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Scrupulous records and legitimate business expenses are the key to less painful IRS audits | tax accountant in hunt valley md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Scrupulous records and legitimate business expenses are the key to less painful IRS audits

If you operate a business, or you’re starting a new one, you know records of income and expenses need to be kept. Specifically, you should…
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…
Coordinating Sec. 179 tax deductions with bonus depreciation | cpa in baltimore county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Coordinating Sec. 179 tax deductions with bonus depreciation

Your business should generally maximize current year depreciation write-offs for newly acquired assets. Two federal tax breaks can be a big help…
Maximize the QBI deduction before it’s gone | tax accountant in cecil county md | Weyrich, Cronin & Sorra

Management Advisory Services & Business Consulting

Maximize the QBI deduction before it’s gone

The qualified business income (QBI) deduction is available to eligible businesses through 2025. After that, it’s scheduled to disappear. So…
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,…
Making the most of your nonprofit’s social media accounts | business consulting services in baltimore md | Weyrich, Cronin & Sorra

Non-Profits

Making the most of your nonprofit’s social media accounts

When’s the last time you evaluated your not-for-profit’s social media strategy? Are you using the right platforms in the most effective way,…

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