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Don’t sleep on these after-tax-day tips | tax preparation in hunt valley md | weyrich, cronin and sorra

Tax Prep, Planning & Strategy

Don’t sleep on these after-tax-day tips

With the April 15 tax filing deadline in the rearview mirror, you’re likely to turn your attention to other things. But before you do, it’s…
What’s your potential business vehicle deduction? | tax preparation in harford county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

What’s your potential business vehicle deduction?

If you used one or more vehicles in your business during 2025, you may be eligible for valuable tax deductions on your 2025 income tax return.…
4 types of interest expense you may be able to deduct | tax accountant in alexandria va | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

4 types of interest expense you may be able to deduct

Personal interest expense generally can’t be deducted for federal tax purposes. There are, however, exceptions. Here are four, one of which…
Parents: Claim all the tax credits you’re entitled to | accounting firms in baltimore | weyrich, cronin and sorra

Tax Prep, Planning & Strategy

Parents: Claim all the tax credits you’re entitled to

Raising a family comes with plenty of expenses, but it may also make you eligible for various tax breaks. Some of the most valuable are tax credits,…
Don’t miss your opportunity to make a 2025 IRA contribution — whether you can deduct it or not | Weyrich, Cronin & Sorra | accounting firm in hunt valley md

Tax Prep, Planning & Strategy

Don’t miss your opportunity to make a 2025 IRA contribution — whether you can deduct it or not

Generally, each year you can contribute up to the annual limit to a traditional or Roth IRA (or a combination of the two). But once the contribution…
How the new Trump Accounts for children will work | cpa in harford county md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

How the new Trump Accounts for children will work

A new tax-advantaged way to help children build up savings for the future was created by the One Big Beautiful Bill Act (OBBBA): Trump Accounts…

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