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 the school year draws to a close and the days lengthen, you may be one of the many homeowners
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Although the kids might still be in school for a few more weeks, summer day camp is rapidly approaching for
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The United States Department of Labor (DOL) issued the final update to its proposed "Overtime Rule" this week, a revision
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[vc_row][vc_column][vc_column_text] Now that the April 18 income tax filing deadline has passed, it may be tempting to set aside any
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tax record retention
The short answer is: none. You need to hold on to all of your 2015 tax records for now. But
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Yes, the federal income tax filing deadline is slightly later than usual this year — April 18 — but it’s now
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gift tax return
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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deducting casualty losses
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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IRA contribution
Have you maxed out your 2015 limits?
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To learn more, Contact Whalen CPAs today.