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Can you Deduct the Interest on your Student Debt? | CPA in Alexandria | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Can you Deduct the Interest on your Student Debt?

More than 43 million student borrowers are in debt with an average of $39,351 each, according to the research group EducationData.org. If you…
IRS Extends Administrative Relief for 401(k) Plans | Business Consulting and Accounting Services in Baltimore County | Weyrich, Cronin & Sorra

Industries

IRS Extends Administrative Relief for 401(k) Plans

As mitigation measures related to COVID-19 ease, it will be interesting to see which practices and regulatory changes taken in response to the…
10 Fact: Pass-Through Deduction for Qualified Business Income | Tax Preparation in Alexandria | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

10 Fact: Pass-Through Deduction for Qualified Business Income

Are you eligible to take the deduction for qualified business income (QBI)? Here are 10 facts about this valuable tax break, referred to as the…
Does your Estate Plan Address your Grandchildren Fairly? | Estate Planning CPAs in Alexandria | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

Does your Estate Plan Address your Grandchildren Fairly?

Many people, when planning their estate, simply divide their assets equally among their children. But “equal” may not necessarily mean “fair.”…
Members of the Sandwich Generation are in a Unique Situation | Estate Planning CPA in Alexandria | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

Members of the Sandwich Generation are in a Unique Situation

The “sandwich generation” is a large segment of the population. These are people who find themselves caring for both their children and their…
Pondering the Possibility of a Company Retreat | CPA in Alexandria | Weyrich, Cronin & Sorra

Industries

Pondering the Possibility of a Company Retreat

As vaccination levels rise and major U.S. population centers fully reopen, business owners may find themselves pondering an intriguing thought:…

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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 ·
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"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