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4 Ways to Refine your Cash Flow Forecasting | accountant in baltimore county md | WCS

Management Advisory Services & Business Consulting

4 Ways to Refine your Cash Flow Forecasting

Run a business for any length of time and the importance of cash flow becomes abundantly clear. When payroll is due, bills are piling up and…
Nonprofit Restructuring has Become Easier, but Not Without Challenges | CPA in Baltimore County MD | Weyrich, Cronin & Sorra

Non-Profits

Nonprofit Restructuring has Become Easier, but Not Without Challenges

A few years ago, IRS Revenue Procedure 2018-15 changed the rules regarding not-for-profit restructuring. If you’ve participated in a restructuring…
Associations Should Prioritize Common Interests, Not Individual Services | Tax Accountants in Baltimore City | Weyrich, Cronin & Sorra

Non-Profits

Associations Should Prioritize Common Interests, Not Individual Services

Watch out, nonprofit trade associations! If your group is a 501(c)(6) organization, your activities could potentially threaten your tax-exempt…
Is a Health Savings Account Right for You? | accountants in DC | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Is a Health Savings Account Right for You?

Given the escalating cost of health care, there may be a more cost-effective way to pay for it. For eligible individuals, a Health Savings Account…
Even Nonprofits can Benefit from AI Technology | cpa in harford county | Weyrich, Cronin & Sorra

Non-Profits

Even Nonprofits can Benefit from AI Technology

You might think that artificial intelligence (AI) is just about using computers to perform complex tasks that otherwise would require human intelligence.…
Think like a Lender before Applying for a Business Loan | tax preparation in harford county | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Think like a Lender before Applying for a Business Loan

Commercial loans, particularly small business loans, have been in the news over the past year or so. The federal government’s Paycheck Protection…

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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