G.T. Reilly & Company

09/08/2026

We are so happy to welcome Lilly Robinson and Matt Richardson as newly hired Staff Accountants here at GT Reilly & Company! Lilly and Matt are both recent graduates of Bentley University.

09/04/2026

As part of his South Shore Leadership group, Joe Femia along with this son Aidan spent their morning on Tuesday volunteering at the Interfaith Social Services Food Pantry with other members of Leadership South Shore. We love building relationships through this group and supporting our community.

09/02/2026

There are many methods for approaching your nonprofit's spending policy, each method has its pros and cons. Finding the right approach can help ensure your organization has the resources it needs today while preserving assets for the future.

In this article Jayme F. Moore summarizes several nonprofit spending policy methods. Which approach do you currently use? Could another approach address changing needs? Let us know if you would like some guidance.

See the full article for more details: https://gtreilly.com/nonprofits/is-your-nonprofits-spending-policy-keeping-pace-with-your-mission

If you like this content, subscribe to the GT Reilly Nonprofit Advisor newsletter on the Nonprofit Organizations page of our website.

Most nonprofit spending policies fall into one of several widely used methods. Understand the strengths and limitations of each policy method to maintain spending flexibility now and later.

08/26/2026

ICYMI: How Massachusetts' tax reduction ballot proposal fell flat, an article by Tax Director Ryan J. McDonell, CPA, MSA, MSLT.

Massachusetts voters will have to wait on a proposal to reduce the state’s personal income tax rate on income taxed at 5% to 4%.

08/20/2026

There are over 46,000 active nonprofit organizations and public charities in Massachusetts today. They represent a vital pipeline of support to citizens across the state, which is why GT Reilly & Company has dedicated a significant portion of our practice to providing accounting, compliance, and audit services to this critical industry in the Boston area. Find out more at https://gtreilly.com/clients/non-profit

08/18/2026

Golfing With a Purpose: GT Reilly & Company team members Giuseppe “Joe” Femia, CPA, Vice President & Director, and Sean McNeil, CPA, MST, Accounting and Auditing Director, attended the annual Credit Unions of Rhode Island Charity Golf Tournament in Rehoboth, Massachusetts on July 20th. Pictured with the team are Chip Lattanzio and Brian MacDonald of the marketing firm Winbrook. In addition to a great day of golf, the tournament raised $50,000, helping fund a $100,000 donation presented to Special Olympics Rhode Island during the event in support of its 2025-2026 fundraising year.

08/13/2026

How can nonprofits plan for financial stability? Jayme F. Moore, CPA, published a blog post for the Massachusetts Council of Nonprofits about three financial strategies for leaders right now.

- Cash flow management

- Analysis of multiple financial scenarios

- Operational efficiency

All of these elements shape how nonprofits can forecast financial needs, ensuring that the nonprofit can maintain proper funding for the future.

See the full article and let us know if you need guidance.

Rising costs, unstable funding and economic uncertainty are putting increased pressure on nonprofits. Maintaining financial stability is becoming more challenging—and more critical—than ever. Whether it’s inflation, the labor market or […]

08/12/2026

The National Credit Union Administration (NCUA) finalized a package of deregulatory actions earlier this month that reshapes several aspects of federal credit union regulation. The initiative was launched in late 2025 to eliminate regulations considered outdated, duplicative, or unnecessary.
Significant changes that impact how credit unions operate and work with members include:

• A rule removing long-standing limits on third-party servicing of indirect vehicle loans.
• Simplified rules governing the purchase, sale and pledge of eligible obligations, while eliminating detailed collateral requirements for suretyship and guaranty agreements.
• Streamlining requirements for credit union service contracts, removing redundant share insurance disclosures and providing greater flexibility for notifying members of excess private insurance coverage terminations.

View the NCUA press release for more details: https://ncua.gov/newsroom/press-release/2026/ncua-board-approves-11-final-rules-deregulation-project

The NCUA is undergoing a change of chairman and board leadership with recent Senate approval of John Crews as chair. It is unclear at this time how the change in leadership will impact these recent deregulatory actions by the previous chair, Kyle Hauptman. Contact us at GT Reilly with your questions as these changes evolve.

08/10/2026

GT Reilly is proud of the trust we have built with clients over the years, and a great team can only exist with great leadership. This month, we spotlight our President, David J. Keyo, Jr., CPA.

https://gtreilly.com/team/david-j-keyo-jr-cpa

08/06/2026

We always enjoy supporting our clients, including when it’s a fun charitable event like the Mass Bay Credit Union Charitable Foundation Golf Tournament. Jayme F. Moore and Sean S. McNeil attended on our behalf this week. This was the 11th annual event, and we were honored to participate.