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

2024 Dental Compliance Reminder

S-Corp Understood

Is Your Office Ready to Grow? Dental Office Expansion Series (Adding An Associate)

Part 1: The Right Reasons One of the most challenging decisions facing a seasoned practitioner is whether to add a

Inventory management systems: What’s right for your business?

If your business has significant inventory on its balance sheet, it can be costly. The carrying costs of inventory include

Solid financial reporting can help attract debt and equity financing

Financial reporting plays a key role when a business needs funds for continued operations and strategic investment opportunities. Lenders and

Should your business offer the new emergency savings accounts (PLESA) to employees?

As part of the SECURE 2.0 law, there’s a new benefit option for employees facing emergencies. It’s called a pension-linked

Best practices for M&A due diligence

Engaging in a merger or acquisition (M&A) can help your business grow, but it also can be risky. Buyers must

Auditing concepts: Close-up on materiality

As audit season begins for calendar-year entities, it’s important to review issues that may arise during fieldwork. One common issue

The kiddie tax could affect your children until they’re young adults

The so-called “kiddie tax” can cause some of a child’s unearned income to be taxed at the parent’s higher marginal

6 tips to improve job-costing systems

Companies that work on customer-specific or long-term projects — such as homebuilders, contractors, custom manufacturers, and professional practices — generally