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Are you liable for two additional taxes on your income? | Accountant in hunt valley md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Are you liable for two additional taxes on your income?

Having a high income may mean you owe two extra taxes: the 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax on wage and…
How the U.S. election changes the outlook for taxes | Accounting Firm in Baltimore MD | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

How the U.S. election changes the outlook for taxes

The outcome of the November 5 election is likely to significantly impact taxes. Many provisions in President-elect Donald Trump’s signature…
Help ensure your partnership or LLC complies with tax law | Business consulting and accounting services in baltimore md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Help ensure your partnership or LLC complies with tax law

When drafting partnership and LLC operating agreements, various tax issues must be addressed. This is also true of multi-member LLCs that are…
How much can you contribute to your retirement plan in 2025? The IRS just revealed the answer | tax accountant in alexandria va | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

How much can you contribute to your retirement plan in 2025? The IRS just revealed the answer

The IRS has issued its 2025 inflation-adjusted contribution amounts for retirement plans in Notice 2024-80. Many retirement-plan-related limits…
6 tax-free income opportunities - Tax Accountants in Cecil County - Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

6 tax-free income opportunities

Believe it or not, there are ways to collect tax-free income and gains. Here are some of the best opportunities to put money in your pocket without…
Understanding your obligations: Does your business need to report employee health coverage? - Accounting firms in baltimore - Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Understanding your obligations: Does your business need to report employee health coverage?

Employee health coverage is a significant part of many companies’ benefits packages. However, the administrative responsibilities that accompany…

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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

Latest Tweets

wcscpas Weyrich Cronin Sorra @wcscpas ·
26 Jun

A Section 127 educational assistance plan can be a smart investment for your business. With this tax-favored benefit, employees can finish degrees, pursue graduate study and even pay off student loan debt. https://bit.ly/3FaJcnJ

wcscpas Weyrich Cronin Sorra @wcscpas ·
24 Jun

Just because you filed your 2024 tax return doesn’t mean the questions about it stop. Here are some answers. https://bit.ly/3YUUmUe