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

Ohio Supreme Court Ruling Affects Non-Residency Status

Earlier this month, the Ohio Supreme Court's ruling in Cunningham v. Testa (Slip Opinion No. 2015-Ohio-2744) considered the state's determination

Are you ready for ACA information reporting?

The U.S. Supreme Court’s June 25 decision once again upheld the Affordable Care Act (ACA), meaning employers subject to the

The Tax Impact of the U.S. Supreme Court’s Same-Sex Marriage Decision

On June 26, the U.S. Supreme Court ruled that same-sex couples have a constitutional right to marry. From a tax

Credit shelter trust benefits for large estates

Portability now allows married couples to use up both spouses’ estate tax exemptions without having to make lifetime asset transfers

Out-of-State Telecommuters: Tax Consequences

If you have employees who telecommute, make sure you consider the potential tax implications. Hiring someone who telecommutes in another

Details matter when selling investments

If you don’t pay attention to the details, the tax consequences of an investment sale may be different from what

FASB Proposes Not-for-Profit Accounting Standards Update

The Financial Accounting Standards Board (FASB) recently proposed an accounting standards update (ASU) for not-for-profit entities. The proposed update will

Ohio BWC Prospective Billing Switch Begins July 1

July 1, 2015 marks the beginning of the new policy year for the Ohio Bureau of Workers' Compensation (BWC) prospective billing

Donated Vehicle Value Depends on Charity’s Use

[vc_row][vc_column][vc_column_text]If you donate your vehicle, the value of your deduction can vary significantly, depending on what the charity does with the