Tax Prep, Planning & Strategy Insights

Get ready for the 2023 gift tax return deadline | accountant in baltimore md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Get ready for the 2023 gift tax return deadline

Did you make large gifts to your children, grandchildren or others last year? If so, it’s important to determine if you’re required to file…
If you didn’t contribute to an IRA last year, there’s still time | tax preparation in hunt valley md | Weyrich, Cronin, & Sorra

Tax Prep, Planning & Strategy

If you didn’t contribute to an IRA last year, there’s still time

If you’re gathering documents to file your 2023 tax return and you’re concerned that your tax bill may be higher than you’d like, there…
If you gave to charity in 2023, check to see that you have substantiation | accounting firm in baltimore md | Weyrich, Cronin, & Sorra

Tax Prep, Planning & Strategy

If you gave to charity in 2023, check to see that you have substantiation

Did you donate to charity last year? Acknowledgment letters from the charities you gave to may have already shown up in your mailbox. But if…
New option for unused funds in a 529 college savings plan | cpa in baltimore md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

New option for unused funds in a 529 college savings plan

With the high cost of college, many parents begin saving with 529 plans when their children are babies. Contributions to these plans aren’t…
Answers to your tax season questions | tax accountant in harford county md | Weyrich, Cronin, and Sorra

Tax Prep, Planning & Strategy

Answers to your tax season questions

The IRS announced it will open the 2024 income tax return filing season on January 29. That’s when the tax agency will begin accepting and…
IRAs: Build a tax-favored retirement nest egg | tax accountant in elkton md | Weyrich, Cronin, and Sorra

Tax Prep, Planning & Strategy

IRAs: Build a tax-favored retirement nest egg

Although traditional IRAs and Roth IRAs have been around for decades, the rules involved have changed many times. The Secure 2.0 law, which was…

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