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PPP Loan Repayments May Begin Soon | Tax Accountants in Alexandria | Weyrich, Cronin & Sorra

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PPP Loan Repayments May Begin Soon

The Paycheck Protection Program has issued over $798 billion in loans since its inception in April 2020.  Presently, only about half of that…
UPDATE: Maryland Form 511 | Tax Accountants in Baltimore County | Weyrich, Cronin & Sorra

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UPDATE: Maryland Form 511

There has been an update to our previous news brief regarding the Maryland Form 511 . Comptroller Peter Franchot has announced Maryland Pass-Through…
Maryland Pass-Through Entities: Impact of MD Form 511 | Tax Accountants in Baltimore City | Weyrich, Cronin & Sorra

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Maryland Pass-Through Entities: Impact of MD Form 511

As a result of the Maryland Pass-Through Entity Tax legislation that was passed in 2020 (for more information please read more in our article…
bFile System Ready for RELIEF Act Sales & Use Tax Credit | CPA in Harford County | Weyrich, Cronin & Sorra

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bFile System Ready for RELIEF Act Sales & Use Tax Credit

Maryland Comptroller Peter Franchot announced on Tuesday, May 18th that the State’s bFile system is now available for qualified business owners…
Free Webinar: Getting a 360° Perspective on your Business | CPAs in Harford County | Weyrich, Cronin & Sorra

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Free Webinar: Getting a 360° Perspective on your Business

Join our very own GrowthWheel Certified Advisor - Joni Peebles, CPA as she hosts a FREE GrowthWheel webinar on key steps to growing your business…
American Rescue Plan: More Details on Tax Credits Available | Accountants in Cecil County | Weyrich, Cronin & Sorra

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American Rescue Plan: More Details on Tax Credits Available

The IRS and Treasury Department announced today further details of tax credits available under the American Rescue Plan. These credits aim to…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
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Do you know about the tax implications of renting your vacation home out for part of the year. part of the year? https://bit.ly/3TVWJmp

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"If you have a tax-favored retirement account, including a traditional IRA, you’ll become exposed to the federal income tax required minimum distribution (RMD) rules after reaching a certain age." https://bit.ly/4db6yG3