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Intuit Pushes QuickBooks Online Subscriptions

End of Desktop Ownership and Subscription Shuffle By Lisa SullivanGray, Gray & Gray, LLP Intuit is shaking things up with its flagship product, QuickBooks. The company is making significant changes to its accounting software, pushing users towards the cloud-based QuickBooks Online and phasing out ownership options for the Desktop version. This shift has left many […]

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Time is Money, But Money Takes Time

Time is Money, But Money Takes Time: Why Growing Businesses Need Financial Expertise For any small- and medium-sized business (SMB) owner, the mantra “time is money” rings true. Every minute spent tackling one task is a minute taken away from another. It’s a constant balancing act: overseeing operations, managing inventory, addressing human resources, marketing the

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Future Proofing Your Business Through Strategic Planning

By Bryan E. Pearce Director of Strategic Business Planning Gray, Gray & Gray, LLP The imperative for robust strategic planning has never been more critical. This white paper underscores the pivotal role strategic planning plays in enabling businesses to navigate through uncertainty, adapt to changing market dynamics, and seize opportunities for growth and resilience. Drawing

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Videos

Recognizing When Your Business Has Outgrown Its Financial Software Video

https://youtu.be/gW2jz8R5Hhw?si=LM9z01rV1hH6Ysqi As businesses evolve, the financial software that once seemed perfectly adequate can become a bottleneck, hindering growth rather than facilitating it. Recognizing the signs that your company has outgrown its basic bookkeeping and financial management software is crucial for maintaining efficiency, accuracy, and competitive edge. Upgrading to a more robust platform like Sage Intacct can offer

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Videos

5 Ways Outsourcing Can Transform Financial Management for Growth-Oriented SMEs Video

Growth-oriented small- and medium-sized enterprises (SMEs) face a constant challenge: balancing the pursuit of expansion with the need for sound financial management. As SMEs navigate the complexities of growth, their financial operations often become strained, leading to inefficiencies, resource constraints, and even impeded growth prospects. In such scenarios, outsourcing non-core business functions like accounting and

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a person sitting at a desk with their head in their hands

Recognizing When Your Business Has Outgrown Its Financial Software

As businesses evolve, the financial software that once seemed perfectly adequate can become a bottleneck, hindering growth rather than facilitating it. Recognizing the signs that your company has outgrown its basic bookkeeping and financial management software is crucial for maintaining efficiency, accuracy, and competitive edge. Upgrading to a more robust platform like Sage Intacct can

Recognizing When Your Business Has Outgrown Its Financial Software Read More »

three people working on a project at a desk

5 Ways Outsourcing Can Transform Financial Management for Growth-Oriented SMEs

Growth-oriented small- and medium-sized enterprises (SMEs) face a constant challenge: balancing the pursuit of expansion with the need for sound financial management. As SMEs navigate the complexities of growth, their financial operations often become strained, leading to inefficiencies, resource constraints, and even impeded growth prospects. In such scenarios, outsourcing non-core business functions like accounting and

5 Ways Outsourcing Can Transform Financial Management for Growth-Oriented SMEs Read More »

M&A Blocks, Hands

Avoiding Unexpected Tax Implications in Mergers and Acquisitions

By James DeLeo, MBA, CPA/MST & Kelly Berardi, JD, LL.M.Gray, Gray & Gray, LLP One of the most important aspects of any M&A deal is the tax planning. While experienced dealmakers know to expect certain tax consequences, there are often unexpected tax implications that can arise. These unexpected tax bills can have a significant impact

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Gray, Gray, & Gray Ranked Among Top Massachusetts Accounting Firms by Boston Business Journal

Canton, MA (February 14, 2024):  Gray, Gray & Gray, LLP, an accounting and business consulting firm based in Canton, MA, has been ranked as the 17th largest accounting firm in Massachusetts by the Boston Business Journal, up two spots from the previous year’s position. The publication’s annual rankings are based on the size of the

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Sales and Use Tax Five Years After Wayfair

By Derek Rawls, CPA, MSTGray, Gray & Gray, LLP The landmark Supreme Court decision in South Dakota v. Wayfair, Inc. in 2018 fundamentally altered the landscape of sales and use tax compliance for businesses with multistate sales. By overturning the physical presence requirement, the Court paved the way for states to require remote sellers to

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