About GR Reid

GR Reid Associates, LLP, is an independent certified public accounting and consulting services firm offering a full-range of services to most major business markets.Over the past several years the firm's presence has rapidly expanded throughout Long Island, NY and Boca Raton, Florida.

Our firm is known for it's long term client relationships. We specialize in relationships that are more than surface deep and have earned the reputation of a caring CPA firm built on a solid foundation of dependability and trust.

Our professional staff goes above and beyond in order to gain an understanding of every facet of our clients' financial environments. We understand that the business world is constantly changing. In order to make sure our clients meet all of their financial goals and ambitions, we devote ourselves to become experts in all fields of accounting and tax.

The firm's mission is to provide effective service based on an in-depth understanding of our clients full financial needs.

The foundation for GR Reid Associates, LLP is also based on traditional professional standards of service, technical expertise, and creative, innovative thinking. Our experience and credentials enable us to ensure our clients' financial well being. This includes specialized services for the construction, medical and entertainment industries.

Responsive, reliable, resourceful....GR Reid.... your advisors for life!

Meet Our Partners

The partners of GR Reid have vast accounting, tax, tax planning, compliance, audit, wealth management and insurance experience. Their knowledge runs deep, across many different industries and have built a firm of like minded professionals who strive for excellence and deliver value added solutions. In addition, the partner team comes together to ensure every client's needs are addressed and expectations exceeded.

Friday, June 14, 2019

Fraud du jour: Social Security phone scams

Despite the National Do Not Call registry and features such as caller ID, phone fraud is thriving in the mobile phone era. Using spoofed numbers — which appear to be connected to legitimate government offices and businesses or that resemble your own number — fraud perpetrators say anything and everything to try to steal your money.

Could you unearth hidden profits in your company?

Can your business become more profitable without venturing out of its comfort zone? Of course! However, adding new products or services may not be the best way for your business — or any company — to boost profits. Bottom-line potential may lie undiscovered in your existing operations. How can you find these “hidden” profits? Dig into every facet of your organization.

You have options when addressing life insurance in your estate plan

Life insurance has long provided a source of liquidity to pay estate taxes and other expenses. But, with the estate tax exemption currently set at an inflation-adjusted $10 million ($11.40 million for 2019), estate taxes are no longer a concern for many families. Nonetheless, life insurance offers many benefits for nontaxable estates.

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