Industries Insights

The amount you and your employees can save for retirement is going up slightly in 2025 | tax accountants in washington dc | Weyrich, Cronin & Sorra

Employee Benefit Plan Audits

The amount you and your employees can save for retirement is going up slightly in 2025

How much can you and your employees contribute to your 401(k)s or other retirement plans next year? In Notice 2024-80, the IRS recently announced…
Giving season’s here! It’s time to engage donors | accounting firms in baltimore | Weyrich, Cronin & Sorra

Non-Profits

Giving season’s here! It’s time to engage donors

The end of 2024 is rapidly approaching, and you know what that means: You need to fundraise in earnest. According to Double the Donation, 30%…
Don’t let fraudsters ruin the most wonderful time of the year | business consulting services in baltimore county md | Weyrich, Cronin & Sorra

Non-Profits

Don’t let fraudsters ruin the most wonderful time of the year

The hubbub of the year-end giving season, combined with holiday absences, can make your not-for-profit vulnerable to fraud. You’ll need to…
Fundamental differences between nonprofit and for-profit accounting | Quickbooks consulting in bel air md | Weyrich, Cronin & Sorra

Non-Profits

Fundamental differences between nonprofit and for-profit accounting

You may know the difference between nonprofit and for-profit accounting systems, but do your newest employees and board members? Not-for-profits…
Welcome charitable pledges — and account for them properly | CPA in cecil county md | Weyrich, Cronin & Sorra

Non-Profits

Welcome charitable pledges — and account for them properly

The difference between financial pledges and donations is relatively simple: Pledges are promises to donate sometime in the future, and donations…
When your nonprofit’s debt-financed income is subject to tax | Tax accountant in baltimore MD | weyrich, cronin and sorra

Non-Profits

When your nonprofit’s debt-financed income is subject to tax

If your nonprofit has investment income, dividends, interest, rents and annuities, they’re generally excluded when calculating unrelated business…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
5 Dec

"If you’re feeling generous as we head toward the holidays, you may want to give cash gifts to your loved ones. You may also want to steer clear of gift tax implications." https://bit.ly/4ex2oaX

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