Canton, MA (July 29, 2024): Gray, Gray, & Gray, LLP (www.gggllp.com), a certified public accounting and business advisory firm in Canton, MA, 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 144th largest accounting firm in the U.S., ten […]
By Bryan E. Pearce & Kelly A. Berardi, JD, LL.M.Gray, Gray & Gray, LLP Companies whose business succession planning includes the use of life insurance policies to fund a buy/sell agreement may have to go back to the drawing board. The recent U.S. Supreme Court decision in Connelly v. United States has significant implications for
Canton, MA (July 15, 2024): Gray, Gray & Gray, LLP, a business consulting and accounting firm based in Canton, MA, has announced that nine team members have been invited to join in its Gray Leadership Academy program in 2024. Gray Leadership Academy is an innovative multi-year training program for development of the firm’s future leaders.
Canton, MA (July 11, 2024): Gray, Gray & Gray, LLP, a business consulting and accounting firm based in Canton, MA, has announced the promotion of 14 team members to new positions: Miyabi Armstrong has been promoted to Senior Staff Accountant in the Audit Department. She is a graduate of UMass-Boston and joined the firm in
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Canton, MA (June 24, 2024): More than 40 staff members from Gray, Gray & Gray, LLP, a business consulting and accounting firm based in Canton, MA, took part in a “Day of Service” on Thursday, June 20, in conjunction with the statewide MassCPAs initiative on giving back to the community. Team members spent the day
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The potential consequences of the Senate failing to pass H.R. 7024, the Tax Relief for American Families and Workers Act of 2024, are numerous, as this crucial legislation addresses several important tax issues. One of the most significant for businesses is the proposed addback of depreciation, amortization, and depletion when determining adjusted taxable income under
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By Bill ConstantopoulosGray, Gray & Gray, LLP As financial software consultants, we have seen firsthand how challenging and time-consuming audit preparation can be for businesses. Gathering information from various departments, locations, and accounts can be a daunting task, especially when using disparate systems and manual processes. However, with the advent of advanced enterprise software platforms
Simplifying Audit Preparation with Sage Intacct Read More »
By Tom Yuen, CPA, MSTGray, Gray & Gray, LLP Research and development are the lifeblood of the life science industry. From developing new drugs and medical devices to advancing biomedicine and biotechnology, life science companies pour billions into R&D each year in pursuit of life-changing innovations. However, the R&D process is extremely costly, time-consuming, and
Maximizing R&D Tax Credits for Life Science Companies Read More »
By Nathaniel C. Gravel, CISA, CISM, CRISC As a cybersecurity consultant, I’ve seen firsthand the devastating impact that a data breach can have on small and medium-sized businesses (SMBs). While the immediate costs of a ransom payment or fine may seem daunting, the hidden costs that follow can be even more detrimental to a company’s
The Hidden Costs of a Data Breach for Small- and Medium-Size Businesses Read More »
By James DeLeo, MBA, CPA/MST & Richard Frizzell, CPA, MSAGray, Gray & Gray, LLP Mergers and acquisitions (M&A) come with inherent risks. To mitigate these risks, comprehensive due diligence is essential. Due diligence is the process of investigating a target company to assess its financial health, business operations, and legal compliance. Financial due diligence is
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