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Ways to manage the limit on the business interest expense deduction | accounting firm in washington dc | Weyrich, Cronin & Sorra

Accounting & Assurance

Ways to manage the limit on the business interest expense deduction

Prior to the enactment of the Tax Cuts and Jobs Act (TCJA), businesses were able to claim a tax deduction for most business-related interest…
Exploring business entities: Is an S corporation the right choice? | business consulting services in alexandria va | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Exploring business entities: Is an S corporation the right choice?

Are you starting a business with partners and deciding on the right entity? An S corporation might be the best choice for your new venture. One…
Questions about taxes and tips? Here are some answers for employers | tax accountants in cecil county | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Questions about taxes and tips? Here are some answers for employers

Businesses in certain industries employ service workers who receive tips as a large part of their compensation. These businesses include restaurants,…
The standard business mileage rate increased in 2025 | Tax Preparation in Baltimore MD | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

The standard business mileage rate increased in 2025

The nationwide price of gas is slightly higher than it was a year ago and the 2025 optional standard mileage rate used to calculate the deductible…
Early bird tips: Answering your tax season questions | tax accountants in Washington DC | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Early bird tips: Answering your tax season questions

The IRS announced it will start the 2025 filing season for individual income tax returns on January 27. That’s when the agency began accepting…
Many business tax limits have increased in 2025 | tax preparation in washington dc | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Many business tax limits have increased in 2025

A variety of tax-related limits that affect businesses are indexed annually based on inflation. Many have increased for 2025, but with inflation…

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Hunt Valley, MD 21030
410.339.6464
Fax: 410.339.7272

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Bel Air, MD 21014
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Elkton, MD 21921
410.398.1961
Fax: 410.398.1157

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wcscpas Weyrich Cronin Sorra @wcscpas ·
22h

Big changes ahead! The federal government will soon stop issuing paper tax refund and Social Security checks. Here’s what you need to know. https://bit.ly/4lLKVQl

wcscpas Weyrich Cronin Sorra @wcscpas ·
29 Jul

You’ve probably heard that the One, Big, Beautiful Bill Act has been enacted. What will it mean for taxes and your business? https://bit.ly/4nXZzFx