Tax Prep, Planning & Strategy Insights

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…
The Social Security wage base for employees and self-employed people is increasing in 2024 | accountant in elkton md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

The Social Security wage base for employees and self-employed people is increasing in 2024

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $168,600 for 2024…
Key 2024 inflation-adjusted tax amounts for individuals | cpa in elkton md | Weyrich, Cronin, and Sorra

Tax Prep, Planning & Strategy

Key 2024 inflation-adjusted tax amounts for individuals

The IRS recently announced various 2024 inflation-adjusted federal tax amounts that affect individual taxpayers. Most of the federal income…
What you need to know about restricted stock awards and taxes | accountant in baltimore county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

What you need to know about restricted stock awards and taxes

Restricted stock awards are a popular way for companies to offer equity-oriented executive compensation. Some businesses offer them instead of…

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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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