News & Events

Massachusetts Raises Financial Reporting Thresholds for Nonprofits

The Commonwealth of Massachusetts has recently implemented significant changes to its financial reporting requirements for nonprofit organizations, marking an important shift that affects hundreds of organizations across the state. These changes reflect a more nuanced approach to financial oversight that better aligns with today’s economic realities. Under previous regulations, nonprofits with annual gross support and

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5 Ways for Your Nonprofit to Weather Economic Uncertainty

No one can predict with certainty where the U.S. economy will be at the end of 2024 or in 2025. The presidential election, interest rates, inflation, overseas conflicts and the recent stock market performance all could influence the macroeconomic direction. So it’s prudent for nonprofit leaders to hope for the best but also plan for

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Gray, Gray & Gray to Host Free Year End Planning Seminar

Canton, MA (October 21, 2024):  Gray, Gray & Gray, LLP, one of the country’s leading consulting, accounting and business advisory firms, will host “Striving for Greater Success in 2025: Adapting and Innovating for the Year Ahead,” a free year-end planning seminar for businesses and individuals. The seminar will be held on Thursday, December 5, 2024,

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Sun or Storm? Forecasting Your Nonprofit’s Financial Future

Have you seen the forecast? No, not the weather forecast — but your not-for-profit’s financial forecast. Financial forecasting is critical to any organization’s good health, but it can be more difficult for nonprofits than for businesses. After all, you usually can’t predict how many donors you’ll have in the future, how much they’ll contribute or

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Gray, Gray & Gray Runners Tackle Canton Road Race

Canton, MA (October 1, 2024): A team of runners from Gray, Gray & Gray, LLP, a consulting, accounting and business advisory firm in Canton, MA, participated in the 20th annual Canton Road Race on Sunday, September 29, 2024. A crowd of nearly 500 runners competed in events including 5K and 10K races, with a corporate challenge and a kids’

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The Results Are In! Gray, Gray & Gray’s 2024 Energy & Propane Industry Survey

We are pleased to announce the release of this year’s Energy & Propane Industry Survey results! This year, we introduced our 33rd annual Energy Industry Survey, an efficient survey experience which continued providing companies like yours with key benchmarking data for their present and future success. With a greater focus on two important and timely topics

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Gray, Gray, & Gray Ranked Among Top 200 Accounting Firms in U.S. for 12th Consecutive Year

Canton, MA (July 29, 2024):   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 144th largest accounting firm in the U.S., ten

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The Potential Ripple Effects of Connelly v. United States on Business Succession Planning

By Bryan E. Pearce & Kelly A. Berardi, JD, LL.M.Gray, Gray & Gray, LLP Companies whose business succession planning includes the use of life insurance policies to fund a buy/sell agreement may have to go back to the drawing board. The recent U.S. Supreme Court decision in Connelly v. United States has significant implications for

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Gray, Gray, & Gray Expands Its Gray Leadership Academy Program to Welcome Nine Team Members in 2024

Canton, MA (July 15, 2024):  Gray, Gray & Gray, LLP, a business consulting and accounting firm based in Canton, MA, has announced that nine team members have been invited to join in its Gray Leadership Academy program in 2024. Gray Leadership Academy is an innovative multi-year training program for development of the firm’s future leaders.

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