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
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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President Trump signed a bill Saturday re-opening the application window for the Paycheck Protection Program (PPP) until Aug. 8.  
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There have been important updates from the SBA and the IRS this week that we wanted to pass along to
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Due to the COVID-19 pandemic, the IRS was unable to mail some previously printed balance due notices as a result
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If you operate a small business, or you’re starting a new one, you probably know you need to keep records
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As more Economic Impact Payments continue to be sent out, the IRS has notified taxpayers that some payments are being sent
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The SBA issued two interim final rules last Friday, May 22 addressing PPP loan forgiveness, loan review procedures, and borrower
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On Friday, May 15th, the SBA issued the Loan Forgiveness Application that will be used by PPP borrowers to determine
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The SBA issued an interim final rule on Wednesday related to possible PPP loan amount increases. Some PPP loans were
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