Non-Profits Insights

Thinking ahead to your next Form 990 - Accountant in Baltimore MD - Weyrich, Cronin & Sorra

Non-Profits

Thinking ahead to your next Form 990

The deadline for most not-for-profits to file Form 990 with the IRS (May 15, 2024) has come and gone. Assuming your organization operates on…
Nonprofits: Act thoroughly on audit findings - cpa in washington dc - weyrich, cronin and sorra

Non-Profits

Nonprofits: Act thoroughly on audit findings

External audits can help assure your not-for-profit’s stakeholders that your financial statements are fairly presented according to U.S. Generally…
Disaster relief charities: Know the rules before providing aid - tax accountants in Washington DC - weyrich, cronin and sorra

Non-Profits

Disaster relief charities: Know the rules before providing aid

The United States is entering the most natural-disaster-prone time of the year. Tornadoes are most likely to occur in May, and the Atlantic hurricane…
Nonprofits don’t lose as much to fraud, but risk requires action - accounting firm in bel air md - weyrich, cronin, and sorra

Non-Profits

Nonprofits don’t lose as much to fraud, but risk requires action

According to the Association of Certified Fraud Examiners’ (ACFE’s) Occupational Fraud 2024: A Report to the Nations, not-for-profits suffer…
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,…

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wcscpas Weyrich Cronin Sorra @wcscpas ·
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"How does your federal tax bill affect Medicare insurance premiums? How much will monthly Medicare premiums be in 2025? Here are the answers to those and other questions." https://bit.ly/4femneJ

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The ongoing saga of the beneficial ownership information reporting requirements isn’t over. A federal appeals court and the government now say that more than 30 million businesses no longer have to file reports in January 2025. https://bit.ly/3W9Ou89