AAFCPAs Logo - Great Minds Great Hearts

Blog

Our Blog acts as a great resource of topical information for the finance community. Use the search function to find specific topics or browse our categories to benefit from our past shared learnings.

AAFCPAs to Present FEI-Boston’s 2020 Ethics Symposium
Jeff Mead, Olga Yasinnik & FEI Boston

AAFCPAs to Present FEI-Boston’s 2020 Ethics Symposium

AAFCPAs’ Jeffrey Mead, CPA, CGMA and Olga Yasinnik, MBA, CPA will again lead the annual 4-hour presentation on ethics CPE webinar on Building Ethical Management & Culture at FEI-Boston’s May 8th virtual Ethics Symposium. Jeff and Olga will be joined by guest speakers Jennifer H. Elder, entrepreneur, AICPA instructor, and author of Faster Disaster Recovery and Jeffrey Davis, entrepreneur, and CEO […]

Congress Announces Additional Appropriations for Disaster Loans
Additional Funding For Paycheck Protection Program

Congress Announces Additional Appropriations for Disaster Loans

AAFCPAs would like to make clients aware that Congress announced today an additional $310 billion in funding for the very popular Paycheck Protection Program (PPP). The PPP was initially introduced by the CARES Act on March 27th, 2020. $60 billion of the additional $310 billion will be allocated to small lenders and community banks. Other […]

AAFCPAs Wealth Management’s Quarterly Update

AAFCPAs Wealth Management’s Quarterly Update

March: in like a lion… The year started with so much possibility and promise as we had every reason to believe the U.S. economy would continue to expand due to low inflation, muted interest rates, and historically low unemployment numbers. However, true to the English proverb, March certainly came “in like a lion.” Over the […]

Webinar: Accounting & Audit Impact of COVID-19
Webinar: Accounting & Audit Impact of COVID-19

Webinar: Accounting & Audit Impact of COVID-19

OnDemand Webinar Recorded May 4th, 2020 The Coronavirus pandemic has required businesses to quickly make changes to how employees work, and in many cases, has had a significant impact on Revenue & Expenses. These changes to processes, procedures, and finances may have exposed your organization to new risks and have had an impact on your […]

Watch Now: Business & Individual Tax Planning Guidance Related to COVID-19 & the CARES Act
Webinar: Covid Tax Planning

Watch Now: Business & Individual Tax Planning Guidance Related to COVID-19 & the CARES Act

OnDemand Webinar – Watch Below The Coronavirus pandemic has spawned a flurry of stimulus legislation and efforts taken by Congress, the Treasury, the IRS, and state & local governments to ease the impact on businesses and individuals. The most sweeping changes have come from Congress’s coronavirus relief package, the Coronavirus Aid, Relief, and Economic Security […]

SBA Disaster Loan Funds Exhausted

SBA Disaster Loan Funds Exhausted

UPDATED: On April 21st a new round of funding became available for the PPP loan program. The EIDL program is also still accepting applications. The deadline to apply for the PPP remains June 30th. As you may now be aware, the US Small Business Administration (SBA) announced today, April 16th, that Paycheck Protection Program (PPP) […]

CARES Act Healthcare Provider Relief Fund

CARES Act Healthcare Provider Relief Fund

AAFCPAs would like to make healthcare providers aware that as part of the Coronavirus Aid, Relief and Economic Stimulus (CARES) Act legislation, $100 billion in Provider Relief Funds was pledged to hospitals and other healthcare providers. These funds are designed to reimburse healthcare-related expenses and lost revenue related to COVID-19, and to guarantee uninsured Americans […]

Federal Reserve Authorizes Main Street Loans for Companies Impacted by COVID-19

Federal Reserve Authorizes Main Street Loans for Companies Impacted by COVID-19

AAFCPAs would like to make clients aware that the Federal Reserve, effective April 9, 2020, authorized a series of programs to provide up to $2.3 trillion in loans to households, businesses, and state and local governments struggling to deal with the COVID-19 pandemic. AAFCPAs has provided the below overview based on available information of the […]

IRS Extends More Tax Deadlines for Individuals and Businesses

IRS Extends More Tax Deadlines for Individuals and Businesses

The Internal Revenue Service has released Notice 2020-23 expanding the list of filers eligible for deferred filing of returns and related payments. Equally important, it allows for a postponement of all time-sensitive actions listed in Revenue Procedure 2018-58. In addition to postponements previously granted to filers of Individual, Fiduciary, Corporation, and Gift tax returns, the […]