Industries Insights

Building a better nonprofit: Rules for restructuring | accounting firms in baltimore | Weyrich, Cronin & Sorra

Non-Profits

Building a better nonprofit: Rules for restructuring

There are many reasons why a 501(c) tax-exempt organization might consider restructuring. For example, a financially struggling nonprofit might…
Board committees can help members make time for critical work | business consulting and accounting services in harford county | Weyrich, Cronin & Sorra

Non-Profits

Board committees can help members make time for critical work

For many not-for-profit organizations, maintaining a full and active board of directors is challenging. If your board holds frequent meetings,…
Making the most of your nonprofit’s social media accounts | business consulting services in baltimore md | Weyrich, Cronin & Sorra

Non-Profits

Making the most of your nonprofit’s social media accounts

When’s the last time you evaluated your not-for-profit’s social media strategy? Are you using the right platforms in the most effective way,…
Encouraging charitable donors to include you in their estate plans | quickbooks consultant in washington dc | Weyrich, Cronin, & Sorra

Non-Profits

Encouraging charitable donors to include you in their estate plans

Even if current donations are your not-for-profit’s bread and butter, you can’t afford to neglect planned, legacy or deferred gifts. These…
6 ways nonprofit retirement plans are changing | quickbooks consultant in alexandria va | Weyrich, Cronin & Sorra

Non-Profits

6 ways nonprofit retirement plans are changing

Some provisions of 2022’s SECURE Act 2.0 (a follow-up to the SECURE Act of 2019) have been in force for over a year — including several…
Why uncertainty calls for a more flexible budget | accounting firm in harford county md | Weyrich, Cronin & Sorra

Non-Profits

Why uncertainty calls for a more flexible budget

Economic, social and political events in 2024 have the potential to negatively influence your not-for-profit’s budget. So if you generally…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
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"The qualified business income (QBI) deduction is available to eligible businesses through 2025. After that, it’s scheduled to disappear." https://bit.ly/3JhDEpM

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"But if you segment responsibilities into committees, you can help ease the burden on board members — and retain them longer. Committee work has other benefits as well." https://bit.ly/4421fUR