Non-Profits Insights

Putting a value on tangible property donations | accountant in Hunt Valley MD | Weyrich, Cronin & Sorra

Non-Profits

Putting a value on tangible property donations

If a donor suddenly offered your not-for-profit a residential property, antique jewelry or inventory from a business, would you know how to value…
Make recruiting volunteers a community affair | tax preparation in cecil county md | Weyrich, Cronin & Sorra

Non-Profits

Make recruiting volunteers a community affair

For many people, autumn is a time to start fresh. Kids are back in school and adults may have more time to pursue new hobbies and interests before…
The right board for your nonprofit | tax accountant in alexandria va | Weyrich, Cronin & Sorra

Non-Profits

The right board for your nonprofit

Is your nonprofit new and building its governance infrastructure from scratch? Or is it established but looking for ways to improve the effectiveness…
The search is on: Finding an independent auditor | accounting firm in elkton md | Weyrich, Cronin & Sorra

Non-Profits

The search is on: Finding an independent auditor

Even if your not-for-profit isn’t legally required to obtain independent audits, such audits can enhance financial transparency, increase accountability…
Building a better nonprofit budget | tax accountant in cecil county md | Weyrich, Cronin & Sorra

Non-Profits

Building a better nonprofit budget

Does your nonprofit start its budget process from scratch each year or do you mostly make simple adjustments to the previous year’s budget?…
Navigate the risky business of nonprofit borrowing | Business Consulting Firms in DC | Weyrich, Cronin & Sorra

Non-Profits

Navigate the risky business of nonprofit borrowing

Should your not-for-profit apply for a loan? Perhaps you want to buy new equipment or build an extension to an existing facility. Maybe your…

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Hunt Valley Office

20 Wight Avenue
Suite 210
Hunt Valley, MD 21030
410.339.6464
Fax: 410.339.7272

Bel Air Office

139 North Main Street
Suite 201
Bel Air, MD 21014
410.838.2237
Fax: 410.893.9527

Elkton Office

116 West Main Street
Elkton, MD 21921
410.398.1961
Fax: 410.398.1157

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wcscpas Weyrich Cronin Sorra @wcscpas ·
16 Dec

Recordkeeping may not be glamorous, but it’s one of the most powerful tools to protect your business and maximize tax benefits. Here are the details of a recent case that underscores the importance of keeping strong records, along with six key practices. https://bit.ly/4pNDoSR

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The IRS has issued guidance for taxpayers wanting to claim new deductions for qualified tips income and qualified overtime compensation for 2025. https://bit.ly/4q89j0s