By Nathaniel C. Gravel, CISA, CISM, CRISC Cybersecurity threats are more prevalent than ever before. But do you know that in 2023, 86% of all cyberattacks were attributed to human error? This is due to a lack of awareness and training among employees. It is crucial to understand that your employees are your first line […]
Train Your Employees to Be Your First Line of Cyber Defense Read More »
By Nathaniel C. Gravel, CISA, CISM, CRISC In the digital age, data is the crown jewel. For small and medium-sized companies, it’s the lifeblood driving customer loyalty, operational efficiency, and market advantage. Yet, with great data comes great vulnerability. Cybercriminals see SMBs as ripe targets, exploiting their perceived lack of sophisticated defenses. The landscape in
Cybersecurity Survival Guide for SMBs in 2024 Read More »
End of Desktop Ownership and Subscription Shuffle By Lisa SullivanGray, Gray & Gray, LLP Intuit is shaking things up with its flagship product, QuickBooks. The company is making significant changes to its accounting software, pushing users towards the cloud-based QuickBooks Online and phasing out ownership options for the Desktop version. This shift has left many
Intuit Pushes QuickBooks Online Subscriptions Read More »
By Pamela CedroneGray, Gray & Gray, LLP Time is Money, But Money Takes Time: Why Growing Businesses Need Financial Expertise For any small- and medium-sized business (SMB) owner, the mantra “time is money” rings true. Every minute spent tackling one task is a minute taken away from another. It’s a constant balancing act: overseeing operations,
Time is Money, But Money Takes Time Read More »
By Bryan E. Pearce Director of Strategic Business Planning Gray, Gray & Gray, LLP The imperative for robust strategic planning has never been more critical. This white paper underscores the pivotal role strategic planning plays in enabling businesses to navigate through uncertainty, adapt to changing market dynamics, and seize opportunities for growth and resilience. Drawing
Future Proofing Your Business Through Strategic Planning Read More »
With a significant tax bill seemingly stuck in Congress, many clients are asking, “Should I file or extend for the March 15 and April 15 tax deadlines? Some background: The Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) stormed through the House of Representatives with a resounding bipartisan vote (357-70) approving
Should I File or Extend This Year? Read More »
As businesses evolve, the financial software that once seemed perfectly adequate can become a bottleneck, hindering growth rather than facilitating it. Recognizing the signs that your company has outgrown its basic bookkeeping and financial management software is crucial for maintaining efficiency, accuracy, and competitive edge. Upgrading to a more robust platform like Sage Intacct can
Recognizing When Your Business Has Outgrown Its Financial Software Read More »
By Pamela CedroneGray, Gray & Gray, LLP Growth-oriented small- and medium-sized enterprises (SMEs) face a constant challenge: balancing the pursuit of expansion with the need for sound financial management. As SMEs navigate the complexities of growth, their financial operations often become strained, leading to inefficiencies, resource constraints, and even impeded growth prospects. In such scenarios,
5 Ways Outsourcing Can Transform Financial Management for Growth-Oriented SMEs Read More »
Individuals and businesses need be aware of upcoming deadlines for filing taxes and submitting various forms. Staying informed and prepared will help ensure compliance with the IRS requirements and avoid potential penalties. Below are the key deadlines for the 2023 tax year that you need to mark on your calendar. For Individuals: April 15, 2024:
Important Tax Deadlines for the 2023 Tax Year Read More »
By James DeLeo, MBA, CPA/MST & Kelly Berardi, JD, LL.M.Gray, Gray & Gray, LLP One of the most important aspects of any M&A deal is the tax planning. While experienced dealmakers know to expect certain tax consequences, there are often unexpected tax implications that can arise. These unexpected tax bills can have a significant impact
Avoiding Unexpected Tax Implications in Mergers and Acquisitions Read More »