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Intangible assets: How must the costs incurred be capitalized? | quickbooks consultant in harford county md | Weyrich, Cronin & Sorra

Quickbooks Consulting, Training & Configuration

Intangible assets: How must the costs incurred be capitalized?

These days, most businesses have some intangible assets. The tax treatment of these assets can be complex. What makes intangibles so complicated?…
EIDL Program Retooled for Still-Struggling Small Businesses | business consulting services in Baltimore, MD | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

EIDL Program Retooled for Still-Struggling Small Businesses

For many small businesses, the grand reopening is still on hold. The rapid spread of the Delta variant of COVID-19 has mired a variety of companies…
Is your Business Underusing its Accounting Software? | CPA in Cecil County | Weyrich, Cronin & Sorra

Accounting & Assurance

Is your Business Underusing its Accounting Software?

Someone might have once told you that human beings use only 10% of our brains. The implication is that we have vast, untapped stores of cerebral…
Get smart when tackling estate planning for intellectual property | Estate Planning | WCS | Baltimore, MD

Tax Prep, Planning & Strategy

Get smart when tackling estate planning for intellectual property

If you’ve invented something during your lifetime and had it patented, your estate includes intellectual property (IP). The same goes for any…
ERM: A systemic approach to reducing your nonprofit’s risks | risk management plan for nonprofit organization | WCS | Baltimore, MD

Accounting & Assurance

ERM: A systemic approach to reducing your nonprofit’s risks

Do you associate enterprise risk management (ERM) with for-profit businesses? This systemic approach to risk reduction can be just as effective…
Why you should keep life insurance out of your estate | Estate Accountant | WCS | Baltimore, MD

Tax Prep, Planning & Strategy

Why you should keep life insurance out of your estate

If you have a life insurance policy, you probably want to make sure that the life insurance benefits your family will receive after your death…

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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 ·
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"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