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Should your nonprofit adopt (or revise) term limits for board members? | accountant in bel air md | Weyrich, Cronin & Sorra

Non-Profits

Should your nonprofit adopt (or revise) term limits for board members?

Board composition plays a critical role in a nonprofit’s governance, financial oversight and long-term sustainability. One question many organizations…
Debt vs. equity: Classification counts when shareholders put money into their corporations | tax preparation in bel air md | weyrich, cronin and sorra

Management Advisory Services & Business Consulting

Debt vs. equity: Classification counts when shareholders put money into their corporations

If you operate your business as a C corporation, how you put money into your company — and how you take it back out — can have a major impact…
Build a more resilient nonprofit with revenue diversification | accounting firm in bel air md | weyrich, cronin and sorra

Non-Profits

Build a more resilient nonprofit with revenue diversification

When external conditions change — whether due to economic shifts, policy adjustments or evolving donor priorities — nonprofits that depend…
Individual tax calendar: Key deadlines for the remainder of 2026 | accountant in hunt valley md | weyrich, cronin and sorra

Tax Prep, Planning & Strategy

Individual tax calendar: Key deadlines for the remainder of 2026

Yes, the April 15 tax deadline is now behind us. But there are also deadlines during the rest of the year that are important to be aware of.…
Material participation: Why it matters for LLP and LLC owners | accountant in washington dc | weyrich, cronin and sorra

Tax Prep, Planning & Strategy

Material participation: Why it matters for LLP and LLC owners

The passive activity loss (PAL) rules may limit your ability to deduct losses from a business structured as a limited liability partnership (LLP)…
How to respond to suspected fraud within your nonprofit | accounting firms in baltimore | weyrich, cronin and sorra

Non-Profits

How to respond to suspected fraud within your nonprofit

Nonprofits are built on trust — from donors, grantors and the communities they serve. When concerns about possible fraud by an employee arise,…

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