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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.

REVEALED: 10 Things You Should Know About the New Tax Law

By now, most taxpayers are aware of some of the basics of the Tax Cuts and Jobs Act, including the decrease in individual and corporate tax rates and increase in standard deductions. But there are some aspects of the new law that haven’t gotten nearly as...
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Quick Guide: Special Accounting Considerations for Religious Organizations

Religious organizations may technically be classified as nonprofit organizations, yet they are subject to a unique set of accounting rules. Anyone providing accounting services within a religious organization must be aware of special policies that can...
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Tips for a More Profitable Construction Company

Construction contractors are concerned about profitability, and rightfully so.
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5 Signs Your Government Contracting Business Might Need a New CPA

If you are a government contractor, you likely already have a CPA helping you with accounting and taxes. But is the CPA you hired when you started your business still the right CPA for you? There are a number of reasons why it might be time to consider a...
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5 Questions to Ask Before Hiring a New CFO for Your Nonprofit

Hiring a chief financial officer for your nonprofit and hiring the right CFO are two very different things. While some accountants get their start at for-profit businesses, nonprofits have specific accounting and tax needs that differ from how accounting...
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Your Nonprofit Needs a Mission and Vision Statement

Mission and vision statements are an essential element of running a successful and forward-thinking nonprofit. Not only do mission and vision statements serve as the foundation for all organizational programs, goals and activities, but these statements...
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