Profile cover photo
Profile photo
Gray, Gray & Gray, LLP
23 followers -
Serving your tax, accounting, and business advisory needs
Serving your tax, accounting, and business advisory needs

23 followers
About
Posts

Post has attachment
Deducting interest on mortgage and home equity loans has been a benefit for taxpayers for more than a century. But, under the new Tax Cuts and Jobs Act, the rules governing the deduction of interest paid on home loans have changed.
Add a comment...

Post has attachment
The recently passed Bipartisan Budget Act of 2018 not only funds the federal government for the next two years, it also includes a one-year retroactive extension of the Energy Efficient Commercial Building deduction (Section 179D). This is good news for commercial property owners, as this deduction can now be applied to 2017 tax returns for eligible projects.
Add a comment...

Post has attachment
Don't Miss Upcoming Webinars from Gray, Gray & Gray This Winter!
Join us for important webinars on topics such as tax reform, new rules on partnership audits, valuing a business, and more!

Register Now! New Partnership Audit Rules Explained December 20, 2017 at 4:00 PM EST
If you are in a partnership or a Limited Liability Company (LLC) that files as a partnership, the beneficial "protection" against the consequences of a tax audit you have enjoyed for decades may be coming to an end. A new Centralized Partnership Audit program created by Congress and managed by the IRS goes into effect on January 1, 2018. This program is designed to bring about more widespread collection of taxes from certain partnerships for tax years beginning after 2017. However, there is an opportunity for many partnerships to "opt out" of the Centralized Partnership Audit program. But only if you meet certain requirements by January 1 – just a few weeks away. Gray, Gray & Gray Tax Partner Emeritus Mike Koppel is ready to help you gain a better understanding of the program and the requirements for opting out. Click the link below for more details and to register today.
Add a comment...

Post has attachment
If your business sponsors an employee retirement plan, you have a fiduciary responsibility to make sure the plan is governed and operated in compliance with federal guidelines and regulations. These rules are designed to protect both plan sponsors and participants, and apply to a wide range of plan types, including 401(k), 403(b), SEP, SARSEP, Simple IRA, and other plans.

Fortunately, the Internal Revenue Service (IRS) provides a number of helpful checklists and guides to help plan sponsors more fully understand their responsibilities. http://www.gggcpas.com/IRS-Checklists-for-Retirement-Plan-Sponsors
Photo
Add a comment...

Post has attachment
Where is Your Business Heading in 2018? Don't Miss Gray, Gray & Gray's Year-End Business Planning Seminar on November 7th! We have assembled a lineup of leading business authorities to provide expert insight and actionable recommendations for making the future a bright one for your business. Join us as our guest for the following sessions:

What's Your Magic Number?
Tax Update
Cyber Security
The Outlook for Business One Year into the Trump Presidency

Learn more and register now at http://www.gggcpas.com/2018BusinessPlanning

#BusinessPlanning
Photo
Add a comment...

Post has attachment
Where is your business heading in 2018? There's less than one month until Gray, Gray & Gray's Year-End Business Planning Seminar on November 7th! Click below for more details and to register today. #BusinessPlanning
Add a comment...

Post has attachment
With the filing deadline for tax extensions looming, it is a good time to review some of the most devious and dangerous techniques cyber criminals use to cheat their victims by creating fraudulent tax returns. The Internal Revenue Service (IRS) has published a list of six tips to combat some of the latest frauds, including the “red flags” that may help you identify the scam.
Top Tax Scams
Top Tax Scams
blog.gggcpas.com
Add a comment...

Post has attachment
Have you completed Gray, Gray & Gray's PROPANE INDUSTRY SURVEY? This year marks our second annual survey in association with PGANE. Complete the survey today to receive an advanced copy of the results!
Add a comment...

Post has attachment
On September 27, 2017, the Trump Administration, the House Committee on Ways and Means, and the Senate Committee on Finance unveiled their “Unified Framework for Fixing Our Broken Tax Code.” Click below for more details:
http://www.gggcpas.com/New-Tax-Reform-Framework-Released

#TaxReform
Photo
Add a comment...

Post has attachment
Reserve Your Spot for Gray, Gray & Gray's Annual Year-End Business Planning Seminar on November 7th!

Where is Your Business Heading in 2018? This year's seminar features an exciting lineup of nationally-recognized business authorities with sessions including: What's Your Magic Number?; Tax Update; Cyber Security; and The Outlook for Business One Year into the Trump Presidency. Learn more and register today at http://www.gggcpas.com/2018BusinessPlanning

#BusinessPlanning
Add a comment...
Wait while more posts are being loaded