The reality of COVID-19 is forcing us to face those “what if” situations most are reluctant to think about, let alone plan for. Estate planning, while it can be a difficult topic, is one that needs to be dealt with in order to leave your loved ones in a constructive space upon your incapacitation or demise. [...]

Yesterday the Federal Reserve cut the federal funds rate by .50%, bringing it to a range of 1-1.25%. This was done in an effort to stay ahead of the potential disruptions and economic slow-down created by the Coronavirus (COVID-19). While the virus has had a mostly negative impact on the stock market [...]

Labor Day has passed and school is officially back in session, but in June back to school was already on Michael Little’s mind as he gathered with some of Gross Mendelsohn’s CPAs to discuss “4 Big Financial Challenges Facing Private Schools in 2019.” The group talked about fundraising, endowment management, audits, and strategic planning. Below [...]

Along with the passage of the Tax Cuts and Jobs Act legislation, there are new guidelines that affect Maryland 529 plans. If your child has a Maryland 529 plan, you’ll want to read on to learn about some changes that expand the list of qualified educational expenses. What’s Different As a Result of the New {...]

We’ve all seen the headlines in the news in recent years — “Data Breach at XYZ Company.” Big-name companies such as Yahoo, Google, CVS, U.S Olympic Committee, Capital One, and an uncomfortably long list of others have been named in those headlines. Nearly 1,000 data breaches in 2016 put the personal information of more than […]