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Does your board understand the meaning of “fiduciary”? | cpa in hunt valley md | Weyrich, Cronin & Sorra

Non-Profits

Does your board understand the meaning of “fiduciary”?

“Fiduciary” is a term that gets thrown around a lot these days. But what does it really mean — and to whom should it apply? In general,…
A new year means new tax figures for individuals | estate planning cpa in harford county md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

A new year means new tax figures for individuals

Many tax figures are annually adjusted for inflation and typically increase each year (or at least every few years). For 2026, some additional…
Not all “business” expenses are tax deductible | business consulting services in harford county md | weyrich, cronin and sorra

Management Advisory Services & Business Consulting

Not all “business” expenses are tax deductible

Valuation professionals often use discounted cash flow (DCF) techniques to determine the value of a business or estimate economic losses. A critical…
Control expenses and improve efficiency by monitoring financial ratios | weyrich, cronin and sorra | accountant in cecil county md

Non-Profits

Control expenses and improve efficiency by monitoring financial ratios

In general, not-for-profits should work with professional financial advisors to ensure they’re complying with the IRS’s rules for tax-exempt…
New deduction for QPP can save significant taxes for manufacturers and similar businesses | business consulting and accounting services in bel air md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

New deduction for QPP can save significant taxes for manufacturers and similar businesses

The One Big Beautiful Bill Act (OBBBA) allows 100% first-year depreciation for nonresidential real estate that’s classified as qualified production…
2026 tax calendar | Tax Accountant in Elkton MD | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

2026 tax calendar

To help make sure you don’t miss any important 2026 deadlines, we’re providing this summary of when various tax-related forms, payments and…

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Hunt Valley Office

20 Wight Avenue
Suite 210
Hunt Valley, MD 21030
410.339.6464
Fax: 410.339.7272

Bel Air Office

139 North Main Street
Suite 201
Bel Air, MD 21014
410.838.2237
Fax: 410.893.9527

Elkton Office

116 West Main Street
Elkton, MD 21921
410.398.1961
Fax: 410.398.1157

Latest Tweets

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