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How the U.S. election changes the outlook for taxes | Accounting Firm in Baltimore MD | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

How the U.S. election changes the outlook for taxes

The outcome of the November 5 election is likely to significantly impact taxes. Many provisions in President-elect Donald Trump’s signature…
Help ensure your partnership or LLC complies with tax law | Business consulting and accounting services in baltimore md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Help ensure your partnership or LLC complies with tax law

When drafting partnership and LLC operating agreements, various tax issues must be addressed. This is also true of multi-member LLCs that are…
How much can you contribute to your retirement plan in 2025? The IRS just revealed the answer | tax accountant in alexandria va | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

How much can you contribute to your retirement plan in 2025? The IRS just revealed the answer

The IRS has issued its 2025 inflation-adjusted contribution amounts for retirement plans in Notice 2024-80. Many retirement-plan-related limits…
When your nonprofit’s debt-financed income is subject to tax | Tax accountant in baltimore MD | weyrich, cronin and sorra

Non-Profits

When your nonprofit’s debt-financed income is subject to tax

If your nonprofit has investment income, dividends, interest, rents and annuities, they’re generally excluded when calculating unrelated business…
6 tax-free income opportunities - Tax Accountants in Cecil County - Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

6 tax-free income opportunities

Believe it or not, there are ways to collect tax-free income and gains. Here are some of the best opportunities to put money in your pocket without…
Understanding your obligations: Does your business need to report employee health coverage? - Accounting firms in baltimore - Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Understanding your obligations: Does your business need to report employee health coverage?

Employee health coverage is a significant part of many companies’ benefits packages. However, the administrative responsibilities that accompany…

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Hunt Valley Office

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

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

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Elkton, MD 21921
410.398.1961
Fax: 410.398.1157

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wcscpas Weyrich Cronin Sorra @wcscpas ·
26 Dec

"A solo 401(k) plan is a powerful retirement savings tool if you run a one-person small business. Here’s how you can help save for a golden future and reap tax advantages." https://bit.ly/48Ot5q2

wcscpas Weyrich Cronin Sorra @wcscpas ·
24 Dec

"Changes are coming to the Social Security system in 2025 in the form of a higher wage base. Next year’s threshold amount was recently announced by the Social Security Administration. Here’s the amount, along with what it means for your business." https://bit.ly/40GSO1Q