2023 Non-Profits Insights

Help donors help your nonprofit with a planned gift | tax accountants in baltimore city | Weyrich, Cronin & Sorra

Non-Profits

Help donors help your nonprofit with a planned gift

Most established not-for-profits are already equipped to solicit and accept planned gifts. But if your nonprofit is new to planned giving and…
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%…

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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 ·
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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