Accounting & Assurance Insights

Tax Prep, Planning & Strategy

The TCJA changes some rules for deducting pass-through business losses

It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by tax law in some situations.…

Tax Prep, Planning & Strategy

If charitable giving is part of your estate plan, consider a donor-advised fund

Do you make sizable gifts to charitable causes? If you’re fortunate enough to afford it, you can realize personal gratification from your generosity…

Tax Prep, Planning & Strategy

4 ways to encourage innovation in customer service

When business people speak of innovation, the focus is usually on a pioneering product or state-of-the-art service that will “revolutionize…

Accounting & Assurance

Procurement procedures: Is your nonprofit really in compliance?

The relatively new federal procurement standards significantly alter the way not-for-profits receiving federal funding handle purchasing. And…

Tax Prep, Planning & Strategy

Can you deduct business travel when it’s combined with a vacation?

At this time of year, a summer vacation is on many people’s minds. If you travel for business, combining a business trip with a vacation to…

Accounting & Assurance

Certified Nonprofit Accounting Professional – CNAP

What is CNAP? Do you want to move up the ladder by building your financial skill set, are you new to your nonprofit financial position, or are…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
7 Jan

"How does your federal tax bill affect Medicare insurance premiums? How much will monthly Medicare premiums be in 2025? Here are the answers to those and other questions." https://bit.ly/4femneJ

wcscpas Weyrich Cronin Sorra @wcscpas ·
6 Jan

The ongoing saga of the beneficial ownership information reporting requirements isn’t over. A federal appeals court and the government now say that more than 30 million businesses no longer have to file reports in January 2025. https://bit.ly/3W9Ou89