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
Running a business is filled with regulations that can drain time away from the core of your business. If you
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The Internal Revenue Service will open the 2014 filing season on January 31, 10 days later than originally planned. The
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With the new year upon us, it’s time to start thinking about 2014 retirement plan contributions. Contributing the maximum you’re
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State law was amended in the most recent budget bill to allow Ohio’s Department of Taxation to require annual commercial
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The IRS has issued the 2014 optional standard mileage rates used to calculate the deductible costs of operating an automobile
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For 2013, the maximum IRA contribution is $5,500 — $6,500 if you’re age 50 or older on Dec. 31. (The
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Every December are your employees scrambling to use up their vacation time because of limits on what they can roll
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Maybe. Deductions are more valuable when tax rates are higher, and higher-income taxpayers face higher rates in 2013. But the
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The Ohio Department of Taxation owes millions of dollars in tax refunds to businesses that inadvertently overpaid their taxes. Now
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Many of our firm’s clients are family-owned businesses so we were delighted to learn that two clients were recently honored
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While tax consequences should never drive investment decisions, it’s critical that they be considered — especially this year: Higher-income taxpayers
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Because Ohio has failed to repay outstanding federal loans related to the state’s unemployment insurance for the past four years,
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To learn more, Contact Whalen CPAs today.