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Businesses may receive notices about information returns that don’t match IRS records | accountant in harford county md | Weyrich Cronin & Sorra

Tax Prep, Planning & Strategy

Businesses may receive notices about information returns that don’t match IRS records

The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that doesn’t…
The tax mechanics involved in the sale of trade or business property | accountant in baltimore md | Weyrich Cronin & Sorra

Management Advisory Services & Business Consulting

The tax mechanics involved in the sale or trade of business property

There are many rules that can potentially apply to the sale of business property. Thus, to simplify discussion, let’s assume that the property…
Valuable gifts to charity may require an appraisal | tax preparation in hunt valley md | Weyrich Cronin & Sorra

Tax Prep, Planning & Strategy

Valuable gifts to charity may require an appraisal

If you donate valuable items to charity, you may be required to get an appraisal. The IRS requires donors and charitable organizations to supply…
Tax considerations when adding a new partner at your business | business consulting and accounting services in bel air md | Weyrich Cronin & Sorra

Management Advisory Services & Business Consulting

Tax considerations when adding a new partner at your business

Adding a new partner in a partnership has several financial and legal implications. Let’s say you and your partners are planning to admit a…
Undertaking a pay equity audit at your business | business consulting services in baltimore county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Undertaking a pay equity audit at your business

Pay equity is both required by law and a sound business practice. However, providing equitable compensation to employees who perform the same…
Opening up to SLAT opportunities | estate planning cpa in alexandria va | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

Opening up to SLAT opportunities

Estate tax planning can become complicated when multiple parties are involved. For example, you may be concerned about providing assets to a…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
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