Tax Prep, Planning & Strategy Insights

There’s a favorable “stepped-up basis” if you inherit property | tax preparation in harford county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

There’s a favorable “stepped-up basis” if you inherit property

A common question for people planning their estates or inheriting property is: For tax purposes, what’s the “cost” (or “basis”) an…
Paperwork you can toss after filing your tax return | tax preparation in alexandria va | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Paperwork you can toss after filing your tax return

Once you file your 2022 tax return, you may wonder what personal tax papers you can throw away and how long you should retain certain records.…
Have you recently reviewed your life insurance needs? | tax accountant in hunt valley md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Have you recently reviewed your life insurance needs?

Once upon a time, life insurance played a much larger part in an estate plan than it does now. Why? Families would use life insurance payouts…
Supreme Court: Overtime rules still apply to highly compensated employees | business consulting and accounting services in elkton | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Supreme Court: Overtime rules still apply to highly compensated employees

If you were told someone earns more than $200,000 annually, you might assume the person is a salaried employee who’s ineligible for overtime…
Two important tax deadlines are coming up — and they don’t involve filing your 2022 tax return | cpa in hunt valley md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Two important tax deadlines are coming up — and they don’t involve filing your 2022 tax return

April 18 is the deadline for filing your 2022 tax return. But a couple of other tax deadlines are coming up in April and they’re important…
To file or not to file a gift tax return, that is the question | accountant in cecil county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

To file or not to file a gift tax return, that is the question

If you made gifts last year you may be wondering if you need to file a gift tax return. The short answer: There are many situations when it’s…

Connect with Us

Use the form below to send us an email. WCS responds directly to all inquiries and general questions within 24 hours of posting.

This contact form is deactivated because you refused to accept Google reCaptcha service which is necessary to validate any messages sent by the form.