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Sometimes how much is in tax-deferred retirement accounts may be too much | cpa in howard county | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Sometimes how much is in tax-deferred retirement accounts may be too much

Contributing as much as possible to tax-deferred retirement accounts such as traditional 401(k)s and IRAs is a common recommendation. Contributions…
Nonprofit accounting services in Columbia | Weyrich, Cronin & Sorra

Non-Profits

Understanding the Difference Between a Nonprofit Audit, Review, and Compilation

Nonprofit organizations face constant pressure to maintain transparency, strengthen donor confidence, and comply with financial reporting requirements.…
Why Financial Forecasting Matters in Commercial Real Estate | real estate accounting services in Baltimore | Weyrich, Cronin & Sorra

Construction, Real Estate, CIRA

Why Financial Forecasting Matters in Commercial Real Estate

Commercial real estate companies face constant pressure to manage costs, maintain profitability, and prepare for market shifts. Strong financial…
Couple reviewing financial information on a tablet while planning for retirement with expert tax preparation in Baltimore County.

Tax Prep, Planning & Strategy

Will your Social Security benefits be taxable?

Last year, the new tax deduction for taxpayers 65 and older was sometimes referred to as “no tax on Social Security.” In actuality, this…
Directional signs for cash and accrual accounting methods, illustrating business tax planning in Baltimore with guidance from experienced tax professionals.

Management Advisory Services & Business Consulting

Selecting a tax accounting method for your small business

Small business owners must answer an important question: Should we use the cash or accrual accounting method for federal income tax purposes?…
Group of people holding a heart together, symbolizing collaborative charitable giving and nonprofit growth supported by audit services Howard County.

Non-Profits

Expand your nonprofit’s donor base with giving circles

Today’s donors increasingly want to play an active role in deciding where their charitable dollars go. That’s one reason giving circles —…

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Weyrich Cronin Sorra

@wcscpas ·
17 Sep

Does your business provide paid family and medical leave (PFML)? Or are you considering it? If so, you need to know about the expanded PFML tax credit for employers and recent IRS guidance clarifying the updated rules. https://bit.ly/4xziXfN

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Weyrich Cronin Sorra

@wcscpas ·
17 Sep

A compelling nonprofit annual report begins long before it’s published. See how to capture the stories and financial insights that matter most. https://bit.ly/4hGZIg2