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Working remotely is convenient, but it may have tax consequences - tax accountant in alexandria va - Weyrich, Cronin and Sorra

Tax Prep, Planning & Strategy

Working remotely is convenient, but it may have tax consequences

Many employees began working remotely during the pandemic and continue doing so today. Remote work has many advantages for employers and employees,…
Be aware of the tax consequences of selling business property - tax preparation in bel air md - weyrich, cronin and sorra

Tax Prep, Planning & Strategy

Be aware of the tax consequences of selling business property

If you’re selling property used in your trade or business, you should understand the tax implications. There are many complex rules that can…
Closing a business involves a number of tax responsibilities - tax accountant in baltimore county md - Weyrich, Cronin and Sorra

Tax Prep, Planning & Strategy

Closing a business involves a number of tax responsibilities

While many facets of the economy have improved this year, the rising cost of living and other economic factors have caused many businesses to…
If your business has co-owners, you probably need a buy-sell agreement - tax preparation in hunt valley md - weyrich, cronin and sorra

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If your business has co-owners, you probably need a buy-sell agreement

Are you buying a business that will have one or more co-owners? Or do you already own one fitting that description? If so, consider installing…
Certain charitable donations allow you to avoid taxable IRA withdrawals - Tax accountants in washington dc - weyrich, cronin and sorra

Tax Prep, Planning & Strategy

Certain charitable donations allow you to avoid taxable IRA withdrawals

If you’re a philanthropic individual who is also obligated to take required minimum distributions (RMDs) from a traditional IRA, you may want…

Tax Prep, Planning & Strategy

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wcscpas Weyrich Cronin Sorra @wcscpas ·
13 Feb

"New nonprofits must ask the IRS to recognize their tax-exempt status. But should you file Form 1023 or Form 1023-EZ, the easier, less expensive option? Here’s some information to help you decide." https://bit.ly/3PDkHBb

wcscpas Weyrich Cronin Sorra @wcscpas ·
11 Feb

"You may spend years building up your traditional IRA, but there is a time when you must start taking withdrawals. Here are answers to frequently asked questions about required minimum distributions." https://bit.ly/3C4uFbF