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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.

3 Financial Ratios and Benchmarks Nonprofits Must Know

Financial ratios and benchmarks can be used to assess the financial health of your nonprofit. These ratios and benchmarks can help management make decisions regarding organizational strategy and budgeting and, ultimately, help your nonprofit manage its...
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5 Steps to Building a Strong Census In Your Skilled Nursing Facility

We get it. As an administrator, you’re overloaded. You’re wrestling with staffing shortages, complex reimbursement issues, and keeping up on regulatory requirements — all while giving top notch care to your residents. Maintaining census is an excellent...
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Transferring S Corporation Shares In a Divorce

In many divorces, a significant asset of the marriage is an S corporation. Oftentimes, the business owned by the S corporation is the source that will be used to make lifetime distributions to a spouse. Two important aspects of S corporations prevent a...
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Using a Financial Neutral In a Collaborative Divorce

When people think about the divorce process, they often imagine combative couples and attorneys at each other’s throats. They picture a process completely void of trust among the parties, along with a cut-throat effort to “win” at any cost. Times have...
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Tax Credit for Maryland Businesses That Take Cyber Security Measures

There’s excellent news for Maryland businesses and it comes in the form of a tax credit. If your business has purchased cyber security goods or services from a Maryland cyber security company, congratulations. You’ve taken a smart step toward protecting...
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The Wayfair Decision Will Significantly Impact Online Sellers

Sales and use tax compliance has changed significantly with the recent U.S. Supreme Court decision in South Dakota v. Wayfair, Inc. The changes especially impact online sellers. It’s imperative that you understand where your business has nexus and how...
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