2024 Tax Prep, Planning & Strategy Insights

The IRS unveils ERTC relief program for employers | tax preparation in baltimore md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

The IRS unveils ERTC relief program for employers

Since July 2023, the IRS has taken a series of actions in response to what it has termed a “flood of ineligible claims” for the Employee…
The kiddie tax could affect your children until they’re young adults | tax preparation in washington dc | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

The kiddie tax could affect your children until they’re young adults

The so-called “kiddie tax” can cause some of a child’s unearned income to be taxed at the parent’s higher marginal federal income tax…
There’s a new threshold for electronically filing information returns | tax preparation in baltimore md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

There’s a new threshold for electronically filing information returns

Does your business file 10 or more information returns with the IRS? If so, you must now file them electronically. This is a significant rule…
Don’t overlook taxes when contemplating a move to another state | accountant in washington dc | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Don’t overlook taxes when contemplating a move to another state

When you retire, you may think about moving to another state — perhaps because the weather is more temperate or because you want to be closer…
4 ideas that may help reduce your 2023 tax bill | tax preparation in alexandria va | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

4 ideas that may help reduce your 2023 tax bill

If you’re concerned about your 2023 tax bill, there may still be time to reduce it. Here are four quick strategies that may help you trim your…

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Latest Tweets

wcscpas Weyrich Cronin Sorra @wcscpas ·
7 Jan

"How does your federal tax bill affect Medicare insurance premiums? How much will monthly Medicare premiums be in 2025? Here are the answers to those and other questions." https://bit.ly/4femneJ

wcscpas Weyrich Cronin Sorra @wcscpas ·
6 Jan

The ongoing saga of the beneficial ownership information reporting requirements isn’t over. A federal appeals court and the government now say that more than 30 million businesses no longer have to file reports in January 2025. https://bit.ly/3W9Ou89