Estate & Wealth Transfer Planning Insights

Tax Prep, Planning & Strategy

Businesses can utilize the same information IRS auditors use to examine tax returns

The IRS uses Audit Techniques Guides (ATGs) to help IRS examiners get ready for audits. Your business can use the same guides to gain insight…

Accounting & Assurance

Should you revise your nonprofit’s bylaws?

Your not-for-profit has likely grown and evolved since it was founded. Have your bylaws kept pace? Bylaws are the rules and principles that define…

Tax Prep, Planning & Strategy

IRS issues final QBI real estate safe harbor rules

Earlier this year, the IRS published a proposed safe harbor giving owners of certain rental real estate interests the opportunity to take advantage…

Tax Prep, Planning & Strategy

Raising Financially Responsible Kids

If you help your kids understand money when they’re young, they’re more likely to develop sound financial habits that pay off when they’re…

Tax Prep, Planning & Strategy

Family businesses need succession plans, too

Those who run family-owned businesses often underestimate the need for a succession plan. After all, they say, we’re a family business —…

Accounting & Assurance

Making your nonprofit’s special event profitable

As in the for-profit world, sometimes not-for-profits need to spend money to make money. This is particularly true when it comes to fundraisers.…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
26 Dec

"A solo 401(k) plan is a powerful retirement savings tool if you run a one-person small business. Here’s how you can help save for a golden future and reap tax advantages." https://bit.ly/48Ot5q2

wcscpas Weyrich Cronin Sorra @wcscpas ·
24 Dec

"Changes are coming to the Social Security system in 2025 in the form of a higher wage base. Next year’s threshold amount was recently announced by the Social Security Administration. Here’s the amount, along with what it means for your business." https://bit.ly/40GSO1Q