Welcome to Wallace O'Donoghue
Accountants, Tax & Business Advisors

If you're looking for a firm of accountants who are focused on providing advice driven, value added services to their clients, we believe we are the firm you are looking for. Underlying our service philosophy is the understanding that each client, whether corporate or individual, is unique and has their own set of priorities and requirements.

The firm's partners have broad, industry-wide experience, having previously worked for both medium-sized local and large international accounting firms. Our client base is extensive including fast growth start up companies, professional practices, established family businesses and individuals.

We are not a scaled down "large firm" and we are not a clone of other firms. We exist on our own terms and provide a range of services that we believe are relevant and of value to our clients.

Please feel free to take a few moments to explore our website and get an overview of our service offering. We welcome all enquiries and offer all prospective clients a free two-hour consultation where we can discuss, in a confidential basis, how we can meet your needs.

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Business News

This site is updated regularly with industry and practice news.

Profit vs Cash Flow in 2026: What Irish SMEs Must Monitor Closely

23rd February 2026

We regularly meet business owners who are surprised to learn that a profitable company can still experience financial pressure. In 2026, understanding the difference between profit and cash flow is more important than ever for Irish SMEs navigating rising costs and competitive markets. Profit is what remains after expenses are deducted from revenue on your […]

Payroll in 2026: Key PAYE and PRSI Updates for Employers

20th February 2026

We believe that staying on top of payroll obligations is one of the most important responsibilities for Irish employers in 2026. PAYE Modernisation has firmly embedded real time reporting into everyday operations, and Revenue continues to place strong emphasis on accuracy and timely submissions. Even small errors can result in penalties, interest and unnecessary administrative […]

Preparing for a Revenue Audit: What Irish Businesses Should Have Ready

19th February 2026

We understand that the words Revenue audit can cause concern for any business owner. However, an audit does not have to be disruptive if your records are organised and your processes are robust. In 2026, with Revenue continuing to enhance data analysis and digital oversight, preparation is more important than ever. The first priority is […]