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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.

7 Easy Ways to Make QuickBooks Work Better For Your Small Business

Being a business owner generally doesn’t come with an excitement for keeping the books. But QuickBooks can help owners comply with the required chore of keeping accounting records in good shape without costing an arm and a leg — or needing a full-time...
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Nonprofit Accounting Tips from Nonprofit Auditors

We sat down with Lisa Johnson, CPA, and Richard Wolf, CPA to solicit a few tips from their experience working with nonprofit organizations.
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What Maryland Businesses Need to Know About Mandatory Paid Sick Leave

A new law, dubbed “mandatory paid sick leave,” will have a substantial impact on many Maryland businesses, starting now.
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7 Tips for New Board Members from a Board Veteran

Everyone starts somewhere, even nonprofit board members. Serving on a board is not only gratifying, but it also gives you an opportunity to share and develop your expertise and skills to help an organization grow. As a board member, you will grow your...
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New Tax Law Brings About Accounting Method Changes for Construction Businesses

There’s one aspect of the new tax law that hasn’t gotten a lot of attention, but is worth considering — the $25 million average gross receipt.
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Here's How the New Tax Reform Law Will Affect You and Your Business

The new tax reform law, commonly called the “Tax Cuts and Jobs Act” (TCJA), is the biggest federal tax law overhaul in 31 years, and it has both good and bad news for taxpayers.
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