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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.

Tax Changes for Nonprofits Under the Tax Cuts and Jobs Act

When the Tax Cuts and Jobs Act (TCJA) was passed in late 2017, nonprofits across the country had one big question — how does this affect us as an organization? Here is a quick overview of the four key changes that nonprofits should look out for under the...
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States Can Now Collect Sales Tax from Online Retailers, Thanks to U.S. Supreme Court Ruling

On June 21, 2018, the United States Supreme Court passed a landmark ruling that will permit individual states to collect sales tax from online retailers.
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Panel Discussion About Overcoming Obstacles Wows Our Staff

Members of our team listened with rapt attention as four of Maryland’s finest business leaders spoke about their paths to career success during a recent panel discussion on women’s leadership here at Gross Mendelsohn.
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Strategic Planning: 11 Steps to Developing a Strategic Plan

When it comes to strategic planning, there are several key steps that organizations must prepare themselves for. Strategic planning is the formal process of determining an organization’s long term goals and identifying the best approach to take to...
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How to Respond to a Bad Review About Your Construction Company

Responding to a bad review about your construction company can be difficult. It’s natural that criticism of you, your business and/or your employees can sting. However, bad reviews aren’t always bad for your business. There is value in the candid...
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Signs an Employee Might Be Stealing From Your Nonprofit

According to the Association of Certified Fraud Examiners’ Report to the Nation of Occupational Fraud and Abuse, typical businesses lose 5% of their annual revenue to employee fraud. Your nonprofit organization doesn’t need to be one of them.
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