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Do you qualify for the QBI deduction? And can you do anything by year-end to help qualify? | quickbooks consultant in harford county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Do you qualify for the QBI deduction?

If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is referred…
Timing is everything when it comes to accounting software upgrades | tax accountant in alexandria va | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Timing is everything when it comes to accounting software upgrades

“Well, it still works, and everyone knows how to use it, but….” Do these words sound familiar? Many businesses stick with their accounting…
Is your business closing? Here are your final tax responsibilities | business consulting and accounting services in baltimore county | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Is your business closing? Here are your final tax responsibilities

Businesses shut down for many reasons. Some of the reasons that businesses shutter their doors: An owner retirement, A lease expiration, …
Choosing a retirement plan for your small business | quickbooks consultant in baltimore county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Choosing a retirement plan for your small business

Most growing small businesses reach a point where the owner looks around at the leadership team and says, “It’s time. We need to offer employees…
Reinforce your cybersecurity defenses regularly | business consulting services in hunt valley md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Reinforce your cybersecurity defenses regularly

If you’ve been in business for any amount of time, you probably don’t need anyone to tell you about the importance of cybersecurity. However,…
Employers: In 2023, the Social Security wage base is going up | cpa in baltimore county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Employers: In 2023, the Social Security wage base is going up

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for 2023…

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Bel Air, MD 21014
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wcscpas Weyrich Cronin Sorra @wcscpas ·
16 May

"But the IRS also indicated in Notice 2024-35 that forthcoming final regulations for the rule will apply for the purposes of determining RMDs from such accounts in 2025." https://bit.ly/3UgSr9t

wcscpas Weyrich Cronin Sorra @wcscpas ·
14 May

"If you operate a business, or you’re starting a new one, you know records of income and expenses need to be kept." https://bit.ly/3VXkw84