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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.

ABI-Lab Informational Luncheon Session

ABI-Lab Informational Luncheon Session

On September 28th, 2023, AAFCPAs‘ Nicole Zompa, CPA, Scott Posnick, and Rich Weiner, CPA, MST, CMAA held an educational luncheon session where they dove into crucial financial topics that early-stage Life Science and Biotech startups must address. Congratulations to the four winners of our gift-card raffle: Weimin Wu, Lynn Zheng, Skyler Michaud, and Yagmur Kan! Thank you to everyone who entered and attended!! #aafedu #greatmindsgreathearts

IRS Offers Relief to Taxpayers Affected by Hurricane Lee
AAFCPAs 50th Anniversary Logo on Light Teal

IRS Offers Relief to Taxpayers Affected by Hurricane Lee

AAFCPAs and AAF Wealth Management would like to make clients aware that the IRS has offered tax relief for businesses and individuals affected by Hurricane Lee. Taxpayers in all 16 counties in Maine and all 14 counties in Massachusetts automatically qualify for relief as part of a coordinated federal response. Affected taxpayers now have until […]

AAFCPAs’ Apple Picking 2023

AAFCPAs’ Apple Picking 2023

AAFCPAs spent this past Sunday at Tougas Family Farm for our annual apple-picking event!! We thank our Women’s Opportunity Network (WON) for organizing such a great event!

From the Desk of Kevin Hodson – September 2023

From the Desk of Kevin Hodson – September 2023

On the Desk The Federal Reserve just concluded their most recent Federal Open Market Committee (FOMC) meeting on 9/20. In the post-meeting presser Wednesday afternoon, Fed Chairman Jerome Powell indicated that the Fed is “close to done raising interest rates.” However, they’re not about to ease up on the Federal Funds Rate which presently stands at 5.25% […]

From the Desk of Andy Hammond – September 2023
Andy Hammond and Family Traveling

From the Desk of Andy Hammond – September 2023

On the Desk The last few months of the year are always a busy time. We’re helping our clients with year-end planning, tax strategies, and budgeting that comes into play with 2024 just around the corner. Last year, the name of the game was tax loss harvesting, and we still have room to be strategic […]

2023 Promotions Announced at AAFCPAs

2023 Promotions Announced at AAFCPAs

Boston, MA (September 27, 2023) — AAFCPAs, a preeminent 300+ employee CPA and consulting firm specializing in tax, assurance, accounting, wealth management, business process and IT advisory solutions, is pleased to announce the promotions of new directors, managers, and rising professionals. Promotions recognize the exceptional accomplishments and achievements of each along with a steadfast dedication […]

AAFCPAs Welcomes New Outsourced Accounting & Advisory Partner

AAFCPAs Welcomes New Outsourced Accounting & Advisory Partner

Destiny J. Flood, CPA to Lead Client Accounting & Advisory Solutions for the Commercial Market AAFCPAs is pleased to announce the addition of Destiny J. Flood, CPA, Partner to lead the commercial division of the firm’s growing Managed Accounting & Advisory Solutions practice. Destiny brings 14 years of experience advising small to mid-cap privately held […]

Best and Worst Practices in Nonprofit Finance

Best and Worst Practices in Nonprofit Finance

During AAFCPAs’ recent Nonprofit Educational Seminar (April 2023), leaders in our Managed Accounting & Advisory Solutions practice provided more than 400 attendees with a behind the scenes glimpse into some of the best and worst practices in nonprofit financial operations. The session included insight, thoughts, and recommendations from Joyce Ripianzi, CPA, Lauren M. Duplin, CPA, […]

Watch Now: Cannabis Business Transactions for Growth & Exit Webinar

Watch Now: Cannabis Business Transactions for Growth & Exit Webinar

AAFCPAs has advised Cannabis clients through the years on a variety of business transactions. These have included mergers, acquisitions, divestitures, licensing of intellectual property and brands, issuance of stock options, and more. In this session, AAFCPAs provides insight into some of the most popular business transactions in the cannabis space, guidance on accounting for these […]