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Further Clarification on Paycheck Protection Program and Tax Relief

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The speed at which tax relief and financial support legislation has been enacted and implemented has resulted in some confusion and “tweaks” when it comes to final execution. We have been monitoring the various programs and are happy to pass along some clarification regarding the federal Paycheck Protection Program (PPP) and Massachusetts tax relief efforts. […]

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Cybersecurity Threats Rise During Covid-19 Outbreak

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As millions of Americans follow social distancing advisories by working from home, and federal and state governments rush to provide financial relief for the economic disruption, online criminals are attempting to take advantage of the situation. The Internal Revenue Service (IRS) has issued a warning that a surge of scam phone calls and email phishing

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SBA Releases Guidance on Paycheck Protection Program

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The Small Business Administration (SBA) has released guidelines on the Paycheck Protection Program (PPP) – a key portion of the recently enacted CARES Act. The PPP has up to $349 billion available for low-interest loans to help small businesses meet payroll and overhead costs through the next few months. While applications for the PPP are

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How Will the CARES Act Impact You and Your Business? Summary of Key Points

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President Donald Trump signed into law the historic Coronavirus Aid, Relief and Economic Security (CARES) Act, a $2 trillion stimulus package to provide economic support to both individuals and businesses during the ongoing coronavirus crisis. This massive legislation goes far beyond tax policy changes to encompass a wide range of unemployment extensions and enhancements, and

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Senate Passes Economic Relief Package

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The U.S. Senate has unanimously passed the Coronavirus Aid, Relief and Economic Security (CARES) Act, a $2 trillion relief and stimulus package to provide economic support during the ongoing coronavirus crisis. An excellent summary of the Senate’s bill prepared by the Tax Foundation can be found here. While the Senate passed the bill unanimously, the

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Resources to Help Mitigate Coronavirus Losses in Massachusetts

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The unprecedented economic disruption caused by the coronavirus outbreak is putting pressure on many businesses that are experiencing closures, lost customers and reduced cash flow. Gray, Gray & Gray is available to assist businesses of all sizes as they work to cope with the challenges posed by this health and economic crisis. We are launching

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Cybersecurity and the Coronavirus

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As more and more people are working from home to limit exposure and the spread of the novel Covid-19 “coronavirus,” it is important that we all increase our vigilance against unscrupulous cyber criminals who are eager to take advantage of this national crisis for their own benefit. The U.S. Secret Service has issued guidance related

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Press Release

Accounting Today Ranks Gray, Gray, & Gray Among Top New England Accounting Firms

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Canton, MA  (March 16, 2020): Gray, Gray & Gray, LLP, a business advisory and accounting firm based in Canton, MA, has been ranked as the ninth largest independent accounting firm in New England by Accounting Today, the accounting industry’s leading publication. The annual rankings are based on firm revenues. Gray, Gray & Gray’s annual revenues

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Gray, Gray & Gray Ranked Among Top Massachusetts Accounting Firms

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Canton, MA (February 18, 2020):  Gray, Gray & Gray, LLP of Canton, MA, has held its position as the 21st largest accounting firm in Massachusetts, as ranked by the Boston Business Journal. The publication’s annual rankings, which were released on February 14,  are based on the size of the firm’s professional staff in the state

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Bryan Pearce Joins Gray, Gray & Gray to Launch Strategic Business Planning Practice

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Canton, MA (February 4, 2020): Gray, Gray & Gray, LLP , one of New England’s leading accounting and advisory firms, has announced that Bryan Pearce has joined the firm as Director of a newly formed Strategic Business Planning Practice Group. Pearce leads a team of authoritative professionals from across a range of disciplines to assist

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