Non-Profits Insights

Crowdfunding can be easy, but the tax implications may not be | accounting firm in baltimore md | Weyrich, Cronin & Sorra

Non-Profits

Crowdfunding can be easy, but the tax implications may not be

Does your not-for-profit use crowdfunding platforms — such as Kickstarter, GoFundMe and Indiegogo — to raise money? Many nonprofits have…
Promoting good governance with a board policy | tax preparation in baltimore county md | Weyrich, Cronin & Sorra

Non-Profits

Promoting good governance with a board policy

Your nonprofit’s board of directors should enjoy the role, the opportunity to support a cause close to their hearts and the camaraderie of…
Mine your nonprofit’s audit report for good suggestions | tax preparation in harford county md | Weyrich, Cronin & Sorra

Non-Profits

Mine your nonprofit’s audit report for good suggestions

Only some not-for-profit organizations are required to conduct independent annual audits. For example, the federal government and many states…
Should your nonprofit outsource to an AMC? | business consulting and accounting services in elkton | weyrich, cronin and sorra

Non-Profits

Should your nonprofit outsource to an AMC?

If you’re like most nonprofit leaders, you want to dedicate your time to mission-critical work. But if you run a relatively new nonprofit with…
“Privacy, please” when your nonprofit stores sensitive data | accounting firms in baltimore | Weyrich, Cronin & Sorra

Non-Profits

“Privacy, please” when your nonprofit stores sensitive data

How well does your nonprofit protect the privacy of donors, staffers, clients and volunteers? It’s an important question because failure to…
7 ways to cut nonprofit costs rather than staffers | accounting firm in elkton md | Weyrich, Cronin & Sorra

Non-Profits

7 ways to cut nonprofit costs rather than staffers

It wasn’t long ago that the not-for-profit sector was struggling to find enough staffers to hire. Now that many organizations are losing federal…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
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As a C corporation or S corporation business owner, setting your own salary can be tricky. If it’s too high or too low, the IRS may step in. Here’s how to help ensure your compensation is considered reasonable, which helps keep your tax deductions intact. https://bit.ly/43n6jTT

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