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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.

6 Questions to Ask a Forensic Accountant About a Business-Owning Spouse

In my many years of practice as an expert specializing in matrimonial disputes, there’s little I haven’t seen in the way of business-owning spouses trying to hide assets. From the creative and clever to the downright fraudulent, I suspect that these...
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Guidance for Divorce Attorneys: How Business-Owning Spouses May Manipulate Income

In an ideal world, parting couples are honest and transparent during divorce litigation. In the real world, there’s always a chance that someone isn’t being truthful. If one spouse has a business, the opportunities to hide or manipulate income increase...
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What Do Your Financial Statements Say About Your Company’s Future?

Motivational speaker Zig Ziglar once said “how you see your future is much more important than what happened in the past.” The same holds true for business owners and how they view their businesses.
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How Attorneys Can Help Business Owners Prepare for a Divorce

Here’s a typical scenario: a spouse who owns a business walks into a family law attorney’s office looking for legal assistance for a divorce. The atmosphere is charged with emotion — mostly anger — and the discussion inevitably works its way to the...
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Poor Internal Controls Could Debar Your AEC Firm from Government Contracting

You don’t want to be a statistic or one of those “Poor Bob” stories featuring the demise of your company because you were removed from government contracting opportunities.
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Is a Cash Balance Retirement Plan Right for You and Your Business?

A cash balance retirement plan is more expensive to set up and administer, but the tax benefits might make it worthwhile.
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