Industries Insights

How to get the attention of high-net-worth philanthropists | tax preparation in baltimore md | Weyrich, Cronin & Sorra

Non-Profits

How to get the attention of high-net-worth philanthropists

Even if your not-for-profit’s fundraising results have been lackluster recently, one high-net-worth donor can turn your year around and make…
Commit to continually improve your nonprofit’s accounting processes | tax preparation in harford county md | Weyrich, Cronin & Sorra

Non-Profits

Commit to continually improve your nonprofit’s accounting processes

Do your not-for-profit’s accounting processes work perfectly — with no errors, delays or other inefficiencies? If yours is like most organizations,…
Are your nonprofit’s interim and year-end financial statements at odds? | accounting firm in elkton md | Weyrich, Cronin & Sorra

Non-Profits

Are your nonprofit’s interim and year-end financial statements at odds?

Using the cash basis of accounting may make sense for your not-for-profit organization — at least at this stage. Many smaller nonprofits use…
Should you reassess your nonprofit’s office space? | cpa in cecil county md | Weyrich, Cronin & Sorra

Non-Profits

Should you reassess your nonprofit’s office space?

Since the original COVID-19 lockdowns, many not-for-profits have allowed their staffers to work from home — or work a hybrid schedule that…
Nonprofits and insurance: Getting it just right | accounting firm in cecil county md | Weyrich, Cronin & Sorra

Non-Profits

Nonprofits and insurance: Getting it just right

Whether you’re starting up a not-for-profit organization or your nonprofit has existed for years, you may have questions about insurance. For…
Your nonprofit probably won’t be audited by the IRS, but if it is … | tax preparation in baltimore md | Weyrich, Cronin & Sorra

Non-Profits

Your nonprofit probably won’t be audited by the IRS, but if it is …

Despite recent accusations that the IRS targets certain types of tax-exempt organizations for audit, not-for-profit audits generally are rare.…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
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Guaranteeing a loan to your corporation? Without planning ahead, you may face unexpected tax implications. https://bit.ly/48yE2O4

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Valuing tangible property donations to your nonprofit isn’t only important for donors’ charitable tax deductions. It’s also critical for the accuracy of your financial statements. Here’s how to get it right. https://bit.ly/4oi3mN3