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The QBI deduction and what’s new in the One, Big, Beautiful Bill Act | cpa in baltimore city | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

The QBI deduction and what’s new in the One, Big, Beautiful Bill Act

The qualified business income (QBI) deduction, which became effective in 2018, is a significant tax benefit for many business owners. It allows…
How will the changes to the SALT deduction affect your tax planning? | tax preparation bel air | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

How will the changes to the SALT deduction affect your tax planning?

The One Big Beautiful Bill Act (OBBBA) shifts the landscape for federal income tax deductions for state and local taxes (SALT), albeit temporarily.…
Is college financial aid taxable? A crash course for families | tax preparation in bel air md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Is college financial aid taxable? A crash course for families

College can be expensive. According to the College Board, the average sticker price for tuition and fees at private colleges was $43,350 for…
Milestone moments: How age affects certain tax provisions | CPA in Bel Air MD | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Milestone moments: How age affects certain tax provisions

They say age is just a number — but in the world of tax law, it’s much more than that. As you move through your life, the IRS treats you…
Startup costs and taxes: What you need to know before filing | business consulting services in elkton md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Startup costs and taxes: What you need to know before filing

The U.S. Census Bureau reports there were nearly 447,000 new business applications in May of 2025. The bureau measures this by tracking the number…
What the new tax law could mean for you | accounting firms in baltimore | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

What the new tax law could mean for you

As 2025 began, individual taxpayers faced uncertainty with several key provisions of the tax law that were set to expire at the end of the year.…

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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 ·
26 Aug

The QBI deduction remains one of the most valuable tax breaks for eligible business owners. Here’s a look at the tax break and how it changes under the One, Big, Beautiful Bill Act. https://bit.ly/4fAP1s4

wcscpas Weyrich Cronin Sorra @wcscpas ·
22 Aug

We're happy to announce that we're nominated for Cecil's Best Accounting Firm! Help us win this esteemed title by voting for us in the Communities Choice poll. Vote here: https://bit.ly/4fPWBiH