Canton, MA (September 26, 2022): A team of runners from Gray, Gray & Gray, LLP, a consulting, accounting and business advisory firm headquartered in Canton, MA, participated in the 18th annual Canton Road Race on Sunday, September 25, 2022. Gray, Gray & Gray also donated $1,000 in support of the race sponsor, the Canton Association […]
Gray, Gray & Gray Runners Compete in 18th Annual Canton Road Race Read More »
By Martin E. Prendergast Gray, Gray & Gray, LLP While the recently enacted Inflation Reduction Act is making headlines for its energy and healthcare facets – along with a big ramp up in IRS muscle – there are several provisions that could benefit practitioners in the architectural and engineering fields. Here are some highlights of
Architects and Engineers Benefit from Inflation Reduction Act Read More »
Canton, MA (August 31, 2022): For the second consecutive year, Gray, Gray & Gray, LLP (www.gggllp.com), a certified public accounting, consulting and business advisory firm based in Canton, MA, has been named to “Best of the Best” as one of the nation’s best-managed firms by INSIDE Public Accounting magazine. Gray, Gray & Gray is the
Gray, Gray & Gray Named to “Best of the Best” Accounting Firms for Second Year in a Row Read More »
If your organization has met the IRS qualifications to be considered tax-exempt, the income you receive — such as donor contributions — is exempt from federal income tax. However, it’s still possible for not-for-profits to follow the rules and experience adverse tax consequences. Here are five potential tax traps that could catch you off guard. 1.
Avoiding Nonprofit Tax Traps Read More »
Hear Gray, Gray & Gray’s Jim DeLeo, Dunn Rush & Co. LLC’s Greg Rush, Mintz’ Kurt Steinkrauss and BankProv’s Gabrielle Piasio explain the benefits of attending our upcoming in-person DealMakers event on September 14th. This event is a must for those who are looking to sell their business or grow their business through acquisition. Take
Why You Should Attend The September 14th DealMakers Event Read More »
Do you have a relatively new business with less than $1 million in annual gross revenues? You may be eligible for as much as $100,000 in tax credits. Under the American Recovery Rescue Plan, a company founded or incorporated after February 15, 2020 may be classified as a “Recovery Startup Business.” These recent startups (provided
Recent Startup? You Could Be Eligible for Up to $100,000 in Tax Credits Read More »
If your not-for-profit organization operates on a calendar-year tax basis, the deadline for filing your year-end Form 990 (Form 990 EZ for certain small organizations) is May 15. Besides filing on time, you must ensure the information provided on your form is accurate. Pay particular attention to the following eight issues that commonly trip up nonprofits:
Preparing Form 990: Pay Attention to These Eight Items Read More »
About the Episode: In the first episode of the Mind Your Business Series podcast, a group of key leaders in the professional services space discusses current topics and issues surrounding the real estate market, including interest rates, the pandemic’s impact on the market, what’s changed since ’07/’08, wealth transfer, and much more. Discover ways to
We are pleased to announce the release of this year’s Energy & Propane Industry Survey results! This year, our survey looked at challenges resulting from the Russia/Ukraine conflict and how companies like yours have adapted. Additionally, the data collected this year has again been augmented by financial and operational data developed by Angus Energy, a
The Results Are in! Gray, Gray & Gray’s Annual Energy & Propane Industry Survey Read More »
The 403(b) plan is often thought of as a 401(k) plan for nonprofits. It’s probably not the only option for your not-for-profit, but it can provide certain advantages over 401(k)s. Following is a brief rundown. Generous Contribution Limits A 403(b) plan is a tax-favored qualified retirement plan set up for employees of not-for-profit organizations, including charities,
Is a 403(b) Plan Right for Your Nonprofit? Read More »