By Brian Jacobson, CPAGray, Gray & Gray, LLP “Trust, but verify.” President Ronald Reagan’s sage advice about arms negotiations is also appropriate when lending money or investing capital. If you are a lender or venture capital firm, it is incumbent on you to discover the facts about the ability of a borrower to pay back […]
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Year-End Charitable GiftingWhat should you keep in mind as you donate?Presented by Gray Equity Management, LLC Are you making charitable donations this holiday season? If so, you should know about some of the financial “fine print” involved, as the right moves could potentially bring more of a benefit to the charity and to you. To
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By Michael D. Koppel, CPA, PFS, CITP, MBARetired Partner at Gray, Gray & Gray, LLP For many years, a partnership or a Limited Liability Company (LLC) that filed as a partnership had limited the consequences of an IRS audit. However, because of the growing number of LLCs, the IRS is becoming more aggressive in targeting
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The Value of an Efficient BusinessWhen selling a business, people often woo buyers with hard numbers such as cash flow, customer count, inventory, and tangible assets. Or they tout the benefits of an experienced management team, distinctive products, or a strong brand. One important factor that is frequently overlooked is efficiency.Maximizing efficiency in business operations
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Gray, Gray & Gray’s 2017 Propane Industry Survey ResultsThank you for participating in Gray, Gray & Gray’s second annual Propane Industry Survey, which we conducted in conjunction with the Propane Gas Association of New England. We hope you will compare these “industry average” results with the performance of your own business in the important areas
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December 2019 To Our Valued Client:In our effort to deliver “the power of more” for you, Gray, Gray & Gray is always seeking ways to be more effective and efficient in the work we do on your behalf. Our goal is to provide you with the highest quality services, as proficiently and economically as possible.
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Is Now the Right Time for an Acquisition?Merger and acquisition (M&A) activity tends to wax and wane along with the ups and downs of the national and global economy. Savvy business leaders know that an acquisition can be a great way to grow a company. If a deal comes your way, how can you judge
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Will Debt Spoil Too Many Retirements?What pre-retirees owe could compromise their future quality of life.Presented by Gray Equity Management, LLC The key points of retirement planning are easily stated. Start saving and investing early in life. Save and invest consistently. Avoid drawing down your savings along the way. Another possible point for that list: pay
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Money Habits That May Help You Become WealthierFinancially speaking, what do some households do right?Presented by Gray Equity Management, LLC Why do some households tread water financially while others make progress? Does it come down to habits? Sometimes the difference starts there. A household that prioritizes paying itself first may end up in much better
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The deadline to implement major changes in the way leases are treated for accounting purposes may appear to be well in the future: late 2019 for publicly traded companies, and January 1, 2020 for privately held companies and non-profits. But accounting professionals are discovering that the work necessary to make the transition is significantly more
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