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News

WCS Goes Axe Throwing!

Axe Throwing Outing WCS recently treated its employees to a day of Axe Throwing at Autobahn International Speedway in White Marsh. The crew…
Comptroller Franchot Extends Tax Relief in Wake of Tornadoes, Flash Floods | cpa in baltimore county | Weyrich, Cronin & Sorra

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Comptroller Franchot Extends Tax Relief in Wake of Tornadoes, Flash Floods

In the wake of the severe storms on Wednesday in several parts of Maryland, Comptroller Franchot has extended tax relief to businesses. The Comptroller's…
I95 Feature: Aligning Tax & Wealth Planning with Jeffrey Jacobson | Tax Accountants in Baltimore City | Weyrich, Cronin & Sorra

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I95 Feature: Aligning Tax & Wealth Planning with Jeffrey Jacobson

WCS Partner, Jeffrey Jacobson, CPA, Esq recently contributed to I95 Business magazine. "Aligning Tax and Wealth Planning" explores important…
IRS Issues ERC Guidance as Congress Mulls Early Termination | Business Consulting Services in Harford County | Weyrich, Cronin & Sorra

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IRS Issues ERC Guidance as Congress Mulls Early Termination

The IRS has published new guidance on the Employee Retention Credit (ERC). The credit was created in March 2020 to encourage employers to keep…
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…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
18 Apr

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

wcscpas Weyrich Cronin Sorra @wcscpas ·
16 Apr

"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