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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 You Should Know About Forensic Accountants — And When You Need One

Since I’m just starting my career, I am often presented with the question, “What are you doing for work now?” When I explain that I am a forensic accountant, most respond with a comment related to their love for crime scene shows and forensic sciences. ...
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Key Considerations for Business Owners When Navigating Multi-State Tax Obligations

The dream of many business owners is to have multiple locations across the country. But, as businesses expand across state lines, managing various state taxes becomes increasingly complex. To ensure compliance while optimizing tax positions, multi-state...
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Key Highlights of the Uniform Guidance Update for Nonprofits Receiving Federal Funds

Nonprofits that receive federal funds need to comply with the stringent requirements associated with government funding.
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New R&D Tax Credit Reporting Requirements On the Horizon

Businesses that capitalize on the popular Research and Development Tax Credit need to be aware of changes in reporting requirements for the 2024 tax year.
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Hiring a Financial Expert: Why Attorneys Should Do It Sooner Rather Than Later

A financial expert can provide valuable assistance to attorneys throughout the discovery phase of a litigation case. Cases involving economic damages often depend on documents to establish or disprove the amount of the plaintiff’s damages. A financial...
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Nonprofits Beware: Protect Tax-Exempt Status During Election Year

Many nonprofit organizations have a vested interest in political issues and their outcomes. But it’s important that nonprofit organizations, board members and leaders clearly understand how their campaign-related activities could attract unwelcome IRS...
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