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How inflation will affect your 2024 and 2025 tax bills | tax accountants in baltimore city | weyrich, cronin and sorra

Tax Prep, Planning & Strategy

How inflation will affect your 2024 and 2025 tax bills

Inflation can have a significant impact on federal tax breaks. While recent inflation has come down since its peak in 2022, some tax amounts…
Self-employment tax: A refresher on how it works | business consulting services in cecil county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Self-employment tax: A refresher on how it works

If you own a growing, unincorporated small business, you may be concerned about high self-employment (SE) tax bills. The SE tax is how Social…
What nonprofits might expect from the change of control in Washington | business consulting and accounting services in harford county | weyrich, cronin and sorra

Non-Profits

What nonprofits might expect from the change of control in Washington

The reelection of Donald Trump as President and control of the U.S. Congress by Republicans are anticipated to usher in changes that could financially…
Your guide to Medicare premiums and taxes | tax preparation in bel air md | weyrich, cronin and sorra

Tax Prep, Planning & Strategy

Your guide to Medicare premiums and taxes

Medicare health insurance premiums can add up to big bucks — especially if you’re upper-income, married, and you and your spouse both pay…
Another court ruling on BOI reporting: Requirements are halted again | tax preparation in bel air md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Another court ruling on BOI reporting: Requirements are halted again

In a surprising turn of events, a federal appeals court has issued another ruling that suspends a requirement for businesses to file reports…
Advantages of keeping your business separate from its real estate | cpa in elkton md | Weyrich, Cronin & Sorra

Accounting & Assurance

Advantages of keeping your business separate from its real estate

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering…

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Fax: 410.339.7272

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Latest Tweets

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