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Changes to charitable donation deductions are on the horizon | weyrich, cronin and sorra | tax accountant in elkton md

Tax Prep, Planning & Strategy

Changes to charitable donation deductions are on the horizon

Beginning in 2026, individuals who itemize deductions and donate to charity will face a new limit on their charitable deductions. And in some…
Year-end tax planning for accrual-basis taxpayers | tax accountants in cecil county | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Year-end tax planning for accrual-basis taxpayers

Projecting your business’s income for this year and next can allow you to time income and deductible expenses to your tax advantage. It’s…
Fundraisers should be fun, but they also must be profitable | CPA in Harford County MD | Weyrich, Cronin & Sorra

Non-Profits

Fundraisers should be fun, but they also must be profitable

If you’re planning a major fundraiser such as a dinner gala, you may be focused on the fun factors — for example, the venue, menu and entertainment.…
Is an HDHP plus an HSA a financially smart health care option for you? | accounting firm in elkton md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Is an HDHP plus an HSA a financially smart health care option for you?

Health care costs continue to increase. Pairing a high-deductible health plan (HDHP) with a Health Savings Account (HSA) can help. Insurance…
What you need to know about deducting business gifts | CPA in Cecil County MD | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

What you need to know about deducting business gifts

Thoughtful business gifts are a great way to show appreciation to customers and employees. They can also deliver tax benefits when handled correctly.…
New tech safeguards for new tech risks | cpa in hunt valley md | Weyrich, Cronin & Sorra

Non-Profits

New tech safeguards for new tech risks

Technology seems to change at the speed of light. Even a few years ago, many people had never heard of AI! Now, most not-for-profits are exploring…

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410.339.6464
Fax: 410.339.7272

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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 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