Accounting & Assurance Insights

Tax Prep, Planning & Strategy

Tax document retention guidelines for small businesses

You may have breathed a sigh of relief after filing your 2017 income tax return (or requesting an extension). But if your office is strewn with…

Tax Prep, Planning & Strategy

4 estate planning techniques for blended families

Today, it’s not unusual for a family to include children from prior marriages. These “blended” families can create estate planning complications…

Accounting & Assurance

Should your nonprofit have an advisory board?

Your not-for-profit is likely governed by a core group of board members. But the addition of an informal advisory board can bring complementary…

Tax Prep, Planning & Strategy

TCJA changes to employee benefits tax breaks: 4 negatives and a positive

The Tax Cuts and Jobs Act (TCJA) includes many changes that affect tax breaks for employee benefits. Among the changes are four negatives and…

Tax Prep, Planning & Strategy

IRS Extends Filing and Payment Deadline until midnight Wednesday, April 18th

The IRS’s Modernized e-File and Direct Pay systems were not in operation for most of the day on Tuesday, which was the deadline for individual…

Tax Prep, Planning & Strategy

Blockchain may soon drive business worldwide

“Blockchain” may sound like something that goes on a vehicle’s tires in icy weather or that perhaps is part of that vehicle’s engine.…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
7 Jan

"How does your federal tax bill affect Medicare insurance premiums? How much will monthly Medicare premiums be in 2025? Here are the answers to those and other questions." https://bit.ly/4femneJ

wcscpas Weyrich Cronin Sorra @wcscpas ·
6 Jan

The ongoing saga of the beneficial ownership information reporting requirements isn’t over. A federal appeals court and the government now say that more than 30 million businesses no longer have to file reports in January 2025. https://bit.ly/3W9Ou89