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Tax filing FAQs for individuals | accounting firm in elkton md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Tax filing FAQs for individuals

The IRS is opening the filing season for 2025 individual income tax returns on January 26. This is about the same time as when the agency began…
Important 2026 tax figures for businesses | business consulting services bel air md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Important 2026 tax figures for businesses

A new year brings many new tax-related figures for businesses. Here’s an overview of key figures for 2026. Be aware that exceptions or additional…
A new year means new tax figures for individuals | estate planning cpa in harford county md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

A new year means new tax figures for individuals

Many tax figures are annually adjusted for inflation and typically increase each year (or at least every few years). For 2026, some additional…
Not all “business” expenses are tax deductible | business consulting services in harford county md | weyrich, cronin and sorra

Management Advisory Services & Business Consulting

Not all “business” expenses are tax deductible

Valuation professionals often use discounted cash flow (DCF) techniques to determine the value of a business or estimate economic losses. A critical…
New deduction for QPP can save significant taxes for manufacturers and similar businesses | business consulting and accounting services in bel air md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

New deduction for QPP can save significant taxes for manufacturers and similar businesses

The One Big Beautiful Bill Act (OBBBA) allows 100% first-year depreciation for nonresidential real estate that’s classified as qualified production…
2026 tax calendar | Tax Accountant in Elkton MD | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

2026 tax calendar

To help make sure you don’t miss any important 2026 deadlines, we’re providing this summary of when various tax-related forms, payments and…

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Weyrich Cronin Sorra

@wcscpas ·
24 Sep

Bartering can be a viable way to conduct business, especially if you’re strapped for cash. But you can’t escape tax obligations. https://bit.ly/46e5KO2

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Weyrich Cronin Sorra

@wcscpas ·
22 Sep

Do you invest in mutual funds? If you hold such funds in a taxable account (in other words, outside of a retirement plan), it’s important to understand the tax consequences of holding and selling them. https://bit.ly/4xjpXya