Business Succession Planning Insights

Is an LLC the Right Choice for your Small Business? | Management Advisory Services in MD | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Is an LLC the Right Choice for your Small Business?

Perhaps you operate your small business as a sole proprietorship and want to form a limited liability company (LLC) to protect your assets. Or…
IRS Extends Administrative Relief for 401(k) Plans | Business Consulting and Accounting Services in Baltimore County | Weyrich, Cronin & Sorra

Industries

IRS Extends Administrative Relief for 401(k) Plans

As mitigation measures related to COVID-19 ease, it will be interesting to see which practices and regulatory changes taken in response to the…
10 Fact: Pass-Through Deduction for Qualified Business Income | Tax Preparation in Alexandria | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

10 Fact: Pass-Through Deduction for Qualified Business Income

Are you eligible to take the deduction for qualified business income (QBI)? Here are 10 facts about this valuable tax break, referred to as the…
Tax Advantages of Hiring your Child at your Small Business | Accounting Firm in Maryland | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Tax Advantages of Hiring your Child at your Small Business

As a business owner, you should be aware that you can save family income and payroll taxes by putting your child on the payroll. Here are…
Get smart when tackling estate planning for intellectual property | Estate Planning | WCS | Baltimore, MD

Tax Prep, Planning & Strategy

Get smart when tackling estate planning for intellectual property

If you’ve invented something during your lifetime and had it patented, your estate includes intellectual property (IP). The same goes for any…
ERM: A systemic approach to reducing your nonprofit’s risks | risk management plan for nonprofit organization | WCS | Baltimore, MD

Accounting & Assurance

ERM: A systemic approach to reducing your nonprofit’s risks

Do you associate enterprise risk management (ERM) with for-profit businesses? This systemic approach to risk reduction can be just as effective…

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