Services Insights

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…
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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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Tax Prep, Planning & Strategy

How what you donate impacts your tax deductions

Have you already made contributions to charity this year? Are you considering making more between now and year end? If so, it’s important to…
Should you make after-tax, non-Roth 401(k) contributions? | tax preparation in baltimore county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Should you make after-tax, non-Roth 401(k) contributions?

If you participate in a company 401(k) plan, you already know that you can make pre-tax contributions up to the annual elective deferral limit…

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