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Andrea Cincotta of Gray, Gray & Gray Elected to Regional Chamber Board

Canton, MA (January 22, 2024):  Andrea Cincotta, CPA, MBA, a Manager with  Gray, Gray & Gray, LLP, a business consulting and accounting firm based in Canton, MA, has been elected to the Board of Directors of the Neponset River Regional Chamber of Commerce. “It is a privilege and a pleasure to serve on the Board,” […]

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Gray, Gray, & Gray Promotes 6 Team Members

Canton, MA (January 17, 2024):  Gray, Gray & Gray, LLP, a business consulting and accounting firm based in Canton, MA, has announced the promotion of six team members to new positions: Kerin Coleman has been promoted to Senior Staff Accountant in the Tax Department. She is a graduate of Merrimack College and joined the firm

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7 Fringe Benefits for Nonprofit Employers to Offer

One of the biggest challenges facing not-for-profit organizations is finding and retaining top-quality talent. It’s hard enough to overcome the perception — often a misconception — that nonprofits don’t pay their employees nearly as well as for-profit companies. When benefits are factored in, nonprofits can look more attractive. So you may want to review, and possibly

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R&D Deduction Update

By Martin E. Prendergast, MBAGray, Gray & Gray, LLP The U.S. tax code offers various provisions designed to incentivize business growth and innovation. Among them, Section 174 plays a crucial role by allowing businesses – including many in the architecture, engineering, design, and construction industries – the option to deduct or amortize research and experimental

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Year End Donation - Nonprofit

Boost Year-End Donations to Your Nonprofits

You likely already know that year end is the optimal time for not-for-profits to conduct gift-giving campaigns. Donors are more generous during the holidays, and many people wait until the last minute to make tax-deductible gifts before the Dec. 31 deadline. In fact, according to Double the Donation, 10% of all charitable giving occurs on the

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Gray, Gray & Gray Partner Joe Ciccarello to Retire

Canton, MA (December 1, 2023): Gray, Gray & Gray, LLP, a consulting, accounting and business advisory firm headquartered in Canton, MA, has announced the retirement of longtime Partner C. Joseph “Joe” Ciccarello, CPA, MST. Ciccarello joined Gray, Gray & Gray in 1986 and was elected a Partner in 1992. He served as the firm’s Managing

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Man at Construction Company working on Financial Management

Leveraging Section 179 for Optimal Savings in Construction Companies

By Derrick Rebello, CPA & Brad CarlsonGray, Gray & Gray, LLP In the dynamic and competitive world of construction, good financial management is pivotal. Construction companies have multiple overheads ranging from labor to machinery, all of which can significantly impact their profitability. However, the Internal Revenue Service (IRS) provides some relief in the form of

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7 Ways Outsourcing Your Accounting & Business Office Functions Can Unleash Efficiency

Small and medium-sized enterprises (SMEs) looking to sustain growth face a multitude of challenges, from navigating complex financial regulations to keeping up with the ever-evolving technological landscape. Business owners can find themselves overburdened by administrative tasks, particularly in the areas of accounting and functional business advisory services. Here are seven ways outsourcing these functions can

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