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Many business tax limits have increased in 2025 | tax preparation in washington dc | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Many business tax limits have increased in 2025

A variety of tax-related limits that affect businesses are indexed annually based on inflation. Many have increased for 2025, but with inflation…
Maryland’s Proposed Business-to-Business Tax: A Direct Hit on Small Businesses | business consulting and accounting services in Baltimore county | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Maryland’s Proposed Business-to-Business Tax: A Direct Hit on Small Businesses

Maryland lawmakers are considering a 2.5% sales tax on business-to-business (B2B) services, which could significantly impact small businesses…
Taming the tax tangle if you’re retiring soon | tax accountants in alexandria | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Taming the tax tangle if you’re retiring soon

Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a long career. Yet the transition…
The tax treatment of intangible assets | tax preparation in baltimore md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

The tax treatment of intangible assets

Intangible assets, such as patents, trademarks, copyrights and goodwill, play a crucial role in today’s businesses. The tax treatment of these…
Saving for college: Tax breaks and strategies your family should know | tax preparation in hunt valley md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Saving for college: Tax breaks and strategies your family should know

As higher education costs continue to rise, you may be concerned about how to save and pay for college. Fortunately, several tools and strategies…
Small business strategy: A heavy vehicle plus a home office equals tax savings | business consulting and accounting services in harford county | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Small business strategy: A heavy vehicle plus a home office equals tax savings

New and used “heavy” SUVs, pickups and vans placed in service in 2025 are potentially eligible for big first-year depreciation write-offs.…

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