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Tax essentials for sole proprietors | tax planning in baltimore county | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Tax essentials for sole proprietors

Many small businesses start out as sole proprietorships. This structure is simple and inexpensive to establish and maintain — and it gives…
Sometimes how much is in tax-deferred retirement accounts may be too much | cpa in howard county | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Sometimes how much is in tax-deferred retirement accounts may be too much

Contributing as much as possible to tax-deferred retirement accounts such as traditional 401(k)s and IRAs is a common recommendation. Contributions…
Couple reviewing financial information on a tablet while planning for retirement with expert tax preparation in Baltimore County.

Tax Prep, Planning & Strategy

Will your Social Security benefits be taxable?

Last year, the new tax deduction for taxpayers 65 and older was sometimes referred to as “no tax on Social Security.” In actuality, this…
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Management Advisory Services & Business Consulting

Selecting a tax accounting method for your small business

Small business owners must answer an important question: Should we use the cash or accrual accounting method for federal income tax purposes?…
Hands exchanging "Midyear Review" cards, representing proactive tax planning in Harford County to identify tax-saving opportunities before year-end.

Tax Prep, Planning & Strategy

Midyear tax planning: Review opportunities to save taxes this year (or next)

Summer is a good time to see whether your income, deductions and investment activity are lining up as expected. Let’s take a look at a few…
High-speed train in motion representing the fast pace of business and the importance of timely accounting services in Cecil County for resolving small business tax issues.

Management Advisory Services & Business Consulting

FAQs about resolving small business tax issues

Tax problems can happen to even the most organized small business owners. A cash flow crunch, an unexpected tax notice, a missed filing deadline…

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Suite 210
Hunt Valley, MD 21030
410.339.6464
Fax: 410.339.7272

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139 North Main Street
Suite 201
Bel Air, MD 21014
410.838.2237
Fax: 410.893.9527

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