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Many factors are involved when choosing a business entity | business consulting services in baltimore md | WCS

Tax Prep, Planning & Strategy

Many factors are involved when choosing a business entity

Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will work best…
Converting a traditional IRA to a Roth IRA can benefit your retirement and estate plans | estate planning cpa in baltimore md | WCS

Tax Prep, Planning & Strategy

Converting a traditional IRA to a Roth IRA can benefit your retirement and estate plans

Retirement planning and estate planning often go hand in hand: The more you save in retirement, the more you’ll have to pass on to the next…
How will revised tax limits affect your 2022 taxes? | tax preparation in cecil county md | WCS

Tax Prep, Planning & Strategy

How will revised tax limits affect your 2022 taxes?

While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your tax situation for this year.…
2022 Q1 tax calendar: Key deadlines for businesses and other employers | tax preparation in bel air md | WCS

Tax Prep, Planning & Strategy

2022 Q1 tax calendar: Key deadlines for businesses and other employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2022. Keep in mind that this…
Defer tax with a like-kind exchange | tax accountant in baltimore md | WCS

Tax Prep, Planning & Strategy

Defer tax with a like-kind exchange

Do you want to sell commercial or investment real estate that has appreciated significantly? One way to defer a tax bill on the gain is with…
Feeling Generous at Year End? Strategies for Donating to Charity or Gifting | tax accountant in bel air md | WCS

Tax Prep, Planning & Strategy

Feeling Generous at Year End? Strategies for Donating to Charity or Gifting

As we approach the holidays, many people plan to donate to their favorite charities or give money or assets to their loved ones. Here are the…

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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