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Gray, Gray & Gray Promotes Six Team Members

Canton, MA (August 2, 2019): Gray, Gray & Gray, LLP, a Canton, MA-based certified public accounting and business advisory firm, has announced the promotion of six team members to new positions: Martin Kirshner has been named a Director in the firm’s Client Services Department. He also serves as chair of the firm’s Energy Industry Practice

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Press Release

Gray, Gray & Gray Employees Participate in “Day of Service”

Canton, MA (June 13, 2019):  Several team members from Gray, Gray & Gray Certified Public Accountants in Canton, MA, participated in a “day of service” to give back to a few local charities on Friday, June 7. Team members provided volunteer services at the following locations: Cradles to Crayons (Boston) – Organizing donations Boys &

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Articles

Why Your Accounting Should Be Outsourced

By Kimberly Benevides, CPA, MSTManager at Gray, Gray & Gray, LLP 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

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Protecting Your IP Revenue Stream

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

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Press Release

Gray, Gray, & Gray Ranked Among Top Massachusetts Accounting Firms

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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Press Release

Gray, Gray, & Gray Ranked Among Top New England Accounting Firms

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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Articles

New Law Increases Holding Period for Carried Interests

On the campaign trail, President Trump pledged that tax reform under his leadership would target carried interests — more widely known in the real estate industry as the “promote” in partnership agreements or operating agreements for limited liability companies (LLCs) that are treated as partnerships for tax purposes. In the end, the Tax Cuts and

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Captive Insurance Strategies Can Pay Off For Real Estate Operators

Federal tax law has permitted U.S. businesses to form so-called “captive” insurance companies for many years, and numerous large companies have done so. It’s only relatively recently that the arrangement has gained traction with smaller public and privately owned companies. Could your real estate business benefit from pursuing captive insurance strategies? To find the answer,

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How New Lease Accounting Rules May Impact Landlords and Tenants

By Richard Hirschen, CPA, CGMAGray, Gray & Gray, LLP Changes to the way leases are treated for accounting purposes were issued back in 2016 but are just now becoming effective. The new standard significantly changes how leases are recorded and will have an impact on both tenants and landlords. The new Financial Accounting Standards Board

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