Tax Prep, Planning & Strategy Insights

Once you file your tax return, consider these 3 issues | tax preparation in alexandria va | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Once you file your tax return, consider these 3 issues

The tax filing deadline for 2021 tax returns is April 18 this year. After your 2021 tax return has been successfully filed with the IRS, there…
The tax rules of renting out a vacation property | accounting firm in alexandria va | WCS

Tax Prep, Planning & Strategy

The tax rules of renting out a vacation property

Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting it…
There still may be time to cut your tax bill with an IRA | tax accountant in washington dc | WCS CPA

Tax Prep, Planning & Strategy

There still may be time to cut your tax bill with an IRA

If you’re getting ready to file your 2021 tax return, and your tax bill is more than you’d like, there might still be a way to lower it.…
Married couples filing separate tax returns: Why would they do it? | tax accountants in washington dc | WCS

Tax Prep, Planning & Strategy

Married couples filing separate tax returns: Why would they do it?

If you’re married, you may wonder whether you should file joint or separate tax returns. The answer depends on your individual tax situation. In…
Did you give to charity in 2021? Make sure you have substantiation | accountant in washington dc | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Did you give to charity in 2021? Make sure you have substantiation

If you donated to charity last year, letters from the charities may have appeared in your mailbox recently acknowledging the donations. But what…
Entrepreneurs and taxes: How expenses are claimed on tax returns | tax preparation in cecil county md | WCS

Tax Prep, Planning & Strategy

Entrepreneurs and taxes: How expenses are claimed on tax returns

While some businesses have closed since the start of the COVID-19 crisis, many new ventures have launched. Entrepreneurs have cited a number…

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