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Press Release

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

Canton, MA (July 15, 2021):   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 165th largest accounting firm in the U.S. (up […]

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Press Release

Gray, Gray & Gray Awards College Scholarship to Local High School Students

Canton, MA (July 15, 2021):  Gray, Gray & Gray, LLP, a business consulting and accounting firm based in Canton, MA, has announced the winners of a Gray, Gray & Gray, LLP Scholarship, a $2,000 scholarship awarded to 2021 graduates who will be attending a four-year accredited college and majoring in accounting. Three scholarships have been

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Articles

How Your PPP Loan Can Impact Overhead Rate Calculation… and What You Can Do About It

By Richard Hirschen, CPA, CGMA Gray, Gray & Gray, LLP Architects, engineers and construction companies that work under federal contracts and received a Paycheck Protection Program (PPP) loan face a dilemma when performing their annual overhead rate calculation. If you received a PPP loan that was forgiven – or are considering applying for loan forgiveness

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Press Release

Gray, Gray, & Gray Promotes Five Team Members

Canton, MA (July 12, 2021):  Gray, Gray & Gray, LLP, a business consulting and accounting firm based in Canton, MA, has announced the promotion of five team members to new positions: Elvira Lawlor, CPA, MBA has been promoted to Tax Manager. She is a member of the firm’s Architecture, Engineering & Design Practice Group. A

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Press Release

Gray, Gray, & Gray Promotes Bill Constantopoulos to Sage Intacct & Advisory Practice Director

Canton, MA (July 1, 2021): Bill Constantopoulos has been promoted to Sage Intacct & Advisory Practice Director at Gray, Gray & Gray, LLP, a certified public accounting and advisory firm based in Canton, MA. Constantopoulos previously served as Manager in the Sage Intacct & Advisory Practice. He directs the design, transition and implementation process for

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Articles

IRS May Claw Back Advance Child Tax Credit

The federal government will begin sending advance child tax credit payments to an estimated 39 million American families in mid-July. A total of six monthly payments will be made during 2021, representing half of the expected child tax credit eligible taxpayers can use when filing their 2021 tax return. But shifting economic conditions and a

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Podcasts by Gray, Gray & Gray

Strategic Thinking Podcast: Bryan Pearce Interviews Jen Harrington of HATCH The Agency

About the Episode: Host Bryan Pearce, Director of Strategic Business Planning at Gray, Gray & Gray, interviews Jen Harrington, Founder and President of HATCH The Agency. HATCH is a branding agency that works with a broad range of clients to creatively define their brand and successfully bring it to life in the market, often when

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Articles

R&D Capitalization Starts Next Year (Maybe). Are You Ready?

By Tom Yuen, CPA, MST Since 1954 taxpayers have been able to fully deduct research & development (R&D) costs during the tax year in which they occurred, if they chose to do so. The option for an immediate deduction was seen as a way to spur innovation. But that option is coming to an end

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Articles

Balancing Tax Credits with COVID Stimulus

By Martin E. Prendergast, MBAGray, Gray & Gray, LLP As tough as the past year has been for many architectural, engineering and design firms, there have been a number of federal programs put in place to help retain employees and ease the burden imposed by the extended economic upheaval. While most people are familiar with

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Articles

PPP Forgiveness Deadline Looming

By Martin E. Prendergast, MBAGray, Gray & Gray, LLP Have you applied for PPP loan forgiveness yet? If not, you’d better hurry. Architectural, engineering and design firms that received a Paycheck Protection Program (PPP) loan during the “first draw” period in 2020, and who followed the SBA guidelines for using loan proceeds, can apply for

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