Fraud is an unfortunate, but all too frequent, problem for many businesses. You need to be vigilant lest a customer, vendor, or employee tries to skim, cheat, embezzle or otherwise steal your hard-earned money. The best way to avoid getting ripped off is to have strong systems and processes in place to prevent such larceny. […]
Protecting Your Business from Fraud Read More »
Individuals who find themselves short of cash due to the economic disruption of the COVID-19 pandemic may find relief in their retirement savings. The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) includes a provision that eases restrictions on distributions from certain tax-qualified retirement plans, including 401(k), 403(b), tax-sheltered annuity plans, and IRAs. Prior
Using Your Retirement Account During the Pandemic Read More »
Click Here to Register for Recorded Session Many people often find themselves busy instead of productive and feel overwhelmed with the amount of tasks on their to-do lists. This course teaches current time management tips, processes, and tools to analyze and adjust activities, helping to ensure the highest priority behaviors and action steps toward pre-determined
Gray Academy: Time Management and Goal Setting (Self-Study) Read More »
BantamWesson’s goal is to make life simpler and easier for homeowners like you. Everything BantamWesson does is backed by extensive training, industry certifications, and a guarantee that their work meets the highest professional standard. “We first engaged Gray, Gray & Gray in 2015 because our longtime accountant simply was not able to give us the
Gray, Gray & Gray Success Story: BantamWesson Energy Read More »
Click Here to Register for Recorded Session The purpose of this session is to assist staff with gaining a better understanding of the basics on aligning communications with audience, channel and objective, adapting communications to the virtual environment with growing emphasis on digital means of communicating, the power behind thought leadership for increasing visibility in
Gray Academy: Professional Communications & Becoming a Thought Leader (Self-Study) Read More »
Employers who withhold the 6.2% Social Security tax from employee paychecks may now defer collection and payment of withholding amount for pay periods beginning September 1, 2020 and extending through December 31, 2020. However, the taxes are only deferred – not exempted – and must be paid between January 1, 2021 and April 30, 2021,
Payroll Tax “Holiday” Beginning September 1, 2020 Read More »
By Martin E. Prendergast, MBA Gray, Gray & Gray, LLP Architects and engineers are adept at working with their clients to create and implement a vision for the future. However, when it comes to preparing for their own future, many A&E firm partners can be slow to make plans. That can lead to complications in
Architects & Engineers Should Avoid Delaying Succession Planning Read More »
The U.S. Small Business Administration (SBA) has issued further guidance to clarify the loan forgiveness provision of the Paycheck Protection Program (PPP) part of the CARES Act. In particular, the new guidance addresses questions about the eligibility for forgiveness of owner compensation and specific non-payroll costs. In response to public questions about C- and S-Corporation
New PPP Forgiveness Guidance Issued by SBA Read More »
The economic impact of the COVID-19 crisis on Massachusetts is being seen in a $3 billion tax revenue shortfall for fiscal year 2020, as reported by the Department of Revenue. Yet that news came in conjunction with a report that July tax revenues were higher than expected, at $4.5 billion. Part of the July collections
Massachusetts Tax Revenues Fall Short, But Trend Higher Read More »
Canton, MA (August 6, 2020): Gray, Gray, & Gray, LLP (www.gggcpas.com) has been named one of the country’s Top 200 accounting firms by INSIDE Public Accounting magazine. The publication ranked Gray, Gray & Gray as the 172nd largest accounting firm in the U.S., and fourth largest independent accounting firm in Massachusetts. This is the eighth consecutive year the firm
Gray, Gray, & Gray Ranked Among Top 200 Accounting Firms in U.S. Read More »