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

What is your external auditor’s responsibility for cybersecurity?

Data breaches can be costly. The average total cost of a data breach has risen to roughly $4.45 million, according

The standard business mileage rate will be going up slightly in 2024

The optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going

Tips for QuickBooks users: 5 mistakes to avoid during bank reconciliation

Reconciling bank accounts is critical to ensuring the accuracy of your company’s accounting records. The primary purpose of a bank

State of Dentistry: 2023 Challenges, Opportunities & Tips for Aspiring Dentists

In our latest podcast episode, we delve into the current state of the dental industry, exploring both the challenges and

What to Do When Patients Don’t Show – Dental Efficiency

Nothing is like walking into your dental practice and discovering that the schedule has fallen apart. The cause may be

Using QuickBooks to prepare 2024 budgets and forecasts

As year-end nears, many businesses and nonprofits are planning for 2024. QuickBooks® provides budget and forecast features to help management

Beyond the Chair: Navigating Key Metrics for Dental Office Prosperity

One common problem that dentists face is that they spend ample time working in their businesses and not much time

Accounting for M&As

Business merger and acquisition (M&A) transactions have significant financial reporting implications. Notably, the company’s balance sheet will look markedly different