Gray, Gray & Gray, LLP

Articles

IRS Backlog May Delay Returns

Be prepared to wait for your tax refund again this year. The Internal Revenue Service (IRS) has issued a statement warning that, due to office closures, staffing shortages, and multiple new tax initiatives and programs, the backlog that built up during the pandemic will likely lead to delays in processing tax returns again this year. […]

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Articles

Mileage Deduction Rates Rise for 2022

With travel for business purposes rebounding as pandemic restrictions are eased, it is good to know that you will be able to deduct a little more for your automobile mileage in 2022. The standard mileage rate for 2022 will be 58.5 cents per mile, an increase of 2.5 cents per mile over the 2021 rate.

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SafeSend

SAFESEND FREQUENTLY ASKED QUESTIONS (FAQ)

What is SafeSend Gather? SafeSend Gather helps streamline your tax information collection process while ensuring the highest level of security and confidentiality for your sensitive information. While you are completing your organizer, you can also upload your tax documents and transmit all information electronically to your Gray, Gray & Gray accountant. SafeSend is a user-friendly

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Articles

Don’t Run Afoul of Private Inurement Rules

Most not-for-profit executives are aware of the prohibition against private inurement. Generally, nonprofit directors and executives — and their family members — aren’t allowed to personally benefit from their positions while putting their organization at a disadvantage. Penalties for violating the private inurement mandate could include financial sanctions for violators and, in the rare worst-case scenario,

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Press Release

Gray, Gray & Gray Sponsors Smart Business Dealmakers Boston Conference

Canton, MA (December 1, 2021):  Gray, Gray & Gray, LLP (www.gggllp.com), a consulting, business advisory, and certified public accounting firm based in Canton, MA, is a co-sponsor of the January Smart Business Dealmakers Boston Conference, a virtual event to be held on January 20, 2022. The Conference connects thousands of local dealmakers, from middle-market CEOs to

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Videos

Infrastructure Bill and Propane Video

https://youtu.be/KLmUqAzRlX0 The Infrastructure Investment and Jobs Act includes $7 billion in propane-related initiatives. Watch this quick video to learn how this infrastructure act could provide new or expanded opportunities for your propane business. Want to know more? Also, be sure to read our recent article on Infrastructure Act includes $7 Billion for Propane for more

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