Industries Insights

Business Valuation

5 ways to withdraw cash from your corporation while avoiding dividend treatment

Do you want to withdraw cash from your closely held corporation at a low tax cost? The easiest way is to distribute cash as a dividend. However,…

Tax Prep, Planning & Strategy

The key to retirement security is picking the right plan for your business

If you’re a small business owner or you’re involved in a start-up, you may want to set up a tax-favored retirement plan for yourself and…

Accounting & Assurance

When nonprofits need to register in multiple states

Many not-for-profit organizations use fundraising methods that cross state boundaries. If your nonprofit is one of them, it may need to register…

Accounting & Assurance

Nonprofits can borrow, but finding a lender may be tough

Borrowing isn’t just for businesses. Many not-for-profits borrow money for major capital purchases, new program funding and even to manage…

Business Valuation

2020 tax calendar

To help you make sure you don’t miss any important 2020 deadlines, we’ve provided this summary of when various tax-related forms, payments…

Accounting & Assurance

A policy can help nonprofits look “gift horses” in the mouth

When you receive a personal gift from a friend or family member — even if it’s not something you particularly want — you accept the gift…

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Latest Tweets

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