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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.

Guide for Divorce Attorneys: What a Client's Form 1040 Can Reveal About Income & Assets

Determining a couple’s income is one of the most critical financial issues in a divorce case. Reviewing the couple’s Form 1040, to start, can help paint a picture of their financial position and lifestyle. Divorce attorneys who know where to look for key...
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How to Handle Increase In Business Value Post-Separation: Perspective for Divorce Attorneys

Divorce cases where one party owns a closely-held business can create complications in the valuation and division of the marital estate. One of the many questions commonly encountered in Virginia divorce cases involving a closely-held business is, How is...
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Investment and Employment Tax Credits for Mid-Atlantic Manufacturers

The manufacturing industry has been the backbone of the U.S. economy since the Industrial Revolution. The success of this industry has helped position the U.S. as the world's largest economy. An economy with a strong manufacturing presence helps ensure...
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Bridge to the Cloud 2 Promotion: Moving From Dynamics On-Premises to Dynamics 365 Online

On January 1, 2023, Microsoft launched the Bridge to the Cloud 2 promotion to support Dynamics Price List (DPL) customers moving from Dynamics on-premises to Dynamics 365 online.
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A Texas-Sized Fraud: Bookkeeper Embezzles $29M From Texas Family

Barbara Chalmers, 74, pleaded guilty in December 2022 to an embezzlement scheme of at least $29 million over the past decade. Ms. Chalmers was the bookkeeper for a charitable foundation and multiple companies run by the family of Jim Collins, a prominent...
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2 Reasons Why Your Youth-Focused Nonprofit Should Establish an Endowment

Between the merry-go-round of government changes, staffing shortages and a fluctuating financial market, many youth-focused nonprofits lack one of the most vital tools in securing their future–an endowment.
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