Management Advisory Services & Business Consulting Insights

Undertaking a pay equity audit at your business | business consulting services in baltimore county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Undertaking a pay equity audit at your business

Pay equity is both required by law and a sound business practice. However, providing equitable compensation to employees who perform the same…
Eyes on related parties | business consulting firms in dc | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Eyes on related parties

Business transactions with related parties — such as friends, relatives, parent companies, subsidiaries and affiliated entities — may sometimes…
Classify your nonprofit’s workers correctly — or risk repercussions | quickbooks consulting in alexandria va | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Classify your nonprofit’s workers correctly — or risk repercussions

Many not-for-profits are understaffed in 2022, thanks to a labor shortage and pandemic-related budget shortfalls. Some organizations are filling…
Tax issues to assess when converting from a C corporation to an S corporation | quickbooks consulting in washington dc | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Tax issues to assess when converting from a C corporation to an S corporation

Operating as an S corporation may help reduce federal employment taxes for small businesses in the right circumstances. Although S corporations…
Establish a tax-favored retirement plan | quickbooks consultant in alexandria va | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Establish a tax-favored retirement plan

If your business doesn’t already have a retirement plan, now might be a good time to take the plunge. Current retirement plan rules allow for…
Taking the opposite approach: Ways your business can accelerate taxable income and defer deductions | cpa in alexandria va | WCS

Management Advisory Services & Business Consulting

Taking the opposite approach: Ways your business can accelerate taxable income and defer deductions

Typically, businesses want to delay recognition of taxable income into future years and accelerate deductions into the current year. But when…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
2 Jan

"It may be advantageous to separate ownership of a business’s real estate from the business. But it isn’t always advisable. Here’s a look at the issues." https://bit.ly/48P0aCk

wcscpas Weyrich Cronin Sorra @wcscpas ·
31 Dec

"What triggers an IRS audit and how can you prepare if your business is selected?" https://bit.ly/3CFbIfi