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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.

Your Nonprofit Needs a Mission and Vision Statement

Mission and vision statements are an essential element of running a successful and forward-thinking nonprofit. Not only do mission and vision statements serve as the foundation for all organizational programs, goals and activities, but these statements...
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3 Traits to Look for When Hiring an Accountant for Your Government Contracting Business

Not all accountants are created equal when it comes to understanding the ins and outs of government contracting. Understanding the compliance issues that encompass government contracts sounds easy enough: cross your T’s and dot your I’s, right? Wrong. ...
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A Construction Contractor’s Guide to Recruiting Younger Employees

Given the industry’s aging workforce and an unprecedented number of retiring owners, contractors need to do everything possible to recruit young employees into the industry.
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Qualified Business Income Deduction: A Primer On the New Section 199A

There’s a provision in the new tax law that allows owners of sole proprietorships, S corporations and partnerships to deduct up to 20% of income earned by the business. It’s known as the Qualified Business Income (QBI) deduction, or more formally,...
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SAM.gov Login and Registration Changes for Federal Government Contractors and Grant Recipients

Government contractors along with grant recipients and managers who use the System for Award Management, more commonly known as SAM.gov, are seeing changes to the free database’s login and registration process.
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The #1 Reason Why Your Construction Company Should Own (vs. Lease) Its Building

One of the most common questions we get from construction business owners is, “Should I own or lease my building”? The answer, which we will get to in a moment, might be simpler than you think.
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