Whalen CPAs: Blog

Discover Our Thoughts on Important Accounting Topics.

We understand that constantly changing tax laws can get confusing. That is why we keep our blog updated on tax policies that could affect the life and business of our clients. If you have any questions regarding an article featured on our blog, please contact the experts at Whalen CPAs for more information. Want info delivered right to your inbox –  Subscribe Now
As previously communicated in Notice 2020-32, the IRS stated its position that business expenses paid with Paycheck Protection Program (PPP)
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  Zoom in Friday for our annual client seminar! In true 2020 fashion, we are going virtual this year. Learn
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Last week, the SBA released finalized forms for a PPP Loan Necessity Questionnaire.   Businesses and not-for-profits that received $2
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The Ohio BWC announced this week that they are issuing a $5 billion dividend to ease the financial pressures organizations
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The Small Business Relief Grant is designed to provide relief to Ohio businesses that have been negatively affected by COVID-19.
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The SBA and Treasury Department released additional guidance related to the Paycheck Protection Program (PPP) this week. The guidance covers
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IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among
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COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is basic information
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The SBA and Treasury released an interim final rule last week that in part addressed forgiveness of payments of rent paid
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The U.S. Chamber of Commerce has submitted a coalition letter to House Speaker Pelosi, Senate Majority Leader McConnell, and Treasury
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Ohio will have a sales tax holiday from Friday, August 7, 2020 at 12:00 a.m. to Sunday, August 9, 2020
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There's a new IRS form for business taxpayers that pay or receive non-employee compensation.   Beginning with tax year 2020,
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To learn more, Contact Whalen CPAs today.