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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.

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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Nonprofit Investment Tips: 4 Ways to Ensure Your Nonprofit Keeps on Giving

When it comes to investing, nonprofits often struggle to invest their hard earned donation dollars. Not only do organizations need the right knowledge and understanding to make sound investments, but many nonprofits are paralyzed (and understandably so)...
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5 Ways A Financial Expert Can Make Your Divorce Case Stronger

I hear it from family law attorneys frequently: “My client doesn’t own a business, so I really don’t need a financial expert for this case.” In cases where one or both parties own a business, it’s a no brainer to work with a Certified Valuation Analyst....
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If You Think Your Small Business Is Immune to a Hack, Think Again

When you’re immersed in running your business day to day — particularly when the cash register is ringing — it’s easy to put network security on the back burner. Who wants to worry over a cyberattack that might not even happen? Do you think your small...
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