Business Valuation Insights

Tax Prep, Planning & Strategy

Some business owners can’t participate in their own companies’ HRAs

Many companies now offer Health Reimbursement Arrangements (HRAs) in conjunction with high-deductible health plans (HDHPs). HRAs offer some advantages…

Tax Prep, Planning & Strategy

The tax implications of a company car

The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This benefit results in tax deductions…

Tax Prep, Planning & Strategy

Should you elect S corporation status?

Operating a business as an S corporation may provide many advantages, including limited liability for owners and no double taxation (at least…

Tax Prep, Planning & Strategy

What to do if your business receives a “no-match” letter

In the past few months, many businesses and employers nationwide have received “no-match” letters from the Social Security Administration…

Tax Prep, Planning & Strategy

The IRS is targeting business transactions in bitcoin and other virtual currencies

Bitcoin and other forms of virtual currency are gaining popularity. But many businesses, consumers, employees and investors are still confused…

Tax Prep, Planning & Strategy

To make the most of social media, just “listen”

How well do you listen to your not-for-profit’s supporters? If you don’t engage in “social listening,” your efforts may not be good enough.…

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Hunt Valley, MD 21030
410.339.6464
Fax: 410.339.7272

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Bel Air, MD 21014
410.838.2237
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Elkton, MD 21921
410.398.1961
Fax: 410.398.1157

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