Tax Prep, Planning & Strategy Insights

Is it a good time for a Roth conversion? | quickbooks consultant in baltimore county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Is it a good time for a Roth conversion?

The downturn in the stock market may have caused the value of your retirement account to decrease. But if you have a traditional IRA, this decline…
Social Security benefits: Do you have to pay tax on them? | quickbooks consultant in baltimore md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Social Security benefits: Do you have to pay tax on them?

Some people who begin claiming Social Security benefits are surprised to find out they’re taxed by the federal government on the amounts they…
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…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
10 Jul

Are you 65 or older and paying Medicare premiums? You may qualify for a valuable tax break. Find out if it makes sense to itemize deductions and include medical expenses on your 2025 return. https://bit.ly/468EbH8

wcscpas Weyrich Cronin Sorra @wcscpas ·
8 Jul

The One, Big, Beautiful Bill Act is now law. Here’s an overview of its key provisions. https://bit.ly/4kpKjhK