Business Succession Planning Insights

Tax Prep, Planning & Strategy

Individuals get coronavirus (COVID-19) tax and other relief

Taxpayers now have more time to file their tax returns and pay any tax owed because of the coronavirus (COVID-19) pandemic. The Treasury Department…

Tax Prep, Planning & Strategy

SBA offering loans to small businesses hit hard by COVID-19

Every company has faced unprecedented challenges in adjusting to life following the widespread outbreak of the coronavirus (COVID-19). Small…

Tax Prep, Planning & Strategy

UPDATE: Most Recent Changes in Response to COVID – 19

Earlier today Governor Hogan announced only those businesses designated as an essential business are allowed to remain open. The Governor included…

Tax Prep, Planning & Strategy

Thinking about converting from a C corporation to an S corporation?

The right entity choice can make a difference in the tax bill you owe for your business. Although S corporations can provide substantial tax…

Tax Prep, Planning & Strategy

UPDATE: Recent Tax Legislature Changes in response to COVID-19

Tax Filings Tax forms and payments won’t be due to the Internal Revenue Service until July 15 this year, Treasury Secretary Steven Mnuchin…

Tax Prep, Planning & Strategy

Setting up a Health Savings Account for your small business

Given the escalating cost of employee health care benefits, your business may be interested in providing some of these benefits through an employer-sponsored…

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Latest Tweets

wcscpas Weyrich Cronin Sorra @wcscpas ·
5 Dec

"If you’re feeling generous as we head toward the holidays, you may want to give cash gifts to your loved ones. You may also want to steer clear of gift tax implications." https://bit.ly/4ex2oaX

wcscpas Weyrich Cronin Sorra @wcscpas ·
3 Dec

"A limited liability company can provide personal liability protection from creditors while delivering tax benefits. Is it right for you?" https://bit.ly/4fqOQPh