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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.

How This Nonprofit Lost Their Nonprofit Status — Giving Hearts, Inc.

It’s not too often that you hear about an organization losing their nonprofit status. Here’s the story of one that did.
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Transactional Data Reporting (TDR) Pilot Is Extended by GSA

Government contractors and GSA acquisition personnel will have more time to understand and participate in the Transactional Data Reporting (TDR) pilot. GSA just announced that the TDR pilot has been extended through FY2020.
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IRS Waives Tax Penalty for 400,000+ Taxpayers

When the Tax Cuts and Jobs Act (TCJA) passed in December 2017, many taxpayers couldn’t foresee the implications of the legislation on their individual withholding for the coming year.
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The Current State of the Skilled Nursing Industry [Infographic]

This year has brought some big changes for skilled nursing facilities. October will mark the implementation of the Patient Driven Payment Model (PDPM). It’s no secret that this implementation has some facilities feeling skittish. In this year’s 2019...
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Quick Guide: Maryland Defense Diversification Assistance Program

The Maryland Department of Commerce is helping defense contractors grow their businesses, increase profits and find new opportunities. The Maryland Defense Diversification Assistance (MDDA) program seeks to help defense contractors diversify into new...
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How to Use Capital Campaigns In Nonprofit Fundraising

Capital campaigns can be a great opportunity for a nonprofit to raise money for a specific project. However, not every nonprofit capital campaign performs as well as it should.
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