Gross, Mendelsohn & Associates, P.A.

Liberty University accounting students 📣 we'll be on campus NEXT TUESDAY at the career fair! If you'll be attending, please stop by and say hello. 👋 We’d love to share our internship opportunities and learn about your career goals. We’ll be at the following university career fairs throughout this month: University of Baltimore ― September 9 Loyola University Maryland ― September 16 Stevenson University — September 16 Mount Saint Mary's University ― September 18 Towson University ― September 19

Welcome back Kenji Fisher! Kenji interned with us last summer and will now support our tax team full time. 🥳 Are you interested in joining the Gross Mendelsohn team? Check out our open positions: https://hubs.li/Q03F3sty0.

Family law attorneys 📣 The increased use of cryptocurrency has complicated divorce proceedings. In some instances, spouses are turning to cryptocurrency as a vehicle for hiding assets. This article explains what cryptocurrency is, how it’s acquired and signs to look for that suggest a spouse could be holding undisclosed cryptocurrency. https://hubs.li/Q03G1vDQ0

Welcome Marlon Braxton — the newest member of our Virginia tax team! 👋 Are you interested in joining the Gross Mendelsohn team? Check out our open positions: https://hubs.li/Q03F3rcb0.

Please join us in congratulating Richard Wolf, CPA, ABV, CFE, CVA, CGMA, on being elected secretary of the Maryland Association of CPAs (MACPA) Forensic Valuation Committee! 👏 Richard is the director of Gross Mendelsohn's Forensic, Valuation & Litigation Support Group.

Kirstine Fors, CPA, ABV, CVA, and Madison Kloster CPA, CVA, of the firm’s Forensic, Valuation & Litigation Support Group are hosting a breakfast seminar for family law attorneys at our Fairfax office on September 25. Kirstine and Madison will discuss exactly what divorce attorneys should be zeroing in on when reviewing a client’s tax return. This seminar is free, but you’ll need to register to save your seat: https://hubs.ly/Q03D6HSK0.

Nonprofits 📣 If your organization has a fiscal year end of June 30, 2025 (or later) and receives federal funding, the delayed release of the 2025 Compliance Supplement may impact your upcoming single audit. Here's what you need to know. 👇 https://hubs.li/Q03F1sv40

The One Big Beautiful Bill extended many provisions of the Tax Cuts and Jobs Act of 2017 and made several additional changes to the Internal Revenue Code. Learn the several provisions that impact real estate investors. https://hubs.li/Q03DRrc10

The sweeping changes to the U.S. tax code brought about by the One Big Beautiful Bill have direct and indirect consequences for the nonprofit sector. From revived deductions for small donors and revised corporate giving rules to new limitations for itemized donors, this new legislation has the potential to reshape the nonprofit landscape. Here's a breakdown of what you need to know. 👇 https://hubs.li/Q03Dym0-0

When you’re running a construction business, reviewing contracts is often an unwelcome but critical task. Thanks to technology, there are user-friendly tools that can streamline contract reviews. 👀 AI tools like ChatGPT and Gemini are giving construction companies a faster way to flag risky contract language, compare payment terms and check compliance with industry guidelines. While AI isn’t a substitute for legal counsel or your own knowledge, it’s a powerful tool to help you work smarter. AI can help you spot red flags and double-check language in your contracts. In our latest blog post, we share real-life examples of how you can start using AI in your contract review process. https://hubs.li/Q03Cx2fF0