Eric M. Whelan
Eric M. Whelan
CPA, MST, CGMA Director at Mercadien, P.C., Certified Public Accountants
Eric Whelan is a Director with Mercadien and Team Leader for the firm’s tax practice. With over 22 years of experience, Eric knows following his motto, “take one day at a time,” is key to staying calm and collected. This allows him to think clearly and manage his tax engagements and team effectively. Working primarily with commercial businesses and high net worth individuals, Eric starts his engagements with a conversation. He helps his clients identify the issue and works with his team and clients to develop a solution. Whether it’s preparing tax returns, or multi-state tax planning and preparation, Eric is there to advise his clients every step of the way, keeping them from getting overwhelmed. He works with CFOs and business owners on planning, budgeting, and forecasting to help expand their business responsibly. Additionally, Eric represents clients before the Internal Revenue Service as well as state taxation agencies.
Eric oversees the tax team and is responsible for developing and training the team, as well as scheduling to support the tax compliance and planning practice of the firm. He urges his team to leverage resources and, above all, to prioritize in order to keep engagements on time and on budget.
Eric previously worked for a small firm that Mercadien eventually acquired. He worked in all practice areas of the firm, including estate and trust administration, multistate corporate taxation and the nonprofit sector. He worked in both the tax and accounting departments on audits, reviews, and compilations of financial statements. Eric uses his well-rounded experience to continue to grow himself and his team at Mercadien.
Personal Fact: A family man, Eric enjoys spending time watching his children participate in various activities. He loves watching his son compete on multiple swim teams and play volleyball, and learning about the outdoors in Boy Scouts. He also attends his daughter’s dance recitals and drama productions. In the summer, they visit Island Beach State Park to enjoy the Jersey Shore and take trips to Disney.
As year-end approaches, it is a good time to think about planning moves that may help reduce taxes for this year and possibly next. Year-end planning for 2020 takes place during the COVID-19 pandemic, which in addition to its devastating health and mortality impact has widely affected business finances. New tax rules have been enacted…Read More