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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.

Estate Planning After the One Big Beautiful Bill: What You Need to Know

The One Big Beautiful Bill (OBBB) Act, enacted on July 4, 2025, brought significant and welcome changes to federal estate and gift tax rules. For many families, business owners and investors, these changes provide greater certainty, but they also shift...
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What Your Business Is Really Worth — and Why It Matters Long Before You Sell

Many business owners assume they’ll figure out what their business is worth when they’re ready to sell or retire. In reality, waiting until the last minute often leads to surprises — and missed opportunities. Understanding your business’s value isn’t...
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2026 Nonprofit Outlook: Key Challenges, Trends & Strategies for the Year Ahead

After navigating another year of disruption in 2025, nonprofit organizations are entering 2026 in an environment marked by continued uncertainty — but also real opportunity.Economic volatility, increased competition for funding, workforce challenges and...
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Exit Planning Timeline: 10 Years to Exit

Most business owners don’t wake up one day ready to exit — and the most successful exits are rarely accidental. They’re the result of years of thoughtful planning. This timeline provides a high-level roadmap of what business owners should be thinking...
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Form 1099 Processing & Business Central: Are You Ready for Year-End Close?

If you use Microsoft Dynamics 365 Business Central, you’ll notice some important changes this year in how the system handles Form 1099s. With the latest release (V27.0), Microsoft updated the way 1099 information is tracked, stored and submitted — and...
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How the New Tax Law Affects the Percentage of Completion Method for Contracts

The passage of the One Big Beautiful Bill (OBBB) on July 4, 2025, introduces significant reforms to business tax law in the United States. Among its pivotal changes are adjustments to the long-established requirement for using the percentage of...
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