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IRS Updates R&D Tax Credit Form

Significant changes are coming to how businesses report their Research and Development (R&D) tax credits. The Internal Revenue Service has recently released draft revisions to Form 6765, marking the most substantial revision in the form’s history. Here’s what business owners and financial managers need to understand about these changes. New Reporting Requirements for 2024 For […]

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Venice Williams Promoted to Tax Director at Gray, Gray & Gray

Canton, MA (January 16, 2025): Gray, Gray & Gray, LLP, a nationally recognized business consulting and accounting firm based in Canton, MA, has announced that Venice Williams, CPA, MST has been promoted to Director of Tax. Her new role will include responsibility for strategic tax planning, ensuring tax compliance, management of internal tax teams, and

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Developing A 5-Year Strategic Plan For Fuel Distributors

Success lies in balancing traditional operational excellence with innovation and adaptation to changing market conditions By Martin D. Kirshner, CPA, MSAGray, Gray & Gray, LLP Table of Contents The heating oil and propane distribution industry faces both challenges and opportunities as we move forward. After 17 years of advising fuel distributors, I have observed that

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Massachusetts Raises Financial Reporting Thresholds for Nonprofits

The Commonwealth of Massachusetts has recently implemented significant changes to its financial reporting requirements for nonprofit organizations, marking an important shift that affects hundreds of organizations across the state. These changes reflect a more nuanced approach to financial oversight that better aligns with today’s economic realities. Under previous regulations, nonprofits with annual gross support and

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5 Ways for Your Nonprofit to Weather Economic Uncertainty

No one can predict with certainty where the U.S. economy will be at the end of 2024 or in 2025. The presidential election, interest rates, inflation, overseas conflicts and the recent stock market performance all could influence the macroeconomic direction. So it’s prudent for nonprofit leaders to hope for the best but also plan for

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10 Ways To Leverage Advanced Analytics To Boost Profits

By Martin D. Kirshner, CPA, MSAGray, Gray & Gray, LLP Table of Contents Energy dealers looking to position their companies for sustainable growth and success will do well by harnessing the potential of data-driven insights. Let’s look at 10 ways a dealer can leverage available software and analytics tools to optimize operations, enhance customer service,

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Videos

Gray, Gray & Gray The Power of More Video

https://youtu.be/U4xuc-5XDw4?si=Eqix7yVW3c7cP-4W Discover the Power Behind Gray, Gray & Gray! Take an inside look at how our team brings The Power of More to each client —delivering world-class service and building lasting partnerships rooted in trust and dedication. At Gray, Gray & Gray, we believe in the Power of More and strive to provide clients with

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