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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.

Virginia Issues Guidelines to Retroactively File 2021 Pass-Through Entity Tax Returns

Virginia’s Department of Taxation has issued long-awaited guidance on pass-through entity tax returns. Here’s what the guidance means for owners of pass-through entities.
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Business Central 2024 Release Wave 1: New Features and Enhancements

Microsoft Dynamics 365 Business Central continues to evolve, bringing new features and improvements that enhance productivity, efficiency and usability. The 2024 Wave 1 release is no exception, packed with updates that promise to refine user experience,...
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Do Your Due Diligence Before Buying a Business

Frankly, it was a disaster that could have been avoided. “Stan” the buyer was hell bent on making the purchase, the bank was pushing for the seller’s financials, and on the surface the deal and the business looked solid. So instead of a comprehensive...
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How an Employee Stole $26,506 Using a POS Register System

This is the story of a chief financial officer whose diligent review of his sporting goods retailer’s monthly operations resulted in the discovery of employee theft.
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Streamline Your Year-End Close With Improved Technology

Do you find your accounting team continuously dreading year-end close processes? If so, it’s time to make some changes.
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Why Expert Witness Certifications Matter In Litigation

Certifications help signal that someone is knowledgeable and competent in a given subject matter or area. For expert witnesses, a certification can be valuable for emphasizing their competency and eligibility to serve as an expert witness in court. On...
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