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Dodge the tumult with a buy-sell agreement | cpa in washington dc | Weyrich Cronin & Sorra

Management Advisory Services & Business Consulting

Dodge the tumult with a buy-sell agreement

Businesses with multiple owners generally benefit from a variety of viewpoints, diverse experience and strategic areas of specialization. However,…
Tighten up billing and collections to mitigate economic uncertainties | business consulting services in bel air md | Weyrich Cronin & Sorra

Management Advisory Services & Business Consulting

Tighten up billing and collections to mitigate economic uncertainties

While many economic indicators remain strong, the U.S. economy is still giving business owners plenty to think about. The nation’s gross domestic…
The tax mechanics involved in the sale of trade or business property | accountant in baltimore md | Weyrich Cronin & Sorra

Management Advisory Services & Business Consulting

The tax mechanics involved in the sale or trade of business property

There are many rules that can potentially apply to the sale of business property. Thus, to simplify discussion, let’s assume that the property…
Tax considerations when adding a new partner at your business | business consulting and accounting services in bel air md | Weyrich Cronin & Sorra

Management Advisory Services & Business Consulting

Tax considerations when adding a new partner at your business

Adding a new partner in a partnership has several financial and legal implications. Let’s say you and your partners are planning to admit a…
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…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
5 Jun

Many businesses turn to independent contractors to fill open roles and reduce costs. To avoid costly issues with the IRS, it’s important to understand the key rules that govern worker classification. https://bit.ly/4kysHRv

wcscpas Weyrich Cronin Sorra @wcscpas ·
3 Jun

Learn how the “step-up in basis” rule can help heirs avoid capital gains tax when they inherit certain assets. https://bit.ly/436OsC0