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Debt vs. equity: Classification counts when shareholders put money into their corporations | tax preparation in bel air md | weyrich, cronin and sorra

Management Advisory Services & Business Consulting

Debt vs. equity: Classification counts when shareholders put money into their corporations

If you operate your business as a C corporation, how you put money into your company — and how you take it back out — can have a major impact…
Should your business consider a fiscal year end? | business consulting services bel air md | weyrich, cronin and sorra

Management Advisory Services & Business Consulting

Should your business consider a fiscal year end?

Most businesses close their books for tax and accounting purposes on December 31 because it aligns with the calendar year. But a calendar year…
Options for forfeited employee FSA balances | cpa in hunt valley md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Options for forfeited employee FSA balances

Many businesses offer health care and dependent care flexible spending accounts (FSAs) as part of their employee benefits package. These plans…
Increase your current business deductions under tangible property safe harbors | business consulting services in harford county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Increase your current business deductions under tangible property safe harbors

Did your business make repairs to tangible property, such as buildings, equipment or vehicles, in 2025? Such costs may be fully deductible on…
Avoiding inadvertent S corp termination | business consulting services in baltimore county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Avoiding inadvertent S corp termination

S corporation structure provides most of the tax benefits of a partnership plus the liability protection of a corporation. But because of the…
Important 2026 tax figures for businesses | business consulting services bel air md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Important 2026 tax figures for businesses

A new year brings many new tax-related figures for businesses. Here’s an overview of key figures for 2026. Be aware that exceptions or additional…

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