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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.

Guidance on Maryland’s Multiple Points of Use Certificate for New “Tech Tax”

Long-awaited guidance on Maryland’s Multiple Points of Use (MPU) certificate is here. This is paramount for businesses that purchase or use digital, data, IT and cloud services both in Maryland and other states. The MPU certificate will help businesses...
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Important Update for Maryland Landlords: New Lease Requirement Takes Effect July 1, 2025

If you are a landlord or developer who leases residential property in Maryland, there’s an important new requirement you need to be aware of.
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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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