Industries Insights

How to get the financing your nonprofit needs | accounting firm in hunt valley md | Weyrich, Cronin & Sorra

Non-Profits

How to get the financing your nonprofit needs

Relatively high interest rates and tight lending standards are making it difficult for even for-profit businesses to apply and qualify for bank…
Build a better nonprofit board with term limits | tax accountant in alexandria va | Weyrich, Cronin, & Sorra

Non-Profits

Build a better nonprofit board with term limits

Are your not-for-profit’s board members subject to term limits? If not, you might want to consider implementing what’s widely considered…
Do you have to return a donation when a donor requests it? | tax preparation in baltimore md | Weyrich, Cronin & Sorra

Non-Profits

Do you have to return a donation when a donor requests it?

If a donor has never asked your not-for-profit to return a gift, it may only be a matter of time. Although uncommon, donors can change their…
Trust and internal controls can coexist in your nonprofit | tax preparation in baltimore county md | Weyrich, Cronin & Sorra

Non-Profits

Trust and internal controls can coexist in your nonprofit

Within a period of just a month, a Minnesota woman was charged with skimming more than $300,000 from her animal rescue charity, a Florida man…
Make fundraising a year-round commitment | quickbooks consulting in baltimore md | Weyrich, Cronin & Sorra

Non-Profits

Make fundraising a year-round commitment

If your not-for-profit focuses all of its fundraising energy on the holiday season and end of the year, it’s not misguided. After all, 26%…
Cut taxes by reimbursing expenses with an accountable plan | quickbooks consultant in baltimore county md | Weyrich, Cronin & Sorra

Non-Profits

Cut taxes by reimbursing expenses with an accountable plan

If you’re looking for another way to attract and retain staffers that won’t bust your nonprofit’s budget, consider offering an accountable…

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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