In order to remain competitive, businesses today must remain nimble, run lean, and streamline operations. The result is pressure to do more with fewer resources. These imperatives run across all types and sizes of businesses. One solution that many companies are taking advantage of is outsourcing select functions to achieve greater efficiencies and cost savings. […]
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By Kevin Howley and Alex Montgomery What is one’s intellectual property (IP) worth? That’s an important question for a business or individual who holds a patent, trademark or copyright. Of equal interest is how to guarantee that the owner of the IP is adequately and fully compensated for its use by licensees. That is where
Protecting Your IP Revenue Stream Read More »
Canton, MA (April 1, 2019): Gray, Gray & Gray, LLP of Canton, MA, has been ranked as the 21st largest accounting firm in Massachusetts by the Boston Business Journal. The annual rankings are based on the size of the firm’s professional staff in the state and include both independent firms and regional offices of large
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Canton, MA (April 1, 2019): Gray, Gray & Gray, LLP of Canton, MA, has been ranked as the ninth largest accounting firm in New England by Accounting Today, the accounting industry’s leading publication. The annual rankings are based on firm revenues. Gray, Gray & Gray is the fourth largest Massachusetts-based firm. “We are pleased to
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By Kevin F. HowleyGray, Gray & Gray, LLP If you are a licensor of intellectual property, royalty payments are at the core of the value of your business. Your investment of time, talent and capital is repaid in installments from licensees. They are not sharing in their success, but fulfilling their end of a business
5 Red Flags of License Royalty Payment Problems Read More »
Canton, MA (August 16, 2018): James Donellon, CPA, MSA, has been elected a partner at Gray, Gray & Gray, LLP, a certified public accounting and advisory firm based in Canton, MA. The announcement was made by James DeLeo, Leading Partner of the firm. Donellon joined Gray, Gray & Gray in 2006, and most recently served
James Donellon Elected Partner at Gray, Gray & Gray CPAs Read More »
Many people panic at the thought of interacting with the Internal Revenue Service (IRS). The thought of an audit or review of tax returns can be worrisome. But there is no need to go to pieces. If you have an encounter with the IRS – such as an audit or letter of inquiry – the
Your Rights as a Taxpayer Read More »
By Derek B. Rawls, CPA, MST My physician has advised me to avoid too much salt in my diet. Studies have shown that excess salt intake can raise blood pressure. The same can happen when a business finds too much SALT – State and Local Taxes – in its diet. While there is much speculation
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By Richard P. Feilteau, CPA, CVA How much is your business worth? That is not a speculative question, or one that should be answered with a “ballpark” guess. Attaching an accurate valuation to a company is a critical part of ongoing business strategy. Exit Strategy Planning. If you are planning to sell your business it
Top 10 Reasons for a Business Valuation Read More »
By Michael D. Koppel, CPA, PFS, CITP, MBARetired Partner at Gray, Gray & GrayDecember 1, 2016 A personal service corporation is a C corporation that performs services in the professions listed in Sec. 448(d)(2)(A) and substantially all of the stock of which (by value) is held directly or indirectly by employees of the corporation and
Why Personal Service Corporations Should Care About the Amount Paid to Shareholders Read More »