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Why an LLC might be the best choice of entity for your business | cpa in baltimore county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Why an LLC might be the best choice of entity for your business

The business entity you choose can affect your taxes, your personal liability and other issues. A limited liability company (LLC) is somewhat…
How to avoid the early withdrawal tax penalty on IRA distributions | accountant in hunt valley md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

How to avoid the early withdrawal tax penalty on IRA distributions

When you take withdrawals from your traditional IRA, you probably know that they’re taxable. But there may be a penalty tax on early withdrawals…
Is your withholding adequate? Here’s how to check | accountant in cecil county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Is your withholding adequate? Here’s how to check

When you filed your federal tax return this year, were you surprised to find you owed money? You might want to change your withholding so that…
Estimated tax payments: Who owes them and when is the next one due? | accounting firm in elkton md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Estimated tax payments: Who owes them and when is the next one due?

If you don’t have enough federal tax withheld from your paychecks and other payments, you may have to make estimated tax payments. This is…
Is it time for your business to fully digitize its accounts receivable? | business consulting services in washington dc | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Is it time for your business to fully digitize its accounts receivable?

With electronic payments and in-app purchases becoming so much the norm, many midsize to large companies have grown accustomed to software-driven…
How do taxes factor into an M&A transaction? | business consulting firms in dc | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

How do taxes factor into an M&A transaction?

Although merger and acquisition activity has been down in 2022, according to various reports, there are still companies being bought and sold.…

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Hunt Valley Office

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Suite 210
Hunt Valley, MD 21030
410.339.6464
Fax: 410.339.7272

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Bel Air, MD 21014
410.838.2237
Fax: 410.893.9527

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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