Tom Yuen

As a Partner in Gray, Gray & Gray’s Tax Department, Tom Yuen combines exceptional technical expertise with an ability to develop practical solutions to complicated tax issues.

Essential Financial Moves to Help You Survive the Biotech Winter

By Tom Yuen, CPA, MSTGray, Gray & Gray, LLP The biotechnology and life sciences sector is experiencing one of its most difficult periods in recent memory. What industry insiders have dubbed the “biotech winter” represents a perfect storm of reduced revenue streams, tightened federal funding, elevated interest rates, and increased investor skepticism. As an accountant […]

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Should You Pay the New $100,000 H-1B Fee?

By Tom Yuen, CPA, MST Gray, Gray & Gray, LLP Executive Summary The Trump Administration’s new $100,000 H-1B visa application fee, which went into effect on September 21, 2025, has fundamentally altered the economics of hiring high-skilled foreign workers. This one-time fee applies only to new H-1B petitions for workers from outside the U.S. and

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Maximizing R&D Tax Credits for Life Science Companies

By Tom Yuen, CPA, MSTGray, Gray & Gray, LLP Research and development are the lifeblood of the life science industry. From developing new drugs and medical devices to advancing biomedicine and biotechnology, life science companies pour billions into R&D each year in pursuit of life-changing innovations. However, the R&D process is extremely costly, time-consuming, and

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