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
Auditor independence is the cornerstone of the accounting profession. Auditors’ commitment to follow the standards set forth by the American
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Financial statements are critical to monitoring your business’s financial health. In addition to helping management make informed business decisions, year-end
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With the high cost of college, many parents begin saving with 529 plans when their children are babies. Contributions to
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Part 2: The Right Time Many practitioners are curious about when to hire an associate dentist to help with the
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The top line of an income statement for a for-profit business is revenue (or sales). Reporting this line item correctly
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Did you make large gifts to your children, grandchildren, or others last year? If so, it’s important to determine if
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In today’s uncertain marketplace, many businesses are stashing operating cash in their bank accounts, even though they might not have
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Part 1: The Right Reasons One of the most challenging decisions facing a seasoned practitioner is whether to add a
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If your business has significant inventory on its balance sheet, it can be costly. The carrying costs of inventory include
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Financial reporting plays a key role when a business needs funds for continued operations and strategic investment opportunities. Lenders and
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To learn more, Contact Whalen CPAs today.