Non-Profits Insights

Put qualified charitable distributions to work for your nonprofit | Weyrich, Cronin & Sorra | cpa in washington dc

Non-Profits

Put qualified charitable distributions to work for your nonprofit

Individuals with traditional IRAs generally are mandated to start taking required minimum distributions (RMDs) after they reach age 73. However,…
Automate that! How AI and other software can help improve efficiency | accounting firm in harford county md | Weyrich, Cronin & Sorra

Non-Profits

Automate that! How AI and other software can help improve efficiency

Not-for-profits often work with limited resources, making efficient operations critical. Artificial intelligence (AI) and other forms of automating…
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…

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Latest Tweets

wcscpas Weyrich Cronin Sorra @wcscpas ·
3 Jul

It’s a win-win: tax benefits for donors and financial support for your nonprofit. Learn why you need to talk to potential contributors about qualified charitable distributions. https://bit.ly/44bpz7h

wcscpas Weyrich Cronin Sorra @wcscpas ·
1 Jul

Curious how The One, Big, Beautiful Bill could affect taxes for you and your family? Here are seven key tax breaks in the bill and what they could mean for you. https://bit.ly/4lp3Xvf