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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.

Sage 300 Add-Ons Spotlight

One of the strengths of Sage 300 is the massive ecosystem of integrated add-ons that can extend the capabilities of your software. When “out of the box” features don’t provide everything you need, Sage Add-ons Marketplace might be the answer.
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Uncovering a Phantom Workforce: the Dangers and Prevention of Ghost Employees

Payroll theft comes in all shapes and sizes and often lies hidden below the surface. Fraudsters who perpetrate ghost employee schemes use the shadow of another employee to cover their tracks. One of the best ways to prevent payroll theft is to understand...
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IRS Halts Processing of New Employee Retention Credit Claims

The IRS announced a moratorium on the popular Employee Retention Credit through at least the end of 2023. Here’s what you need to know about the moratorium.
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How Officer Compensation Impacts Business Value

To properly value a business, adjustments may need to be made to the business’s revenue and expenses to normalize its income statement and accurately reflect the true economic performance of the business. One of the adjustments that commonly may be made...
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Tax Credits for New Electric Vehicles Purchased In 2023

If you’re one of the half million Americans who purchased an electric vehicle so far in 2023, you might be eligible for a tax credit.
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Unveiling the Power of Business Central’s Analyze Feature

In the digital age, businesses thrive on data-driven decision-making. Fortunately, Microsoft Dynamics 365 Business Central includes the "Analyze" feature that allows businesses to quickly examine their data and make well-informed decisions to drive...
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