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ESOPs May Be the Key to Operating Tax-free in the Cannabis Space
Cannabis operators focus heavily on tax mitigation, employee retention, growth strategies, and profitable exit. A properly structured ESOP is a great tool to accomplish all those goals and more. In a recent webinar, “Cannabis ESOPs – The Industry Game Changer”, AAFCPAs’ David McManus, CPA, CGMA, Tax Partner & National Cannabis Practice Leader and Joshua England, LLM, Esq., […]
New AICPA Chair: ‘We need to promote the cool work we do’
Journal of Accountancy (May 23, 2024) – Raised in a family that valued entrepreneurship, business acumen, and hard work, new AICPA Chair Carla McCall, CPA, CGMA, credits two trailblazing women for inspiring her the most. Her paternal grandmother held a job in banking until she founded her own insurance agency in 1948 and turned it […]
AAFCPAs leader elected to leadership roles at two accounting groups
Boston Business Journal (May 23, 2024) – Carla McCall, managing director of accounting firm AAFCPAs, has been elected to leadership positions at two accounting organizations. McCall will serve as new chair of the American Institute of CPAs (AICPA), and as co-chair of the Association of International Certified Professional Accountants. The Association of International Certified Professional Accountants […]
Celebrating Carla McCall, CPA, CGMA AAFCPAs’ Managing Partner and New Chair of the AICPA
SumNews (May 2024) – My involvement with MassCPAs and the AICPA has provided me with a trusted inner circle of peers, collaborators, mentors, and champions—and we have built really close relationships. It all started with my volunteerism at the MassCPAs on the MAP committee. It was on this committee that I learned about the power […]
Carla McCall Named New Chair of AICPA
CPA Practice Advisor (May 23, 2024) – This marks the first time in AICPA’s history that two women have held the chair and co-chair positions in the same year, as Lexy Kessler, CPA, was elected as the AICPA’s vice chair. Carla McCall, CPA, CGMA, Managing Partner of AAFCPAs, is the new Chair of the American Institute […]
Carla McCall Elected Chair of AICPA and Co-Chair of Association of International CPAs
Westborough, MA (May 23, 2024) – AAFCPAs, a preeminent CPA and consulting firm, is pleased to announce that its Managing Partner, Carla McCall, CPA, CGMA, was elected to serve as the new Chair of the American Institute of CPAs (AICPA) and Co-Chair of the Association of International Certified Professional Accountants, which combines the strengths of […]
Are You Prepared for an Office of Pharmacy Affairs (OPA) Audit?
340B Report (May 16, 2024) – All entities who participate in the 340B program are subject to an Office of Pharmacy Affairs (OPA) audit regardless of entity type, size or volume of transactions. For the last five years, HRSA’s OPA has been completing approximately 200 audits a year and, as of May, 2024, 19 audits […]
AAFCPAs Presented at Illinois Cannabis Convention
AAFCPAs’ Joshua England, LLM, Esq. and David Gravel, CPA, MPAc were invited to present on “Cannabis Rescheduling: History, Regulatory Hurdles, and Operator Impact Expectations” at NECANN’s Illinois Cannabis Convention & Expo, May 31 – June 1, 2024 in Chicago. This session dove into cannabis rescheduling, its historical context, regulatory hurdles, and the potential impact on […]
INSIDE Public Accounting – April 2024 Issue
INSIDE Public Accounting (April 2024) – An initiative to boost CPA numbers has led an independent panel to study one of the most controversial issues in the profession — the 150-hour rule… The profession can’t just sit back and wait for the AICPA to solve the problem, Carla McCall says. “We all have to do […]