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Planning ahead for 2024: Should your 401(k) help employees with emergencies? | quickbooks consultant in hunt valley md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Planning ahead for 2024: Should your 401(k) help employees with emergencies?

The SECURE 2.0 law, which was enacted last year, contains wide-ranging changes to retirement plans. One provision in the law is that eligible…
The advantages of using an LLC for your small business | tax accountant in hunt valley md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

The advantages of using an LLC for your small business

If you operate your small business as a sole proprietorship, you may have thought about forming a limited liability company (LLC) to protect…
Use an S corporation to mitigate federal employment tax bills | quickbooks consulting in harford county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Use an S corporation to mitigate federal employment tax bills

If you own an unincorporated small business, you probably don’t like the size of your self-employment (SE) tax bills. No wonder! For 2023,…
Starting a business? How expenses will be treated on your tax return | accounting firm in hunt valley md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Starting a business? How expenses will be treated on your tax return

Government officials saw a large increase in the number of new businesses launched during the COVID-19 pandemic. And the U.S. Census Bureau reports…
Hiring family members can offer tax advantages (but be careful) | tax preparation in alexandria va | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Hiring family members can offer tax advantages (but be careful)

Summertime can mean hiring time for many types of businesses. With legions of working-age kids and college students out of school, and some spouses…
Solo business owner? There’s a 401(k) for that | business consulting firms in dc | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Solo business owner? There’s a 401(k) for that

If you own a successful small business with no employees, you might be ready to set up a retirement plan. Now a 401(k) might seem way out of…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
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"The qualified business income (QBI) deduction is available to eligible businesses through 2025. After that, it’s scheduled to disappear." https://bit.ly/3JhDEpM

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