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Home is where the tax breaks might be | tax services | WCS | Baltimore, MD

Tax Prep, Planning & Strategy

Home is where the tax breaks might be

If you own a home, the interest you pay on your home mortgage may provide a tax break. However, many people believe that any interest paid on…
Small business owners still have time to set up a SEP plan for last year | small business accounting | WCS | Baltimore, MD

Tax Prep, Planning & Strategy

Small business owners still have time to set up a SEP plan for last year

Do you own a business but haven’t gotten around to setting up a tax-advantaged retirement plan? Fortunately, it’s not too late to establish…
Clearing the cobwebs from your nonprofit’s program offerings | tax consultant | WCS | Baltimore, MD

Accounting & Assurance

Clearing the cobwebs from your nonprofit’s program offerings

It’s all too easy to let not-for-profit programs that have outlived their effectiveness to continue, even as they consume budget resources.…
Your home office expenses may be tax deductible | Tax Planning | WCS | Baltimore, MD

Tax Prep, Planning & Strategy

Your home office expenses may be tax deductible

Technology has made it easier to work from home so lots of people now commute each morning to an office down the hall. However, just because…
Executing your nonprofit’s capital campaign | consulting firms | WCS | Baltimore, MD

Accounting & Assurance

Executing your nonprofit’s capital campaign

Nonprofit capital campaigns aim to raise a specific — usually, a significant — amount of money over a limited time period. Your not-for-profit…

Tax Prep, Planning & Strategy

Tax credits may help with the high cost of raising children

If you’re a parent, or if you’re planning on having children, you know that it’s expensive to pay for their food, clothes, activities and…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
13 Feb

"New nonprofits must ask the IRS to recognize their tax-exempt status. But should you file Form 1023 or Form 1023-EZ, the easier, less expensive option? Here’s some information to help you decide." https://bit.ly/3PDkHBb

wcscpas Weyrich Cronin Sorra @wcscpas ·
11 Feb

"You may spend years building up your traditional IRA, but there is a time when you must start taking withdrawals. Here are answers to frequently asked questions about required minimum distributions." https://bit.ly/3C4uFbF