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Year-end tax planning for accrual-basis taxpayers | tax accountants in cecil county | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Year-end tax planning for accrual-basis taxpayers

Projecting your business’s income for this year and next can allow you to time income and deductible expenses to your tax advantage. It’s…
Is an HDHP plus an HSA a financially smart health care option for you? | accounting firm in elkton md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Is an HDHP plus an HSA a financially smart health care option for you?

Health care costs continue to increase. Pairing a high-deductible health plan (HDHP) with a Health Savings Account (HSA) can help. Insurance…
What you need to know about deducting business gifts | CPA in Cecil County MD | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

What you need to know about deducting business gifts

Thoughtful business gifts are a great way to show appreciation to customers and employees. They can also deliver tax benefits when handled correctly.…
Shift income to take advantage of the 0% long-term capital gains rate | tax accountant in harford county md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

Shift income to take advantage of the 0% long-term capital gains rate

Are you thinking about making financial gifts to loved ones? Would you also like to reduce your capital gains tax? If so, consider giving appreciated…
How will taxes affect your merger or acquisition? | cpa in elkton md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

How will taxes affect your merger or acquisition?

Whether you’re selling your business or acquiring another company, the tax consequences can have a major impact on the transaction’s success…
IRS issues guidance on Trump accounts | cpa in harford county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

IRS issues guidance on Trump accounts

The One Big Beautiful Bill Act (OBBBA) creates a new type of tax-advantaged account for eligible children. Section 530A accounts, also known…

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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

Latest Tweets

wcscpas Weyrich Cronin Sorra @wcscpas ·
13 Jan

One long-held rule in the nonprofit sector says that fundraising events shouldn’t cost more than 30% of their net proceeds. Here’s how to limit expenses and make your gala as profitable as possible. https://bit.ly/48ysxF3

wcscpas Weyrich Cronin Sorra @wcscpas ·
8 Jan

Health Savings Accounts offer several valuable tax benefits. But you can contribute to one only if you have a high-deductible health plan. https://bit.ly/4ruKNIa