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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…
Many tax limits affecting businesses have increased for 2023 | cpa in baltimore county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Many tax limits affecting businesses have increased for 2023

An array of tax-related limits that affect businesses are indexed annually, and due to high inflation, many have increased more than usual for…
Business owners: Now’s the time to revisit buy-sell agreements | business consulting firms in dc | Weyrich Cronin & Sorra

Management Advisory Services & Business Consulting

Business owners: Now’s the time to revisit buy-sell agreements

If you own an interest in a closely held business, a buy-sell agreement should be a critical component of your estate and succession plans. These…
Employers should be wary of ERC claims that are too good to be true | quickbooks consultant in baltimore county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Employers should be wary of ERC claims that are too good to be true

The Employee Retention Credit (ERC) was a valuable tax credit that helped employers that kept workers on staff during the height of the COVID-19…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
21h

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