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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.

Blog Feature

Government Contractors  |  Manufacturing & Distribution

Quick Guide: Maryland Defense Diversification Assistance Program

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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Nonprofit

How to Use Capital Campaigns in Nonprofit Fundraising

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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Forensics & Litigation Support

529 Plans Have New Implications for Divorcing Couples

The Tax Cuts and Jobs Act (TCJA) has had a significant impact on divorcing couples. Many divorcing couples and their attorneys are aware of the elimination of the alimony deduction under the TCJA, but fewer are aware of the changes related to 529 plan funds.

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Blog Feature

Fresh Ideas

Why We Love Our New Office

It’s hard to believe we’ve been in our new space for six months already. It feels like yesterday that we were packing up hundreds of boxes and decades of memories. We knew that moving a firm our size was going to be an enormous undertaking, but it was necessary. In addition to needing more room to accommodate our growth, all of us at Gross Mendelsohn wanted a space that better reflected who we are as a firm: modern, streamlined and open. After months of looking at existing real estate throughout Baltimore City, we ultimately decided on new construction in an exciting new part of the city called McHenry Row. Despite the massive effort it took to plan for and manage a move of 100+ people, it was worth it. Here’s what we love about our new office, and why.

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Blog Feature

Nonprofit

4 Big Financial Challenges Facing Private Schools in 2019

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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Blog Feature

Business Valuation  |  Forensics & Litigation Support

Why Bringing Your Financial Expert to Mediation Is a Game Changer

The vast majority of cases settle before ever going to trial. In many instances, they are settled through mediation. Having your financial expert at mediation, whether it’s for a divorce matter, damages claim, or any claim dealing with a complex financial matter, can be a game changer. A financial expert can serve many different roles during a mediation. Here are five things your financial expert can do to contribute to the success of your next mediation.

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