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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.

NIL Perks Aren’t Free: How Non-Cash Compensation Triggers Taxes for Collegiate Athletes

Collegiate athletes are navigating a rapidly evolving environment marked by non-cash compensation opportunities, including goods, services and unique fringe benefits tied to Name, Image and Likeness (NIL) activity. As these athletes engage in brand deals...
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One Big Beautiful Bill: Tax Benefits & Planning Opportunities for Taxpayers

If you’re still trying to wrap your head around the One Big Beautiful Bill (OBBB), you’re not alone. Between headlines, political chatter and technical jargon, it’s tough to know what actually made it into the final law — and what those changes mean for...
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Don’t Get Benched By The IRS: The Case For Meticulous NIL Expense Tracking

Tracking expenses is critical for collegiate athletes receiving revenue sharing and NIL (Name, Image and Likeness) compensation, especially when operating as independent businesses via a Schedule C on their personal income tax return or as an S...
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The Rising Cost of Care In Maryland’s Skilled Nursing Facilities

After several years of unpredictable cost swings and pandemic-driven volatility, Maryland’s skilled nursing facilities are entering a period of relative stability — but not without continued financial pressure. In this article, we’ll take a detailed look...
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AI’s Role In Fraud and Fraud Investigation

Artificial intelligence (AI) has become one of the most disruptive forces of our time. From how we work to how we protect sensitive information, AI’s influence is being felt across nearly every industry. Fraud investigation is no exception. While AI...
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Guidance On No Tax On Overtime & Tips

The One Big Beautiful Bill (OBBB) Act includes several payroll changes impacting employees, independent contractors and employers. Most notably, it includes new federal income tax deductions for qualified overtime and tip pay, commonly referred to as “no...
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