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 tax treatment of investment income varies, and not just based on whether the income is in the form of
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[vc_row][vc_column][vc_column_text] If your business exports American-made goods or performs architectural or engineering services for foreign construction projects, an interest-charge domestic
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[vc_row][vc_column][vc_column_text] If you’re a collector, donating from your collection instead of your bank account or investment portfolio can be tax-smart.
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[vc_row][vc_column][vc_column_text] Teenagers’ retirement may seem too far off to warrant saving now, but IRAs can be perfect for teens because
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Mortgage interest rates are still at historically low levels, but they’re expected to go up by year end. So if
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Last week the Ohio Supreme Court concluded that it is permissible for Ohio taxpayers to present new evidence during Ohio Board
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The IRS recently released 2015 draft instructions for businesses required to complete Affordable Care Act (ACA) compliance Forms 1094-C and
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When distributing profits in the form of dividends rather than salary, an S corporation and its owners can avoid payroll
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With nonqualified stock options (NQSOs), if the stock appreciates beyond your exercise price, you can buy shares at a price
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On July 31, 2015 President Barack Obama signed into law a bill for highway funding and veterans affairs that includes
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If you typically receive a large federal income tax refund, you are essentially making an interest-free loan to the IRS.
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Earlier this month, the Ohio Supreme Court's ruling in Cunningham v. Testa (Slip Opinion No. 2015-Ohio-2744) considered the state's determination
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