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
Yes, the federal income tax filing deadline is slightly later than usual this year — April 18 — but it’s now
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You generally need to file a gift tax return for 2015 if, during the tax year, you made gifts: That
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Starting a new business is an exciting time. But before you even open the doors, you generally have to spend
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This month The United States Department of Labor (DOL) moved forward with a proposed rule to extend overtime protections that
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If you suffer damage to your home or personal property, you may be able to deduct these “casualty” losses on
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If your 2015 tax liability is higher than you’d hoped and you’re ready to transfer some assets to your loved
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The Financial Accounting Standards Board (FASB) recently issued a long-awaited update to lease accounting, designed to increase transparency and provide
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Two valuable credits are especially for small businesses that offer certain employee benefits. Can you claim one — or both
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The increased penalty is effective for tax returns filed in calendar years after 2015, meaning it applies to the current
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When it comes to deductions for charitable donations, all donations are not created equal. As you file your 2015 return and
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Just a reminder for businesses filing municipal income tax withholding quarterly in Ohio: the deadline for quarterly filing has changed to
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To learn more, Contact Whalen CPAs today.