https://youtu.be/3ebMlXXSonU During this seminar, we provided crucial information and discussions that will allow you to take control of your future and move forward with confidence. Gray, Gray & Gray Partners, Kelly Berardi, Derek Rawls, and Brad Carlson presented a Tax Update, discussing the impact of proposed tax changes. A panel of thought leaders also covered a range […]
Virtual Year-End Planning Seminar 2021 Recording Read More »
The amount an individual can contribute to a qualified retirement plan in 2022 has been raised to $20,500, up from a limit of $19,500 imposed in 2019 and 2020. The new cap applies to 401(k), 403(b), most 457 plans, and the federal Thrift Savings Plan. However, if a taxpayer or their spouse is covered by
Retirement Contribution Caps Raised Read More »
How does a not-for-profit say “goodbye” to a departing founder or executive? A gift and farewell party usually are appropriate. Though not as much fun to plan, an exit agreement may also be called for. This legal document, usually developed by a nonprofit’s board of directors, details the terms of a leader’s departure. Here’s why exit
Use an Exit Agreement to Bid Farewell to Nonprofit Executives Read More »
WATCH VIDEO While other local firms are focused on merging with larger national firms, we remain committed to being a leading independent regional firm that puts our clients first. At Gray, Gray & Gray, our 76-year rich history comes from an unwavering dedication to giving our clients the power to do more by providing more
One of the provisions of the recently passed Infrastructure Investments and Jobs Act is the elimination of the Employee Retention Credit (ERC) for Q4 2021. There is an exception for companies founded after February 15, 2020 (known as recovery start up businesses). The termination of the credit for the fourth quarter payrolls was anticipated based
Employee Retention Credits Eliminated Read More »
By Marty Kirshner, CPA, MSA Gray, Gray & Gray, LLP The recently enacted Infrastructure Investment and Jobs Act is good news for the propane industry, as it includes an estimated $7 billion in funding for propane-related initiatives and incentives. Funding for these provisions should become available in January 2022. What’s included? According to the National
Infrastructure Act includes $7 Billion for Propane Read More »
With all the legal hoops involved, it can be difficult for a not-for-profit to secure its tax-exempt status. The last thing you want after gaining this critical designation is to lose it. In the current political climate, it may be easier than ever to forfeit your status. So if you lead a 501(c)(3) organization, be sure
Danger! How Nonprofits Often Lose Their Tax-Exempt Status Read More »
Gray, Gray & Gray’s “Strategic Thinking” podcast discovers how business leaders are meeting today’s challenges while positioning their companies for future growth. CEOs from a wide range of industries share their insights with host Bryan Pearce, Director of Strategic Business Planning at Gray, Gray & Gray, discussing best practices and effective strategies that have produced
Are you considering a move to another state when you retire? Perhaps you want to relocate to an area where your loved ones live or where the weather is more pleasant. But while you’re thinking about how many square feet you’ll need in a retirement home, don’t forget to factor in state and local taxes.
Factor in taxes if you’re relocating to another state in retirement Read More »
About the Episode: Host Bryan Pearce, Director of Strategic Business Planning at Gray, Gray & Gray, interviews David Model, CEO of Triton Systems in Chelmsford, MA. Triton Systems is continually focused on what’s next – the next invention, the next breakthrough, the next innovation that can unleash new possibilities in engineering, science and technology to
Strategic Thinking Podcast: Bryan Pearce Interviews David Model of Triton Systems Read More »