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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2016 is the last year that U.S. businesses will receive automatic filing extensions for informational returns on Forms W-2. IRS

By purchasing stock in certain small businesses, you can not only diversify your portfolio but also enjoy preferential tax treatment.

Here are two extended credits that can save businesses taxes on their 2015 returns.

WORTHINGTON, Ohio (Jan. 7, 2016) -- Whalen & Company, CPAs is enhancing its service offerings in 2016, merging with QuickBooks®

The Regional Income Tax Agency of Ohio (RITA) has revealed that personal information for approximately 50,000 individuals may be at

Retirement plan contribution limits are indexed for inflation, but with inflation remaining low, the limits remain unchanged for 2016.

The IRS has released the optional standard mileage rates for 2016, and taxpayers will see reduced mileage rates for calculating

Tax extenders legislation was signed into law on Dec. 18 as part of H.R. 2029.

On Tuesday, Dec. 17, the U.S. House of Representatives approved tax extenders legislation in a vote of 318 to 109;

Last-Minute Tax Saving Tips

The year is quickly drawing to a close, you just must act on these tax saving tips by December 31!

After you reach age 70½, you must take annual required minimum distributions (RMDs) from your retirement plans...

If you’re saving for college, consider a Section 529 savings plan. Although contributions aren’t deductible for federal purposes, plan assets