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Should your nonprofit compete, collaborate or both? | accountant in harford county md | weyrich, cronin and sorra

Non-Profits

Should your nonprofit compete, collaborate or both?

You’ve probably collaborated with other not-for-profits that share your space — maybe on a special event or fundraising campaign. Some organizations…
Saving for college: Tax breaks and strategies your family should know | tax preparation in hunt valley md | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Saving for college: Tax breaks and strategies your family should know

As higher education costs continue to rise, you may be concerned about how to save and pay for college. Fortunately, several tools and strategies…
BOI Reporting Deadline Set for March 21, 2025: What Businesses Need to Know | business consulting services in alexandria va | Weyrich, Cronin & Sorra

News

BOI Reporting Deadline Set for March 21, 2025: What Businesses Need to Know

FinCEN has confirmed that mandatory beneficial ownership reporting (BOI) requirements are back in effect, with a new deadline of March 21, 2025,…
Small business strategy: A heavy vehicle plus a home office equals tax savings | business consulting and accounting services in harford county | Weyrich, Cronin & Sorra

Tax Prep, Planning & Strategy

Small business strategy: A heavy vehicle plus a home office equals tax savings

New and used “heavy” SUVs, pickups and vans placed in service in 2025 are potentially eligible for big first-year depreciation write-offs.…
Nonprofit start-ups: Form 1023 or 1023-EZ? | accountant in alexandria va | Weyrich, Cronin & Sorra

Non-Profits

Nonprofit start-ups: Form 1023 or 1023-EZ?

If you’re starting up a new 501(c)(3) not-for-profit organization, you likely face many decisions. One of them is which form to use when applying…
Do you have questions about taking IRA withdrawals? We’ve got answers | cpa in harford county md | weyrich, cronin and sorra

Tax Prep, Planning & Strategy

Do you have questions about taking IRA withdrawals? We’ve got answers

Once you reach age 73, tax law requires you to begin taking withdrawals — called Required Minimum Distributions (RMDs) — from your traditional…

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Latest Tweets

wcscpas Weyrich Cronin Sorra @wcscpas ·
13 Feb

"New nonprofits must ask the IRS to recognize their tax-exempt status. But should you file Form 1023 or Form 1023-EZ, the easier, less expensive option? Here’s some information to help you decide." https://bit.ly/3PDkHBb

wcscpas Weyrich Cronin Sorra @wcscpas ·
11 Feb

"You may spend years building up your traditional IRA, but there is a time when you must start taking withdrawals. Here are answers to frequently asked questions about required minimum distributions." https://bit.ly/3C4uFbF