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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…
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.…

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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

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wcscpas Weyrich Cronin Sorra @wcscpas ·
14 Apr

There’s much to consider before deciding whether to use the actual expense method or cents-per-mile method to deduct expenses for a vehicle your business placed in service in 2025. https://bit.ly/4lM3S66

wcscpas Weyrich Cronin Sorra @wcscpas ·
9 Apr

The rules for interest expense deductions for individual taxpayers are complex. Find out what you might be able to deduct on your 2025 income tax return. https://bit.ly/4t4zh6j