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Businesses can still cut their 2024 taxes | cpa in washington dc | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Businesses can still cut their 2024 taxes

President-Elect Trump will take power early next year along with a unified GOP Congress. However, it’s still unknown how the tax landscape…
Can homeowners deduct seller-paid points as the real estate market improves? | Accounting Firm in Alexandria VA | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Can homeowners deduct seller-paid points as the real estate market improves?

The recent drop in interest rates has created a buzz in the real estate market. Potential homebuyers may now have an opportunity to attain their…
It’s not too late to trim your 2024 taxes | cpa in baltimore md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

It’s not too late to trim your 2024 taxes

As the end of the year draws near, savvy taxpayers look for ways to reduce their tax bills. This year, the sense of urgency is higher for many…
It’s time for your small business to think about year-end tax planning | tax accountant in elkton md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

It’s time for your small business to think about year-end tax planning

With Labor Day in the rearview mirror, it’s time to take proactive steps that may help lower your small business’s taxes for this year and…
Now what? Assessing the likely tax impacts of the 2024 election | accountant in bel air md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Now what? Assessing the likely tax impacts of the 2024 election

President-Elect Donald Trump will return to the White House in 2025 — a year that already was expected to see significant activity on the federal…
Are you liable for two additional taxes on your income? | Accountant in hunt valley md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Are you liable for two additional taxes on your income?

Having a high income may mean you owe two extra taxes: the 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax on wage and…

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