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Gross Mendelsohn Blog

A resource to help business owners, nonprofit executives and high net worth families preserve wealth, grow and thrive.

Tariffs 101 for Manufacturing Business Owners

In today’s global economy, suppliers stretch across the world. Business owners rely on the easy movement of goods and materials. However, international trade policies — specifically tariffs — can disrupt these flows. As political tensions rise and new...
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New Tax Laws Have Significant Implications for Maryland Taxpayers

The Maryland General Assembly recently passed the Budget Reconciliation and Financing Act of 2025. This new bill has significant tax implications for Maryland business owners and individuals. Let’s review the legislation’s provisions that will have the...
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How Normalizing Adjustments Impact the Value of a Business

A business may be valued for a multitude of reasons, like marital dissolution, estate planning and mergers and acquisitions, among others. No matter a valuation’s purpose, one of the most critical steps during analysis is considering various...
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Industry 5.0 Brings a Shift to Human-Centered Innovation In Manufacturing

The manufacturing industry has forever been transformed by the fourth industrial revolution, also known as Industry 4.0. The question becomes, as more manufacturers have begun to embrace and implement new and emerging Industry 4.0 technologies, how can...
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How Manufacturers Can Claim the R&D Tax Credit [Video]

Many manufacturers don’t realize they could be leaving money on the table. If your business invests in innovation — whether that’s developing new products, improving processes or enhancing existing technologies — you could qualify for the research and...
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Federal Government Says Goodbye to Paper-Based Payments

The federal government is officially waving goodbye to paper checks. On March 25, President Trump issued an executive order aimed at modernizing how the U.S. government sends and receives payments. Here’s a breakdown of what you need to know.
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