Non-Profits Insights

How to keep cost cutting from increasing fraud risk | accountant in bel air md | Weyrich, Cronin & Sorra

Non-Profits

How to keep cost cutting from increasing fraud risk

In the process of slashing expenses? Just be careful not to cut essential items, such as sufficient staffing to maintain strong internal controls,…
4 common accounting errors for nonprofits to avoid | cpa in bel air md | Weyrich, Cronin & Sorra

Non-Profits

4 common accounting errors for nonprofits to avoid

It may be tempting to try to save money and perform your nonprofit’s accounting tasks internally. But if your staff isn’t experienced and…
President Trump signs his One, Big, Beautiful Bill Act into law | Weyrich, Cronin & Sorra | accounting firm in Baltimore MD

Non-Profits

President Trump signs his One, Big, Beautiful Bill Act into law

On July 4, President Trump signed into law the far-reaching legislation known as the One, Big, Beautiful Bill Act (OBBBA). As promised, the tax…
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…

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