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Federal regulators expand overtime pay requirements, ban most noncompete agreements - accounting firm in washington dc - weyrich, cronin and sorra

Management Advisory Services & Business Consulting

Federal regulators expand overtime pay requirements, ban most noncompete agreements

The U.S. Department of Labor (DOL) has issued a new final rule regarding the salary threshold for determining whether employees are exempt from…
Don’t have a tax-favored retirement plan? Set one up now - business consulting firms in dc - weyrich, cronin and sorra

Tax Prep, Planning & Strategy

Don’t have a tax-favored retirement plan? Set one up now

If your business doesn’t already have a retirement plan, it might be a good time to take the plunge. Current retirement plan rules allow for…
When partners pay expenses related to the business - accounting firm in Cecil County MD - weyrich, cronin and sorra

Management Advisory Services & Business Consulting

When partners pay expenses related to the business

It’s not unusual for a partner to incur expenses related to the partnership’s business. This is especially likely to occur in service partnerships…
Disaster relief charities: Know the rules before providing aid - tax accountants in Washington DC - weyrich, cronin and sorra

Non-Profits

Disaster relief charities: Know the rules before providing aid

The United States is entering the most natural-disaster-prone time of the year. Tornadoes are most likely to occur in May, and the Atlantic hurricane…
The pros and cons of turning your home into a rental - tax preparation in alexandria va - weyrich, cronin and sorra

Tax Prep, Planning & Strategy

The pros and cons of turning your home into a rental

If you’re buying a new home, you may have thought about keeping your current home and renting it out. In March, average rents for one- and…
Watch out for “income in respect of a decedent” issues when receiving an inheritance - tax accountant in washington dc - weyrich, cronin and sorra

Estate & Wealth Transfer Planning

Watch out for “income in respect of a decedent” issues when receiving an inheritance

Most people are genuinely appreciative of inheritances, and who wouldn’t enjoy some unexpected money? But in some cases, it may turn out to…

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