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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 Strike Out Fraud In Your Organization

Shohei Ohtani is a household name in Major League Baseball. One of the league’s most formidable players, Ohtani is known as a two-way player who can pitch and hit. Unfortunately for Ohtani and the Los Angeles Dodgers, he’s also known as the victim of a...
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Businesses Employing Veterans Could be Eligible for Federal Award

If your business employs veterans, you might be eligible for a HIRE Vets Medallion Award. Businesses that earn this award are recognized for their leadership in recruiting, employing and retaining veterans.
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Tax Implications of Stock Options In Divorce

More and more, divorce attorneys are finding that stock options are becoming increasingly popular forms of equity incentive compensation. And when considering stock options in family law litigation, the main concern is typically the distribution of cash...
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Tips for Preventing Disbursement Fraud In Your Business

As a Certified Fraud Examiner, I have investigated dozens of employee embezzlements that occurred at small businesses. Many of those embezzlements were committed by bookkeepers through disbursement fraud schemes.
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Calculating Loss of Business Income for Insurance Claims

When an insured party with proper commercial coverage has an interruption due to a covered loss, they may be entitled to recover the loss of their business income. But how is the loss of business income calculated for insurance claims?
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How to Spot and Prevent Employee Fraud In the Construction Industry

The typical organization loses 5% of its revenues to fraud each year according to the Association of Certified Fraud Examiners (ACFE). When you do the math, the hit to your bottom line can be substantial.
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