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Group photos of runners at Canton Road Race on Gray, Gray & Gray team

Gray, Gray & Gray Runners Complete 19th Annual Canton Road Race

Canton, MA (September 28, 2023): A team of competitors from Gray, Gray & Gray, LLP, a consulting, accounting and business advisory firm headquartered in Canton, MA, participated in the 19th annual Canton Road Race on Sunday, September 24, 2023. Nearly 400 runners competed in events including 5K and 10K distances, with a corporate challenge and

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The Results Are In! Gray, Gray & Gray’s Annual Energy & Propane Industry Survey

We are pleased to announce the release of this year’s Energy & Propane Industry Survey results! This year, we introduced a streamlined survey, while still providing the important benefits of helping to establish the most up-to-date industry benchmarks and the standards by which company performance is measured. We also placed an increased focus on two

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Data Security Safeguards Rules Extended to Additional Industries

By Nathaniel C. Gravel, CISA, CISM, CRISC The Graham-Leach-Bliley Act (GLBA), formally recognized as the Financial Modernization Act of 1999, has long served as a regulatory keystone in the United States financial sector. Originally conceived to break down barriers between commercial banks, investment banks, and insurance companies, the Act has undergone several expansions and interpretations

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Right Sizing Your Financial Management Software

By Bill ConstantopoulosGray, Gray & Gray, LLP  As your construction business grows and evolves, your needs change. This holds particularly true for financial management systems. If your business started small, you may have initially chosen a software solution appropriate for startups and small businesses. But over time, as your business operations have expanded, you may

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Cyber Insurance Digital Graphic

12 Policies & Practices You May Need to Adopt to Be Eligible for Cyber Insurance

By Nathaniel C. Gravel, CISA, CISM, CRISC In today’s digital landscape, cybersecurity is not just an IT issue but a significant business risk. With cyber threats growing more sophisticated, businesses are increasingly turning to cyber insurance as a way to mitigate the financial impacts of cyberattacks and data breaches. However, obtaining cyber insurance isn’t as

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Gray, Gray, & Gray Promotes 12 Team Members

Canton, MA (August 15, 2023):  Gray, Gray & Gray, LLP, a business consulting and accounting firm based in Canton, MA, has announced the promotion of 12 team members to new positions: Abigail Cox, MBA has been promoted to Senior Staff Accountant in the Audit & Assurance Department. She is a graduate of the University of

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Got a “Business” Idea? You Might Want to Form a Nonprofit

Do you have an idea for a new venture with social benefits or environmental applications? You can set up as a for-profit entity — such as a C corporation, S corporation or limited liability company — with charitable functions. Or, if your key objectives are more altruistic, you may want to consider an alternative: forming a

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Ins and Outs of Private Foundations

The term “501(c)(3) organization” — which refers to the Internal Revenue Code section governing not-for-profit entities — often is used interchangeably with “public charity.” But not all 501(c)(3) organizations are public charities. Some are private foundations, and they’re subject to different tax rules. Individual and Family Charity A private foundation is a 501(c)(3) organization created by

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Press Release - Inside Public Accounting Top 200 Firms

Gray, Gray, & Gray Ranked Among Top 200 Accounting Firms in U.S. for 11th Consecutive Year

Canton, MA (July 27, 2022):   Gray, Gray, & Gray, LLP (www.gggllp.com), a certified public accounting and business advisory firm in Canton, MA, has been named one of the country’s Top 200 accounting firms by INSIDE Public Accounting magazine. The publication ranked Gray, Gray & Gray as the 154th largest accounting firm in the U.S. and

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