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Inflation means you and your employees can save more for retirement in 2023 | accounting firm in baltimore county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Inflation means you and your employees can save more for retirement in 2023

How much can you and your employees contribute to your 401(k)s next year — or other retirement plans? In Notice 2022-55, the IRS recently announced…
How inflation will affect your 2022 and 2023 tax bills | accountant in washington dc | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

How inflation will affect your 2022 and 2023 tax bills

The effects of inflation are all around. You’re probably paying more for gas, food, health care and other expenses than you were last year.…
Life insurance still plays an important role in estate planning | estate planning cpa in baltimore md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

Life insurance still plays an important role in estate planning

Because the federal gift and estate tax exemption amount currently is $12.06 million, fewer people need life insurance to provide their families…
Worried about an IRS audit? Prepare in advance | business consulting and accounting services in elkton | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Worried about an IRS audit? Prepare in advance

IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report , but that’s little consolation…
Tax and other financial consequences of tax-free bonds | tax preparation in washington dc | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Tax and other financial consequences of tax-free bonds

If you’re interested in investing in tax-free municipal bonds, you may wonder if they’re really free of taxes. While the investment generally…
Investing in the future with a 529 education plan | Tax Accountants in Washington DC | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Investing in the future with a 529 education plan

If you have a child or grandchild who’s going to attend college in the future, you’ve probably heard about qualified tuition programs, also…

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