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Preparing for a financial crisis? Build up operating reserves | cpa in alexandria va | Weyrich, Cronin & Sorra

Non-Profits

Preparing for a financial crisis? Build up operating reserves

You never know when your not-for-profit might experience a financial blow. With the current efforts in Washington to slash expenses, some nonprofits…
Many business tax limits have increased in 2025 | tax preparation in washington dc | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Many business tax limits have increased in 2025

A variety of tax-related limits that affect businesses are indexed annually based on inflation. Many have increased for 2025, but with inflation…
Maryland’s Proposed Business-to-Business Tax: A Direct Hit on Small Businesses | business consulting and accounting services in Baltimore county | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Maryland’s Proposed Business-to-Business Tax: A Direct Hit on Small Businesses

Maryland lawmakers are considering a 2.5% sales tax on business-to-business (B2B) services, which could significantly impact small businesses…
Taming the tax tangle if you’re retiring soon | tax accountants in alexandria | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Taming the tax tangle if you’re retiring soon

Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a long career. Yet the transition…
Lost and found: Regaining your nonprofit’s tax-exempt status | business consulting firms in dc | Weyrich, Cronin & Sorra

Non-Profits

Lost and found: Regaining your nonprofit’s tax-exempt status

The IRS regularly revokes the tax-exempt status of not-for-profits — mostly for failing to file annual information returns. Losing your exempt…
The tax treatment of intangible assets | tax preparation in baltimore md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

The tax treatment of intangible assets

Intangible assets, such as patents, trademarks, copyrights and goodwill, play a crucial role in today’s businesses. The tax treatment of these…

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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