Insights

Putting a price on donated goods: What nonprofits need to know | accountant in baltimore md | Weyrich, Cronin & Sorra

Non-Profits

Putting a price on donated goods: What nonprofits need to know

Nonprofits of all sizes often receive donations of tangible property, from clothing and household goods to artwork and equipment. But determining…
There’s still time to set up a SEP and reduce your 2025 taxes | accounting firm in hunt valley md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

There’s still time to set up a SEP and reduce your 2025 taxes

If you own a business or are self-employed and haven’t already set up a tax-advantaged retirement plan, consider establishing one before you…
When medical expenses are — and aren’t — tax deductible | tax accountants in cecil county | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

When medical expenses are — and aren’t — tax deductible

If you had significant medical expenses last year, you may be wondering what you can deduct on your 2025 income tax return. Income-based thresholds…
Tax filing update for pass-through entities | tax preparation in harford county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Tax filing update for pass-through entities

Do you operate a business as a partnership, a limited liability company (LLC) treated as a partnership for tax purposes or an S corporation?…
Internal red flags that may indicate shaky nonprofit health | accounting firm in bel air md | Weyrich, Cronin & Sorra

Non-Profits

Internal red flags that may indicate shaky nonprofit health

With cost-of-living concerns, interest rates and federal funding cuts continuing to be prominent in the headlines, many nonprofit leaders are…
Before claiming a charitable deduction for 2025, make sure you can substantiate it | cpa in cecil county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Before claiming a charitable deduction for 2025, make sure you can substantiate it

If you itemize deductions on your 2025 individual income tax return, you potentially can deduct donations to qualified charities you made last…

Connect with Us

Use the form below to send us an email. WCS responds directly to all inquiries and general questions within 24 hours of posting.

This contact form is deactivated because you refused to accept Google reCaptcha service which is necessary to validate any messages sent by the form.