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Advantages and disadvantages of claiming big first-year real estate depreciation deductions | business consulting and accounting services in elkton | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Advantages and disadvantages of claiming big first-year real estate depreciation deductions

Your business may be able to claim big first-year depreciation tax deductions for eligible real estate expenditures rather than depreciate them…
If you’re hiring independent contractors, make sure they’re properly handled | quickbooks consultant in baltimore md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

If you’re hiring independent contractors, make sure they’re properly handled

Many businesses use independent contractors to help keep their costs down — especially in these times of staff shortages and inflationary pressures.…
6 tried-and-true strategies for improving collections | quickbooks consulting in cecil county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

6 tried-and-true strategies for improving collections

Businesses that operate in the retail or restaurant spheres have it relatively easy when it comes to collections. They generally take payments…
The tax advantages of hiring your child this summer | tax preparation in baltimore county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

The tax advantages of hiring your child this summer

Summer is around the corner so you may be thinking about hiring young people at your small business. At the same time, you may have children…
Retirement saving options for your small business: Keep it simple | business consulting firms in dc | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Retirement saving options for your small business: Keep it simple

If you’re thinking about setting up a retirement plan for yourself and your employees, but you’re worried about the financial commitment…
Changes in Sec. 174 make it a good time to review the R&E strategy of your business | business consulting services in elkton md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Changes in Sec. 174 make it a good time to review the R&E strategy of your business

It’s been years since the Tax Cuts and Jobs Act (TCJA) of 2017 was signed into law, but it’s still having an impact. Several provisions in…

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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

Elkton Office

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

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wcscpas Weyrich Cronin Sorra @wcscpas ·
2 May

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

wcscpas Weyrich Cronin Sorra @wcscpas ·
30 Apr

"But if you segment responsibilities into committees, you can help ease the burden on board members — and retain them longer. Committee work has other benefits as well." https://bit.ly/4421fUR