Estate & Wealth Transfer Planning Insights

How the new Trump Accounts for children will work | cpa in harford county md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

How the new Trump Accounts for children will work

A new tax-advantaged way to help children build up savings for the future was created by the One Big Beautiful Bill Act (OBBBA): Trump Accounts…
A new year means new tax figures for individuals | estate planning cpa in harford county md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

A new year means new tax figures for individuals

Many tax figures are annually adjusted for inflation and typically increase each year (or at least every few years). For 2026, some additional…
Shift income to take advantage of the 0% long-term capital gains rate | tax accountant in harford county md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

Shift income to take advantage of the 0% long-term capital gains rate

Are you thinking about making financial gifts to loved ones? Would you also like to reduce your capital gains tax? If so, consider giving appreciated…
5 potential tax breaks to know before moving a parent into a nursing home | estate planning cpa in cecil county md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

5 potential tax breaks to know before moving a parent into a nursing home

Approximately 1.3 million Americans live in nursing homes, according to the National Center for Health Statistics. If you have a parent moving…
The advantages of a living trust for your estate plan | cpa in baltimore county md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

The advantages of a living trust for your estate plan

Do you believe you don’t need to worry about estate planning because of the current federal estate tax exemption ($13.99 million per individual…
Understanding the “step-up in basis” when inheriting assets | tax accountant in bel air md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

Understanding the “step-up in basis” when inheriting assets

If you inherit assets after a loved one passes away, they often arrive with a valuable — but frequently misunderstood — tax benefit called…

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