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Enacting a spendthrift trust can be beneficial to your loved ones | estate planning cpa in baltimore md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

Enacting a spendthrift trust can be beneficial to your loved ones

Are you concerned that some of your beneficiaries might squander their inheritances or simply aren’t equipped to handle the financial responsibilities…
Supreme Court: Overtime rules still apply to highly compensated employees | business consulting and accounting services in elkton | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Supreme Court: Overtime rules still apply to highly compensated employees

If you were told someone earns more than $200,000 annually, you might assume the person is a salaried employee who’s ineligible for overtime…
Two important tax deadlines are coming up — and they don’t involve filing your 2022 tax return | cpa in hunt valley md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Two important tax deadlines are coming up — and they don’t involve filing your 2022 tax return

April 18 is the deadline for filing your 2022 tax return. But a couple of other tax deadlines are coming up in April and they’re important…
To file or not to file a gift tax return, that is the question | accountant in cecil county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

To file or not to file a gift tax return, that is the question

If you made gifts last year you may be wondering if you need to file a gift tax return. The short answer: There are many situations when it’s…
Do you run a business from home? You may be able to deduct home office expenses | accounting firm in hunt valley md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Do you run a business from home? You may be able to deduct home office expenses

Many people began working from home during the COVID-19 pandemic — and many still work from their home offices either all the time or on a…
Buying a new business vehicle? A heavy SUV is a tax-smart choice | accountant in elkton md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Buying a new business vehicle? A heavy SUV is a tax-smart choice

If you’re buying or replacing a vehicle that you’ll use in your business, be aware that a heavy SUV may provide a more generous tax break…

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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

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wcscpas Weyrich Cronin Sorra @wcscpas ·
13 Feb

"New nonprofits must ask the IRS to recognize their tax-exempt status. But should you file Form 1023 or Form 1023-EZ, the easier, less expensive option? Here’s some information to help you decide." https://bit.ly/3PDkHBb

wcscpas Weyrich Cronin Sorra @wcscpas ·
11 Feb

"You may spend years building up your traditional IRA, but there is a time when you must start taking withdrawals. Here are answers to frequently asked questions about required minimum distributions." https://bit.ly/3C4uFbF