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Is your nonprofit properly insured? | tax accountats in Cecil County | Weyrich, Cronin & Sorra

Non-Profits

Is your nonprofit properly insured?

Insurance is a critical part of a nonprofit’s overall risk-management strategy. From protecting employees and volunteers to safeguarding facilities,…
Notebook illustrating a nonprofit fundraising strategy with financial planning concepts for sustainable fundraising success.

Non-Profits

Moving beyond feast-or-famine fundraising for your nonprofit

In the early days, many nonprofits rely on bursts of fundraising activity — short campaigns that bring in funds, followed by long, quiet stretches.…
Accountable plans: A smarter way for nonprofits to reimburse expenses | accountant in baltimore md | Weyrich, Cronin & Sorra

Non-Profits

Accountable plans: A smarter way for nonprofits to reimburse expenses

Accountable plans remain the most tax-efficient way for nonprofits to reimburse employee business expenses. When properly structured and implemented,…
How nonprofits can better engage members and encourage renewals | accountant in baltimore county md | Weyrich, Cronin & Sorra

Non-Profits

How nonprofits can better engage members and encourage renewals

These days, many people are evaluating recurring expenses and deciding which memberships deserve a place in their budgets. At the same time,…
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…
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…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
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Selling your home this summer? The sale could be tax-free, or it could create a sizable tax liability. Or it might result in a tax bill between those extremes. Learn more. https://bit.ly/4btm3cR

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The line between a hobby and a business isn’t always obvious — but it can have a major impact on your taxes. Learn what the IRS looks for and how to strengthen your position as a for-profit business. https://bit.ly/4fi3KK5