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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.…
The tax obligations if your business closes its doors | quickbooks consulting in washington dc | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

The tax obligations if your business closes its doors

Sadly, many businesses have been forced to shut down recently due to the pandemic and the economy. If this is your situation, we can assist you,…

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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