Gross Mendelsohn Blog
A resource to help business owners, nonprofit executives and high net worth families preserve wealth, grow and thrive.
Construction & Real Estate | Government Contractors | Healthcare | Manufacturing & Distribution | Nonprofit | Service Businesses
The Financial Accounting Standards Board (FASB) just authorized an Accounting Standards Update (ASU) that will defer the implementation of three accounting standards for private companies. The standards involve accounting for leases, credit losses and hedging.
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Construction & Real Estate | Government Contractors | Healthcare | Manufacturing & Distribution | Nonprofit | Service Businesses
Business owners and financial executives now have one more thing to keep track of – making sure payroll taxes are actually getting paid to tax authorities. With so many businesses relying on outside parties to process paychecks and pay employment taxes, millions of dollars pass through the hands of payroll companies every day. But are those millions of dollars making it into workers’ paychecks and, just as important, being sent to federal and state tax authorities?
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Government Contractors | Manufacturing & Distribution
The Maryland Department of Commerce is helping defense contractors grow their businesses, increase profits and find new opportunities. The Maryland Defense Diversification Assistance (MDDA) program seeks to help defense contractors diversify into new markets. Diversification is important for defense contractors given the unpredictability of procurement trends of the United States Department of Defense (DoD).
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Capital campaigns can be a great opportunity for a nonprofit to raise money for a specific project. However, not every nonprofit capital campaign performs as well as it should.
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Financial management can be tricky for private schools, especially when it comes to areas like fundraising, endowments, audits and strategic planning. That’s why we had four private school experts cover each of these topics in a webinar for private schools. Here’s a summary of each segment from panelists…
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Nonprofit fundraising isn’t exactly a walk in the park. Most organizations struggle to bring in fundraising dollars. This can be especially difficult when your nonprofit’s board isn’t on board with fundraising. The board helps your nonprofit thrive. That can mean donating money, contributing their time or helping your organization make connections. At a recent webinar hosted by our Nonprofit Group, nonprofit fundraising expert Vince Connelly answered the audience’s questions on nonprofit fundraising. In this article, we’ll focus on Vince’s advice for engaging the board of directors in fundraising efforts.
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