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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.

Business Owners Can Learn Lessons From Sports Team’s Embezzlement Case

Jeffrey David, the former chief revenue officer for the NBA’s Sacramento Kings, recently pleaded guilty to charges of wire fraud and identity theft in a scheme that misappropriated approximately $13.4 million of the team’s funds. Mr. David, who was the...
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What is Industry 4.0?

It’s no secret that technology has been evolving at light speed in the past few decades. If you need proof, just look at the development of computer and phone technology in the last ten years. The next big wave of manufacturing technology — as part of...
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Tax-Free Transfers Incident to a Divorce: What Qualifies?

Dividing assets in a divorce is rarely a simple matter. It gets even more complicated when there is a transfer of property between spouses after a divorce.
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Changes On the Way for Government Contractors

Government contractors will soon be impacted by several changes that are in the pipeline. Here's what you need to know to get up to speed with the changes to PSS and SRP.
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Hiring Veterans: There’s a Tax Credit for That

More organizations are hiring military veterans every day. In addition to benefiting from the skills, dedication and experience that veterans offer, qualifying employers can earn a tax credit for their commitment to hiring, training and retaining...
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Small Business Runway Extension Act of 2018: Impact On Government Contractors

On December 17, 2018, the Small Business Runway Extension Act of 2018 was signed into law, increasing the measurement of a small business' size status. Prior to this, a business' small business status was determined based on three years of average gross...
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