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 Financial Accounting Standards Board (FASB) recently issued a long-awaited update to lease accounting, designed to increase transparency and provide
Read more
tax credits for small businesses
Two valuable credits are especially for small businesses that offer certain employee benefits. Can you claim one — or both
Read more
The increased penalty is effective for tax returns filed in calendar years after 2015, meaning it applies to the current
Read more
When it comes to deductions for charitable donations, all donations are not created equal. As you file your 2015 return and
Read more
Just a reminder for businesses filing municipal income tax withholding quarterly in Ohio: the deadline for quarterly filing has changed to
Read more
education-related tax breaks
If there was a college student in your family last year, you may be eligible for some valuable tax breaks
Read more
home office
Today it’s becoming more common to work from home. But just because you have a home office space doesn’t mean
Read more
bonus depreiciation
The Protecting Americans from Tax Hikes Act of 2015 (the PATH Act) extended 50% bonus depreciation through 2017. So the
Read more
w-2 filing extensions
2016 is the last year that U.S. businesses will receive automatic filing extensions for informational returns on Forms W-2. IRS
Read more
By purchasing stock in certain small businesses, you can not only diversify your portfolio but also enjoy preferential tax treatment.
Read more
Here are two extended credits that can save businesses taxes on their 2015 returns.
Read more
WORTHINGTON, Ohio (Jan. 7, 2016) -- Whalen & Company, CPAs is enhancing its service offerings in 2016, merging with QuickBooks®
Read more

To learn more, Contact Whalen CPAs today.