Services Insights

IRS issues guidance on Trump accounts | cpa in harford county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

IRS issues guidance on Trump accounts

The One Big Beautiful Bill Act (OBBBA) creates a new type of tax-advantaged account for eligible children. Section 530A accounts, also known…
New itemized deduction limitation will affect high-income individuals next year | accounting firm in cecil county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

New itemized deduction limitation will affect high-income individuals next year

Beginning in 2026, taxpayers in the top federal income tax bracket will see their itemized deductions reduced. If you’re at risk, there are…
Tax Court case provides lessons on best recordkeeping practices for businesses | tax accountant in hunt valley md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Tax Court case provides lessons on best recordkeeping practices for businesses

Running a successful business requires more than delivering great products or services. Behind the scenes, meticulous recordkeeping plays a crucial…
IRS releases critical guidance on calculating tips and overtime deductions for 2025 | accountant in bel air md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

IRS releases critical guidance on calculating tips and overtime deductions for 2025

The One Big Beautiful Bill Act (OBBBA) creates new income tax deductions for tax years 2025 through 2028 for qualified cash tips and overtime…
Understanding the most common IRS notices | accountant in bel air md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Understanding the most common IRS notices

For many taxpayers, receiving a letter from the IRS can feel intimidating. The envelope arrives with the IRS seal, and immediately, worry sets…
5 potential tax breaks to know before moving a parent into a nursing home | estate planning cpa in cecil county md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

5 potential tax breaks to know before moving a parent into a nursing home

Approximately 1.3 million Americans live in nursing homes, according to the National Center for Health Statistics. If you have a parent moving…

Connect with Us

Use the form below to send us an email. WCS responds directly to all inquiries and general questions within 24 hours of posting.

This contact form is deactivated because you refused to accept Google reCaptcha service which is necessary to validate any messages sent by the form.