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When medical expenses are — and aren’t — tax deductible | tax accountants in cecil county | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

When medical expenses are — and aren’t — tax deductible

If you had significant medical expenses last year, you may be wondering what you can deduct on your 2025 income tax return. Income-based thresholds…
Tax filing update for pass-through entities | tax preparation in harford county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Tax filing update for pass-through entities

Do you operate a business as a partnership, a limited liability company (LLC) treated as a partnership for tax purposes or an S corporation?…
Internal red flags that may indicate shaky nonprofit health | accounting firm in bel air md | Weyrich, Cronin & Sorra

Non-Profits

Internal red flags that may indicate shaky nonprofit health

With cost-of-living concerns, interest rates and federal funding cuts continuing to be prominent in the headlines, many nonprofit leaders are…
Before claiming a charitable deduction for 2025, make sure you can substantiate it | cpa in cecil county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Before claiming a charitable deduction for 2025, make sure you can substantiate it

If you itemize deductions on your 2025 individual income tax return, you potentially can deduct donations to qualified charities you made last…
Tax filing FAQs for individuals | accounting firm in elkton md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Tax filing FAQs for individuals

The IRS is opening the filing season for 2025 individual income tax returns on January 26. This is about the same time as when the agency began…
Important 2026 tax figures for businesses | business consulting services bel air md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Important 2026 tax figures for businesses

A new year brings many new tax-related figures for businesses. Here’s an overview of key figures for 2026. Be aware that exceptions or additional…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
26 Feb

A SEP retirement plan is easy to establish and a powerful retroactive tax planning tool for business owners and the self-employed. https://bit.ly/3ZFCFI0

wcscpas Weyrich Cronin Sorra @wcscpas ·
24 Feb

Now is a good time to review your medical expenses for 2025 and see if you had enough so you can claim the medical expense deduction. But first you need to know what’s potentially deductible. https://bit.ly/4qJm4ix