Tax Prep, Planning & Strategy Insights

Valuable gifts to charity may require an appraisal | tax preparation in hunt valley md | Weyrich Cronin & Sorra

Tax Prep, Planning & Strategy

Valuable gifts to charity may require an appraisal

If you donate valuable items to charity, you may be required to get an appraisal. The IRS requires donors and charitable organizations to supply…
Once you file your tax return, consider these 3 issues | tax preparation in alexandria va | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Once you file your tax return, consider these 3 issues

The tax filing deadline for 2021 tax returns is April 18 this year. After your 2021 tax return has been successfully filed with the IRS, there…
The tax rules of renting out a vacation property | accounting firm in alexandria va | WCS

Tax Prep, Planning & Strategy

The tax rules of renting out a vacation property

Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting it…
There still may be time to cut your tax bill with an IRA | tax accountant in washington dc | WCS CPA

Tax Prep, Planning & Strategy

There still may be time to cut your tax bill with an IRA

If you’re getting ready to file your 2021 tax return, and your tax bill is more than you’d like, there might still be a way to lower it.…
Married couples filing separate tax returns: Why would they do it? | tax accountants in washington dc | WCS

Tax Prep, Planning & Strategy

Married couples filing separate tax returns: Why would they do it?

If you’re married, you may wonder whether you should file joint or separate tax returns. The answer depends on your individual tax situation. In…
Did you give to charity in 2021? Make sure you have substantiation | accountant in washington dc | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Did you give to charity in 2021? Make sure you have substantiation

If you donated to charity last year, letters from the charities may have appeared in your mailbox recently acknowledging the donations. But what…

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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