John T Lally CPA is a business and tax advisor who works closely with small business owners by providing proactive and year-round business and tax advice. As a business owner himself, John knows this comprehensive approach is vital for a business to be financially healthy and for the owners to achieve their goals.
He has worked with many small business owners to help them implement retirement plans, income tax strategies, and business plans that have significantly improved their businesses. John has helped clients reach their financial goals by saving millions for retirement, while deferring millions in income taxes.
John holds a Bachelor of Science in Accounting from the University of Massachusetts-Dartmouth and is a member of the American Institute of Certified Public Accountants (AICPA) and the Massachusetts Society of Certified Public Accountants. His prior work at three regional accounting firms included advanced training in business valuation and performance measurement. Outside the office, John is a husband and father of three happy, healthy, and gainfully employed adult children. In his free time, he enjoys spending time with his family, keeping active with tennis, volleyball, and bicycling, and working on his new garden.
BOSS is the answer to your back office headaches. Our cloud-based solution enables you to hand complex accounting tasks over to us. We work the numbers while providing you 24/7 access to your data—and all at a fixed, affordable monthly fee.
I started working with John T. Lally CPA, PC about two years ago, and right from the start have been impressed with the service and responsiveness...read more
John has helped us to reduce our costs, increase our profits and create a close connection between the everyday operation of our business and our financial reporting...read more
John has become more than my accountant. He has become a business advisor and someone I trust to look out for my best interest...read more
If you’re starting a second business, then you know everything that’s involved with a business launch. However, there are a few business basics that every entrepreneur should revisit before diving into another enterprise. Consider these business basics and then put them into a well-thought-out business plan:
The 2019 small and midsized business (SMB) Cyberthreat Study from Keeper Security reported that nearly two out of three SMB owners do not feel threatened by or are not concerned about cyber attacks. Yet, in the previous year’s study, two out of three business owners reported falling victim to some level of data breach.
By September 30, 2019, you must notify your entire workforce of the PFML law by:
Posting the Paid Family and Medical Leave Workplace poster on your premises. Providing written notice of contributions, benefits, and workforce protections to all covered individuals in your workforce. You must collect a signed acknowledgement from each covered individual.