Industries Insights

Tips to help prevent accounting and tax errors | quickbooks consulting in washington dc | Weyrich, Cronin & Sorra

Non-Profits

Tips to help prevent accounting and tax errors

Although failing to file a Form 990 with the IRS when required to do so is probably a more serious mistake, filing it with data errors isn’t…
A financial dashboard can take your nonprofit where it wants to go | quickbooks consulting in bel air md | Weyrich, Cronin & Sorra

Non-Profits

A financial dashboard can take your nonprofit where it wants to go

Does your board have a quick and easy way to assess your not-for-profit’s financial performance? It does if it has a dashboard with carefully…
The audit is over. Now what? | cpa in washington dc | Weyrich, Cronin & Sorra

Non-Profits

The audit is over. Now what?

Whew! That’s probably your reaction when outside experts announce that their audit of your not-for-profit is complete. But even if auditors…
Why your nonprofit might want to compensate board members | tax preparation in alexandria va | Weyrich, Cronin & Sorra

Non-Profits

Why your nonprofit might want to compensate board members

Because most not-for-profit board members serve voluntarily, you may not have known compensating them was an option. But depending on the type…
Lost your tax-exempt status? Here’s how to regain it | cpa in alexandria va | Weyrich, Cronin & Sorra

Non-Profits

Lost your tax-exempt status? Here’s how to regain it

So you forgot to file your not-for-profit’s Form 990, 990-EZ or 990-N with the IRS. It can happen — particularly with newer organizations…
What revenue numbers can reveal about your nonprofit’s financial health | accounting firm in baltimore county md | Weyrich, Cronin & Sorra

Non-Profits

What revenue numbers can reveal about your nonprofit’s financial health

When professional auditors review a not-for-profit’s books, they usually spend significant time on revenue. Inadequate revenue — or revenue…

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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