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The possible tax landscape for businesses in the future - business consulting services in baltimore md - Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

The possible tax landscape for businesses in the future

Get ready: The upcoming presidential and congressional elections may significantly alter the tax landscape for businesses in the United States.…
Six tax issues to consider if you’re getting divorced - cpa in bel air md - Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Six tax issues to consider if you’re getting divorced

Divorce entails difficult personal issues, and taxes are probably the farthest thing from your mind. However, several tax concerns may need to…
Cash or accrual accounting: What’s best for tax purposes? - tax accountants in Alexandria - Weyrich, Cronin & Sorra

Accounting & Assurance

Cash or accrual accounting: What’s best for tax purposes?

Your businesses may have a choice between using the cash or accrual method of accounting for tax purposes. The cash method often provides significant…
Are you unfairly burdened by a spouse’s tax errors? You may qualify for “innocent spouse relief” - accountant in alexandria va - Weyrich, Cronin and Sorra

Tax Prep, Planning & Strategy

Are you unfairly burdened by a spouse’s tax errors? You may qualify for “innocent spouse relief”

Navigating the complexities of tax law can be difficult, especially when faced with an unexpected tax bill due to the errors of a spouse or ex-spouse.…
Understanding taxes on real estate gains - tax accountants in washington dc - Weyrich, Cronin and Sorra

Tax Prep, Planning & Strategy

Understanding taxes on real estate gains

Let’s say you own real estate that has been held for more than one year and is sold for a taxable gain. Perhaps this gain comes from indirect…
Working remotely is convenient, but it may have tax consequences - tax accountant in alexandria va - Weyrich, Cronin and Sorra

Tax Prep, Planning & Strategy

Working remotely is convenient, but it may have tax consequences

Many employees began working remotely during the pandemic and continue doing so today. Remote work has many advantages for employers and employees,…

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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

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