Whalen CPAs: Firm News

What’s New at Whalen CPAs?

Exciting things are always happening at Whalen CPAs! Stay abreast of firm news and Contact Us if you have any questions.

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A tax-smart way to develop and sell appreciated land
Let’s say you own highly appreciated land that’s now ripe for development. If you subdivide it, develop the resulting parcels,
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Pocket a tax break for making energy-efficient home improvements
An estimated 190 million Americans have recently been under heat advisory alerts, according to the National Weather Service. That may
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Receivables: Quality counts
For many companies, a significant line item on the balance sheet is accounts receivable. But can you take the amount
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Start cross-training your accounting team today
The accounting profession is facing a talent crisis. The U.S. Bureau of Labor Statistics estimates that roughly 17% of U.S.
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employee benefit plan
Does your organization offer health care and retirement benefits for its employees? Benefit plans with 100 or more participants are
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Inheriting stock or other assets? You’ll receive a favorable “stepped-up basis”
If you’re planning your estate or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for
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Navigating Dental Practice Acquisition Graphic
Determining a game plan for buying your dental practice is the first step to successfully starting this phase of your
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Supplement your financial statements with timely flash reports
Timely financial information is critical to a successful business or nonprofit organization. In today’s dynamic marketplace, you may need to
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Choosing Your Path to Practice Ownership: Buying vs. Starting Up – Making the Right Choice
As you embark on your professional journey, one important decision awaits you: Should you buy an existing practice or start
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That email or text from the IRS: It’s a scams!
“Thousands of people have lost millions of dollars and their personal information to tax scams,” according to the IRS. The
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Navigating Tax Compliance for Remote Workers
The rise of remote work has created new challenges for businesses when it comes to tax compliance. With employees working
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Strategies for Business Growth and Expansion
Growing your business is a challenging but rewarding endeavor. It takes hard work, dedication, and a clear plan. If you're
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