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.
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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
This tax season is an important one for many business owners because it’s the first that will be impacted by the Tax Cuts and Jobs Act (TCJA). How big of an impact is dependent on your unique situation. We’ve compiled this short list of provisions that may affect the business community:
According to Forbes.com, Super Bowl viewers traditionally load up on millions of pounds of less-than-healthy foods during the big game—including ribs, pulled pork, tortilla chips, nuts, popcorn and bacon—all washed down with beer (the Super Bowl beverage of choice). If you are trying to stick to your New Year’s resolution to eat better, consider a few healthy substitutes for the traditional Super Bowl eats:
The combination of running a business and your life and preparing for tax time can drive some people into a slight panic. But no need to get stressed if you are prepared. Now is the time to start organizing all documents required to file your tax return.