Tax Prep, Planning & Strategy Insights

What you need to know about restricted stock awards and taxes | accountant in baltimore county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

What you need to know about restricted stock awards and taxes

Restricted stock awards are a popular way for companies to offer equity-oriented executive compensation. Some businesses offer them instead of…
11 Exceptions to the 10% penalty tax on early IRA withdrawals | accountant in baltimore md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

11 Exceptions to the 10% penalty tax on early IRA withdrawals

If you’re facing a serious cash shortfall, one possible solution is to take an early withdrawal from your traditional IRA. That means one before…
5 strategies to cut your company’s 2023 tax bill | accounting firm in hunt valley md | Weyrich, Cronin, & Sorra

Tax Prep, Planning & Strategy

5 strategies to cut your company’s 2023 tax bill

As another year ends with interest rates and markets in flux, one thing remains certain: Reducing your company’s tax bill can improve your…
The 2024 cost-of-living adjustment numbers have been released: How do they affect your year-end tax planning? | accounting firm in cecil county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

The 2024 cost-of-living adjustment numbers have been released: How do they affect your year-end tax planning?

The IRS recently issued its 2024 cost-of-living adjustments for more than 60 tax provisions. With inflation moderating slightly this year over…
Evaluate whether a Health Savings Account is beneficial to you | tax preparation in harford county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Evaluate whether a Health Savings Account is beneficial to you

With the escalating cost of health care, many people are looking for a more cost-effective way to pay for it. For eligible individuals, a Health…
The tax implications of renting out a vacation home | tax preparation in alexandria va | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

The tax implications of renting out a vacation home

Many Americans own a vacation home or aspire to purchase one. If you own a second home in a waterfront community, in the mountains or in a resort…

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