Tax Prep, Planning & Strategy Insights

Do you run a business from home? You may be able to deduct home office expenses | accounting firm in hunt valley md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Do you run a business from home? You may be able to deduct home office expenses

Many people began working from home during the COVID-19 pandemic — and many still work from their home offices either all the time or on a…
Buying a new business vehicle? A heavy SUV is a tax-smart choice | accountant in elkton md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Buying a new business vehicle? A heavy SUV is a tax-smart choice

If you’re buying or replacing a vehicle that you’ll use in your business, be aware that a heavy SUV may provide a more generous tax break…
Child tax credit: The rules keep changing but it’s still valuable | cpa in cecil county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Child tax credit: The rules keep changing but it’s still valuable

If you’re a parent, you may be confused about the rules for claiming the Child Tax Credit (CTC). The rules and credit amounts have changed…
There still may be time to make an IRA contribution for last year | accountant in elkton md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

There still may be time to make an IRA contribution for last year

If you’re getting ready to file your 2022 tax return, and your tax bill is higher than you’d like, there may still be an opportunity to lower…
Claiming losses on depreciated or worthless stock | accountant in cecil county md | Weyrich, Cronin, & Sorra

Tax Prep, Planning & Strategy

Claiming losses on depreciated or worthless stock

Have you bought stock in a company that later dropped in value? While you may prefer to forget such an ill-fated investment, at least you can…
Retirement plan early withdrawals: Make sure you meet the requirements to avoid a penalty | accounting firm in elkton md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Retirement plan early withdrawals: Make sure you meet the requirements to avoid a penalty

Most retirement plan distributions are subject to income tax and may be subject to an additional penalty if you take an early withdrawal. What’s…

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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

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Elkton, MD 21921
410.398.1961
Fax: 410.398.1157

Latest Tweets

wcscpas Weyrich Cronin Sorra @wcscpas ·
9 Sep

The sooner you start planning for the changes in the One, Big, Beautiful Bill Act, the better positioned you’ll be. Here are some of the new provisions affecting families. https://bit.ly/45jsDAf

wcscpas Weyrich Cronin Sorra @wcscpas ·
4 Sep

Starting next year, the federal government is finally updating a burdensome business tax filing requirement that’s been around since the 1950s! Here’s what will change when paying independent contractors. https://bit.ly/41GpdFl