Tax Prep, Planning & Strategy Insights

Five tax implications of divorce | estate planning cpa in bel air md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Five tax implications of divorce

Are you in the early stages of divorce? In addition to the tough personal issues that you’re dealing with, several tax concerns need to be…
The HSA: A healthy supplement to your wealth-building regimen | accounting firm in hunt valley md | Weyrich Cronin & Sorra

Tax Prep, Planning & Strategy

The HSA: A healthy supplement to your wealth-building regimen

A Health Savings Account (HSA) can be a powerful tool for financing health care expenses while supplementing your other retirement savings vehicles.…
Inflation enhances the 2023 amounts for Health Savings Accounts | tax accountant in harford county md | Weyrich Cronin & Sorra

Tax Prep, Planning & Strategy

Inflation enhances the 2023 amounts for Health Savings Accounts

The IRS recently released guidance providing the 2023 inflation-adjusted amounts for Health Savings Accounts (HSAs). High inflation rates will…
IRA charitable donations: An alternative to taxable required distributions | accounting firms in baltimore | Weyrich Cronin & Sorra

Tax Prep, Planning & Strategy

IRA charitable donations: An alternative to taxable required distributions

Are you a charitably minded individual who is also taking distributions from a traditional IRA? You may want to consider the tax advantages of…
Caring for an elderly relative? You may be eligible for tax breaks | tax accountants in baltimore city | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Caring for an elderly relative? You may be eligible for tax breaks

Taking care of an elderly parent or grandparent may provide more than just personal satisfaction. You could also be eligible for tax breaks.…
Thinking about converting your home into a rental property? | cpa in baltimore md | Weyrich Cronin & Sorra

Tax Prep, Planning & Strategy

Thinking about converting your home into a rental property?

In some cases, homeowners decide to move to new residences, but keep their present homes and rent them out. If you’re thinking of doing this,…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
3 Jul

It’s a win-win: tax benefits for donors and financial support for your nonprofit. Learn why you need to talk to potential contributors about qualified charitable distributions. https://bit.ly/44bpz7h

wcscpas Weyrich Cronin Sorra @wcscpas ·
1 Jul

Curious how The One, Big, Beautiful Bill could affect taxes for you and your family? Here are seven key tax breaks in the bill and what they could mean for you. https://bit.ly/4lp3Xvf