Gray, Gray & Gray, LLP

What’s in the One Big Beautiful Bill Act for Individual Taxpayers?

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The One Big Beautiful Bill Act (OBBBA), signed into law by President Trump on July 4, 2025, represents the most significant tax legislation since the 2017 Tax Cuts and Jobs Act. This comprehensive reform package permanently extends and expands numerous tax provisions while introducing new benefits specifically targeting individual taxpayers, high net worth individuals, business […]

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What’s in the One Big Beautiful Bill Act for Privately Held Businesses?

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The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, represents the most significant tax reform since the Tax Cuts and Jobs Act of 2017, delivering substantial benefits for privately held businesses through permanent tax provisions and enhanced depreciation allowances. Pass-Through Business Tax Benefits The Act permanently extends and enhances the

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Gray, Gray, & Gray Expands Its Gray Leadership Academy Program

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Canton, MA (July 7, 2025):  Gray, Gray & Gray, LLP, a business consulting and accounting firm based in Canton, MA, has announced that Xiaoyi Peng, a CPA and Senior Manager in the firm’s Sage Intacct & Advisory Practice, is the latest addition to its Gray Leadership Academy program. The current Gray Leadership Academy cohort comprises

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Gray, Gray, & Gray Elevates Seven to New Roles

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Canton, MA (July 1, 2025):  Gray, Gray & Gray, LLP, a business consulting and accounting firm based in Canton, MA, has announced the promotion of seven team members to new positions: Jacob Antonitis has been promoted to Senior Staff Accountant in the Audit & Assurance department. He is a graduate of St. Anselm College. Nivetha

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5 Financial Management Challenges Nonprofits Face During a Construction Project

Articles, Construction, Featured Events, News, News & Events, Non-Profit, Sage Intacct / By

For many nonprofits, launching a construction project marks a pivotal moment. Whether it’s building a new sanctuary, expanding a food bank’s warehouse or developing a community center, construction can dramatically increase your organization’s capacity to serve. But along with the promise comes financial complexity- and potential pitfalls. Unlike routine operating expenses, construction introduces a host

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Building with Fiscal Accountability

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Sage Intacct Financial Software for Nonprofit Construction When your nonprofit construction initiative outgrows basic accounting systems, you need more than just software – you need a strategic partner who understands both the technical complexities of enterprise resource planning and the unique financial challenges of mission-driven building projects. Gray, Gray & Gray specializes in implementing Sage

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Gray, Gray & Gray Among Top 100 Largest Private Companies in Massachusetts

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Canton, MA (June 25, 2025): Gray, Gray & Gray, LLP, an accounting and business consulting firm based in Canton, MA, has been included among the 100 largest privately held companies in Massachusetts by the Boston Business Journal. The firm is ranked 99th with annual revenues of $38 million. Earlier this year, Gray, Gray & Gray

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The Importance of Working Capital Analysis in Search Fund Transactions

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By James A. DeLeo, MBA, CPA/MSTGray, Gray & Gray, LLP When working in the entrepreneurship through acquisition (ETA) space, search fund investors and operators face countless critical decisions during the deal process. Among these, understanding and accurately analyzing working capital stands as one of the most consequential, yet frequently misunderstood, aspects of a successful transaction.

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How to Use Simulated Phishing in Cyber Security Training

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By Nathaniel C. Gravel, CISA, CISM, CRISCGray, Gray & Gray, LLP Simulated phishing has become an essential component of comprehensive security training programs. This practice isn’t just for enterprise-level organizations – businesses of all sizes can and should implement phishing simulations to strengthen their security posture and meet compliance requirements. Understanding Phishing and Its Dangers

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Creating a Business Continuity Plan to Mitigate Cyber Risks

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By Nathaniel C. Gravel, CISA, CISM, CRISC Gray, Gray & Gray, LLP In today’s digital-first business environment, cyber risks are no longer a matter of “if” but “when.” For business owners, CEOs and CFOs, the stakes are higher than ever. A single cyber incident can disrupt operations, erode customer trust and result in significant financial

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