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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.

3 Tax Planning Strategies that Cost You Little But Provide Immediate Tax Savings

With so many of my high net worth clients being philanthropically inclined, there’s nothing I like better than a good tax savings strategy that ties into their charitable activities. Typically, charitable contributions will result in a reduction of your...
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Construction Companies: Don’t Let Good Talent Walk Out the Door

If the projects come in this year, will you have the right people to get them done? Or will another contractor sweep up your most valuable employees?
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Breaking Up Is Hard to Do, But for Private Foundations It Just Got Less Costly

Private foundations are often launched by high net worth families who are philanthropically inclined. In addition to giving families the opportunity to support the causes they care about, charitable giving provides powerful tax and estate planning...
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7 Signs It’s Time for a New Strategic Plan for Your Nonprofit

When it comes to nonprofits, strategic planning is often one of the biggest things sitting on an organization’s back burner. It usually goes something like this: you know the benefits of strategic planning, but you also have a million other things that...
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Salary Increases Alone Might Not Be Enough to Retain Construction Company Employees

As part of a recent Maryland construction industry survey, we investigated the top reasons construction company employees leave, the top benefits contractors are offering and the role performance reviews play in how firms manage their human resources.
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Two Fraudsters. One Billing Scheme. $1.4 Million Dollars.

Despite what many business owners would like to believe, instances of fraud often crop up when we least expect. Even the best of us can miss the signs of a fraudster in our midst, and as the size of a company increases, so do number of places a fraudster...
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