Management Advisory Services & Business Consulting Insights

Tighten up billing and collections to mitigate economic uncertainties | business consulting services in bel air md | Weyrich Cronin & Sorra

Management Advisory Services & Business Consulting

Tighten up billing and collections to mitigate economic uncertainties

While many economic indicators remain strong, the U.S. economy is still giving business owners plenty to think about. The nation’s gross domestic…
The tax mechanics involved in the sale of trade or business property | accountant in baltimore md | Weyrich Cronin & Sorra

Management Advisory Services & Business Consulting

The tax mechanics involved in the sale or trade of business property

There are many rules that can potentially apply to the sale of business property. Thus, to simplify discussion, let’s assume that the property…
Tax considerations when adding a new partner at your business | business consulting and accounting services in bel air md | Weyrich Cronin & Sorra

Management Advisory Services & Business Consulting

Tax considerations when adding a new partner at your business

Adding a new partner in a partnership has several financial and legal implications. Let’s say you and your partners are planning to admit a…
Undertaking a pay equity audit at your business | business consulting services in baltimore county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Undertaking a pay equity audit at your business

Pay equity is both required by law and a sound business practice. However, providing equitable compensation to employees who perform the same…
Eyes on related parties | business consulting firms in dc | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Eyes on related parties

Business transactions with related parties — such as friends, relatives, parent companies, subsidiaries and affiliated entities — may sometimes…
Classify your nonprofit’s workers correctly — or risk repercussions | quickbooks consulting in alexandria va | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Classify your nonprofit’s workers correctly — or risk repercussions

Many not-for-profits are understaffed in 2022, thanks to a labor shortage and pandemic-related budget shortfalls. Some organizations are filling…

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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

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"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