The Gray Group Inc

09/07/2015

The Gray Group is still in transition, please check back in 2016!

10/31/2014

Thanks for your recent visits.

Check back soon.

02/19/2013

http://www.moneytalksnews.com/2013/02/19/do-you-have-a-fragmented-credit-report/?utm_source=newsletter&utm_campaign=email-2013-02-19&utm_medium=email

It's bad enough to have to keep track of one credit history. But it's possible you might have two, or even three.

02/19/2013

http://www.ketv.com/news/money/31-days-of-higher-gas-prices-comes-at-tough-time/-/9674314/18585370/-/ye1rey/-/index.html

Gas prices have risen for 31 days straight, according to AAA. That means that the average price for a gallon of regular unleaded gasoline has increased nearly 13% over that period to $3.714. It's hitting wallets right in the middle of winter, when peo...

02/19/2013

http://www.ketv.com/news/money/Facebook-avoids-taxes-gets-429M-refund/-/9674314/18590200/-/113lm42z/-/index.html

A tax watchdog group says Facebook will pay no state or federal taxes on its profits for 2012 -- and will even get $429 million refund.

02/19/2013

http://www.ketv.com/news/money

Ketchup maker H.J. Heinz Co. agreed to be purchased for $28 billion Thursday by a consortium including Warren Buffett's Berkshire Hathaway and private equity firm 3G Capital.

02/04/2013

http://www.moneytalksnews.com/2013/02/04/how-to-get-your-taxes-done-free/?utm_source=newsletter&utm_campaign=email-2013-02-04&utm_medium=email

Most Americans are eligible for free tax preparation and don't know it. Before you hand your hard-earned money to a tax preparer, read this.

02/01/2013

http://www.moneytalksnews.com/2012/11/07/14-tax-credits-and-deductions-that-may-disappear/

Which popular tax breaks will stick around now the election’s over? Here are some predictions.

02/01/2013

http://www.moneytalksnews.com/2013/01/23/organizing-for-income-taxes/

Ready for tax season? Make the process smooth this year by getting everything together now.

01/25/2013

http://www.techrepublic.com/blog/window-on-windows/five-tips-that-will-increase-your-word-productivity/7162?tag=nl.e064&s_cid=e064

Searching for ways to increase your Word productivity may get in the way of your productivity. So here are a few tricks you don’t need to go loo

01/25/2013

http://omaha.score.org/?utm_source=Coming+Up+Quick+-+Pre-Business+Workshop&utm_campaign=Feb+Bus+Workshop&utm_medium=email

SCORE Omaha | No Charge Small Business Advice | Plans | Workshops | Tools

01/23/2013

CHOOSING AN ACCOUNTING METHOD

Every business is required to have an accounting method; once you decide on which one is right for your business STICK WITH IT. The two most commonly used methods are cash and accrual. Knowing how you will accept payments from your customers, cash, check, credit card, debit card, 6-month same as cash, barter, or store credit, may help you decide which method to choose.

Cash Method


The cash method is used by most small businesses. Under this method, income is not counted until payment is received, and expenses are not counted until they are paid. For example, if you receive a check on December 29th, but don’t deposit the check until January 2nd of the following year, you will count the income in the year the check was deposited and not when the check was received.

Accrual Method


With the accrual method, income is reported in the year the item was ordered, delivered or when service was performed; expenses are counted the year when goods or services are received. Using the same scenario mentioned above, if your company receives a check on December 29th and deposits the check on January 2nd of the following year, you will count the income in the year the check was RECEIVED. The same with expenses, if you incurred an expense on December 29th, but didn’t pay it until January 2nd, the expense will be recorded in the year you made the expense. Below are the advantages and disadvantages of the cash and accrual methods. Even after reviewing this list, please speak with a tax professional before making a decision.