gray cpa

IMPORTANT: We continue to have limited physical office hours, currently set as Monday-Thursday 9:00-4:00, and Friday’s are By Appointment Only.  With our varying staff levels, our phones do have additional hours of coverage, so please feel free to call. We still welcome you to pre-schedule a visit with our team as we would be happy to provide any one on one you may need!

Client Portal

Does My Business Need Cyber Insurance?

Jan 16, 2018 | Business

Does My Business Need Cyber Insurance? It’s a nightmare scenario few small businesses consider: hackers breach your computer system, steal your customer lists and threaten to exploit sensitive data. Data breaches by malicious individuals don’t just pose a...

Credit Card Transactions Pose Audit Risks for Business Owners

Dec 7, 2017 | Business

Credit Card Transactions Pose Audit Risks Credit card transactions pose audit risks to small business owners after it was criticized for lax enforcement. The IRS’ overseer, the Treasury Inspector General for Tax Administration (TIGTA), recently said the IRS had...

Business Year-end Tax Moves

Dec 1, 2017 | Business

Business Year-end Tax Moves Give your business some holiday cheer Even though the end of 2017 is near, it is not too late to get your business into the best possible tax position for the new year. Here are some year-end tax moves to consider: Consider vehicle...

Business Tax: Time to Consider Section 179?

Oct 21, 2017 | Business, Taxes

Business Tax: Time to Consider Section 179? Section 179 expensing can be a very powerful tax-planning tool for small- and medium-sized businesses acquiring capital assets. While it doesn’t change the amount of depreciation you can take over the life of capital...

Contractor or Employee

Oct 1, 2017 | Business

Contractor or Employee? Is a worker an independent contractor or employee? This seemingly simple question is often the contentious subject of numerous IRS audits. As an employer, getting this wrong could cost you plenty in the way of Social Security, Medicare and...

Business Planning: The Hourglass Approach

Sep 18, 2017 | Business

When it comes to annual planning, businesses often spend too much time on the planning process or too little because they are busy with day-to-day operations. There’s a simple method called the hourglass approach that can help you efficiently focus on your goals and...