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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.

How to Leverage a Financial Advisor During or After a Divorce

The story is a common one: the divorce settlement has been finalized. The couple parts ways, with both parties walking away with certain assets. Inevitably, only one of the parties has likely maintained a relationship with their financial advisor. Often,...
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How to Claim a Home Office Deduction

With the rise in remote work, many people who would traditionally commute to an office or jobsite every day are now working from home. There may be tax benefits for individuals who find themselves setting up shop at home for the foreseeable future....
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Valuation of Business for Estate Planning

An interest in a closely-held business can often be one of the most significant assets in an individual’s estate. As such, there are many planning opportunities that exist when creating an estate plan for a business owner. A timely valuation prepared by...
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Phantom Income: Pass-Through Entity Income Used for Support In Divorce Cases

Calculating income for support purposes, whether it be child support or alimony, can be complicated. For owners of pass-through entities (“PTEs”), it can be especially difficult.
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How Long Should I Keep Tax Records?

Figuring out how long you need to keep your tax records can be tricky. The easiest (and vaguest) answer is that it depends.
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DC Paid Family Leave Program

Effective July 1, 2020, employees who work in the District of Columbia more than 50% of the time and whose wages are subject to DC unemployment tax are eligible for paid family leave.
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