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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.

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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How Bad Data From Clients Can Impact Valuations

It’s a common saying among data scientists: “garbage in, garbage out.” In other words, bad inputs lead to bad conclusions. It’s no different in business valuation, where an analyst synthesizes many data inputs to arrive at a single estimate of value. Bad...
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Account Reconciliation In the Cloud: Moving Beyond Spreadsheets

Account reconciliation is a critical first step in the financial close process. It establishes the foundation for month-, quarter- and year-end success. Accountants perform reconciliations at the end of accounting periods to ensure the general ledger...
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Maryland Manufacturers Can Apply for Grants Up to $500,000

Eligible Maryland manufacturing businesses could receive up to $500,000 in state funding as part of the Maryland Manufacturing 4.0 Grant Program. The program’s goal is to support manufacturing businesses that invest in cutting-edge technologies to remain...
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Quick Guide: Accredited In Business Valuation (ABV) Credential

As a CPA, ABV and CVA, my credentials are a source of pride for me. Most people recognize the Certified Public Accountant (CPA) credential. However, very few people recognize other credentials in the accounting and forensic accounting field.
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Navigating Tax Issues Related to Short-Term Rentals

Short-term rentals are all the rage in real estate investing. With droves of vacationers and business travelers using Airbnb and VRBO to seek out homey, comfortable spaces that hotels don’t offer, short-term rentals can be an outstanding real estate...
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