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Understanding the “step-up in basis” when inheriting assets | tax accountant in bel air md | Weyrich, Cronin & Sorra

Estate & Wealth Transfer Planning

Understanding the “step-up in basis” when inheriting assets

If you inherit assets after a loved one passes away, they often arrive with a valuable — but frequently misunderstood — tax benefit called…
Promoting good governance with a board policy | tax preparation in baltimore county md | Weyrich, Cronin & Sorra

Non-Profits

Promoting good governance with a board policy

Your nonprofit’s board of directors should enjoy the role, the opportunity to support a cause close to their hearts and the camaraderie of…
What tax documents can you safely shred? And which ones should you keep? | CPA in Alexandria VA | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

What tax documents can you safely shred? And which ones should you keep?

Once your 2024 tax return is in the hands of the IRS, you may be tempted to clear out file cabinets and delete digital folders. But before reaching…
Mine your nonprofit’s audit report for good suggestions | tax preparation in harford county md | Weyrich, Cronin & Sorra

Non-Profits

Mine your nonprofit’s audit report for good suggestions

Only some not-for-profit organizations are required to conduct independent annual audits. For example, the federal government and many states…
Explore SEP and SIMPLE retirement plans for your small business | Quickbooks Consulting in Washington DC | Weyrich, Cronin & Sorra

Services

Explore SEP and SIMPLE retirement plans for your small business

Suppose you’re thinking about setting up a retirement plan for yourself and your employees. However, you’re concerned about the financial…
Discover if you qualify for “head of household” tax filing status | cpa in harford county md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Discover if you qualify for “head of household” tax filing status

When we prepare your tax return, we’ll check one of the following filing statuses: single, married filing jointly, married filing separately,…

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