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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.

Why Every Small to Mid-Sized Business Should Adopt NIST 800-171 Standards — Even If They're Not Required to

Cyber security threats are evolving rapidly, and small to mid-sized businesses (SMBs) are no longer flying under the radar. As cyberattacks become more sophisticated and regulatory pressure increases, aligning with NIST 800-171 standards is no longer...
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New Tax Bill Promises Major Shifts for Maryland Nursing Homes

The healthcare landscape in the U.S. stands on the precipice of significant change, and few sectors are watching more closely than long-term care facilities. Maryland’s nursing homes, in particular, are bracing for the sweeping adjustments that may come...
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Surety 101: Basics for Contractors

If you’ve worked on public projects — or plan to —“surety bond” is probably a familiar term. Whether you are bidding on a government contract or taking on a large private job, surety bonds are often required before you can even get started with a...
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What the One Big Beautiful Bill Means for U.S. Manufacturers and Distributors

The new tax package — casually referred to as the “One Big Beautiful Bill” — includes powerful new and reinstated tax incentives aimed at bolstering domestic manufacturing and distribution. This legislation reverses several unfavorable changes in recent...
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New Tax Law Brings Big Wins for Business Owners

The newly signed tax legislation — also known as the One Big Beautiful Bill Act — brings about significant changes for businesses. From enhanced bonus depreciation and expanded Section 179 expensing, to updates on research and development costs, business...
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How to Qualify for Real Estate Professional Status and Maximize Tax Savings

If you’re a real estate investor or considering investing in real estate, you have likely heard about the coveted real estate professional status for tax purposes. But what does that mean, and how can it benefit you?
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