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How Start-Up Expenses are Handled on your Tax Return | Tax Preparation in Washington DC | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

How Start-Up Expenses are Handled on your Tax Return

Despite the COVID-19 pandemic, government officials are seeing a large increase in the number of new businesses being launched. From June 2020…
DEI Programs are Good for Business | Business Consulting Services in Alexandria | Weyrich, Cronin & Sorra

Services

DEI Programs are Good for Business

Many businesses are spending more time and resources on supporting the well-being of their employees. This includes recognizing and addressing…
IRS Extends Administrative Relief for 401(k) Plans | Business Consulting and Accounting Services in Baltimore County | Weyrich, Cronin & Sorra

Industries

IRS Extends Administrative Relief for 401(k) Plans

As mitigation measures related to COVID-19 ease, it will be interesting to see which practices and regulatory changes taken in response to the…
10 Fact: Pass-Through Deduction for Qualified Business Income | Tax Preparation in Alexandria | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

10 Fact: Pass-Through Deduction for Qualified Business Income

Are you eligible to take the deduction for qualified business income (QBI)? Here are 10 facts about this valuable tax break, referred to as the…
Pondering the Possibility of a Company Retreat | CPA in Alexandria | Weyrich, Cronin & Sorra

Industries

Pondering the Possibility of a Company Retreat

As vaccination levels rise and major U.S. population centers fully reopen, business owners may find themselves pondering an intriguing thought:…
Tax Advantages of Hiring your Child at your Small Business | Accounting Firm in Maryland | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Tax Advantages of Hiring your Child at your Small Business

As a business owner, you should be aware that you can save family income and payroll taxes by putting your child on the payroll. Here are…

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Hunt Valley Office

20 Wight Avenue
Suite 210
Hunt Valley, MD 21030
410.339.6464
Fax: 410.339.7272

Bel Air Office

139 North Main Street
Suite 201
Bel Air, MD 21014
410.838.2237
Fax: 410.893.9527

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116 West Main Street
Elkton, MD 21921
410.398.1961
Fax: 410.398.1157

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wcscpas Weyrich Cronin Sorra @wcscpas ·
13 Feb

"New nonprofits must ask the IRS to recognize their tax-exempt status. But should you file Form 1023 or Form 1023-EZ, the easier, less expensive option? Here’s some information to help you decide." https://bit.ly/3PDkHBb

wcscpas Weyrich Cronin Sorra @wcscpas ·
11 Feb

"You may spend years building up your traditional IRA, but there is a time when you must start taking withdrawals. Here are answers to frequently asked questions about required minimum distributions." https://bit.ly/3C4uFbF