Gray, Gray & Gray, LLP

Strategy Session: The Importance of Understanding Your Customers

Discover proven, accessible approaches to thinking strategically about your business in order to make more informed decisions, with a focus on the six business drivers that will put you in a position to succeed. By Bryan E. Pearce Director of Strategic Business Planning Gray, Gray & Gray, LLP “If you don’t have a customer, you […]

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Press Release

Gray, Gray & Gray Ranked Among Top Massachusetts Accounting Firms

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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Articles

New Accounting Rules for Software Sales Commissions

By Jim Donellon, CPA, MSA Partner, Gray, Gray & Gray, LLP How the costs of obtaining a contract are accounted for has changed. And its complicated, particularly for software and SaaS companies who compensate salespeople on a commission basis. This new guidance aligns the costs of obtaining a contract with the timing of recognizing the

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Strategy Session

Strategy Session: The Importance of Strategic Planning in Today’s Rapidly Changing Business Environment

Discover proven, accessible approaches to thinking strategically about your business in order to make more informed decisions, with a focus on the six business drivers that will put you in a position to succeed. By Bryan E. PearceDirector of Strategic Business PlanningGray, Gray & Gray, LLP “Change has never happened this fast before, and it

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Press Release

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

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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Press Release

Tom Yuen Elected Partner at Gray, Gray & Gray

Canton, MA (February 4, 2020): Tom Yuen, CPA, MST, has been elected a partner at Gray, Gray & Gray, LLP, a certified public accounting and advisory firm based in Canton. Yuen had previously served as a Director in the firm’s Tax Department. He oversees strategic tax planning for a wide range of clients on the

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Articles

New Accounting Standards for Software as a Service Contracts

When software programs were installed from a floppy disc or CD-ROM it was easier to identify and account for implementation costs. But the move to cloud computing and SaaS (Software as a Service) muddied the accounting waters. Last year the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU-2018-15) to address the issue. The

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Press Release

Forbes Names Gray, Gray & Gray Among “Most Recommended” Accounting Firms

Canton, MA (December 19, 2019):  Gray, Gray & Gray, LLP has been recognized by Forbes magazine as one of the most recommended firms for tax and accounting services in the U.S. Forbes partnered with market research company Statista to create a list of the firms most frequently recommended by other professionals in the accounting and corporate community.

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Articles

Independent Contractor or Employee? Varying Tests

By Michael D. Koppel, CPA, PFS, CITP, MBARetired PartnerDecember 1, 2019 Editor: Marcy Lantz, CPA It is not unusual to read news stories about companies being sued for classifying workers as independent contractors when they claim to be employees. Being designated an employee can have a profound effect on everything from overtime pay to fringe

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