Make A Payment Client Portal Contact
Let's Talk

Accounting Firm Blog

Gross Mendelsohn Blog

A resource to help business owners, nonprofit executives and high net worth families preserve wealth, grow and thrive.

Blog Feature

Construction & Real Estate  |  Manufacturing & Distribution  |  Service Businesses

New Virginia Law Affects Taxation of Pass-Through Entities

A new Virginia law allows the owners of a pass-through entity (PTE) to shift their income tax burden generated from the PTE away from them personally and instead to the PTE itself.

Read More

Blog Feature

Construction & Real Estate  |  Healthcare  |  Manufacturing & Distribution  |  Nonprofit  |  Service Businesses

Maryland Unemployment Insurance Tax Rate Changes Explained [2022]

If your Maryland business is subject to unemployment insurance taxes, be aware of potential changes to your tax rate for the 2022 calendar year.

Read More
Gross Mendelsohn Blog

Get more articles like this one!

Subscribe to our blog, and we'll send articles straight to your inbox when they're published.

Blog Feature

Construction & Real Estate

What Construction Contractors Need to Know About Backlog

Backlog is an important measure of the health of a construction company. Here’s what contractors need to know about backlog and how it can help (or hurt) their profitability.

Read More

Blog Feature

Construction & Real Estate  |  Government Contractors  |  Healthcare  |  Manufacturing & Distribution  |  Nonprofit

2022 Payroll Update

Social Security and Medicare tax As of January 1, 2022, the maximum amount of annual earnings subject to Social Security increases to $147,000 (from $142,800 in 2021). There is no limit on the amount of earnings subject to the Medicare tax.

Read More

Blog Feature

Construction & Real Estate  |  Government Contractors  |  High Net Worth Families  |  Manufacturing & Distribution  |  Service Businesses

Maryland Extends Deadline for Individual Income State Tax Returns to July 15, 2022

Yesterday, Maryland announced that the deadline for individual income state tax filings and payments will be extended from April 18, 2022 to July 15, 2022.

Read More

Blog Feature

Construction & Real Estate  |  Government Contractors

5 Accounting Mistakes to Avoid if You Need a FAR Overhead Audit [Video]

There are several accounting mistakes that government contractors make that can cause major headaches when uncovered during their federal acquisition regulation overhead audit. Here are five of the most common.

Read More