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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.

Navigating the Wi-Fi Waves: Understanding Wi-Fi 5, 6 and 7

In an increasingly connected world where our devices form the backbone of daily life, the evolution of Wi-Fi standards plays a crucial role. From streaming movies and conducting virtual meetings to gaming and smart home automation, each iteration...
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Dynamics GP to Business Central Tips and Tricks: Default Vendor Expense Accounts

When migrating from Microsoft Dynamics GP to Microsoft Dynamics 365 Business Central, one of the most frequently asked questions we get is, “How do I get the default expense accounts to show up on a transaction like they did in GP?” In Business Central,...
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New R&D Tax Credit Reporting Requirements On the Horizon

Businesses that capitalize on the popular Research and Development Tax Credit need to be aware of changes in reporting requirements for the 2024 tax year.
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Hiring a Financial Expert: Why Attorneys Should Do It Sooner Rather Than Later

A financial expert can provide valuable assistance to attorneys throughout the discovery phase of a litigation case. Cases involving economic damages often depend on documents to establish or disprove the amount of the plaintiff’s damages. A financial...
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Nonprofits Beware: Protect Tax-Exempt Status During Election Year

Many nonprofit organizations have a vested interest in political issues and their outcomes. But it’s important that nonprofit organizations, board members and leaders clearly understand how their campaign-related activities could attract unwelcome IRS...
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Accounting Software for Family Offices

Family offices are a convenient and effective way for high net worth families to manage their assets. But owning and operating a family office is no small feat. There are a variety of challenges that family offices have to tackle, like generational...
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