Blog
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AAFCPAs Announces New Director Promotions
AAFCPAs, a best-in-class CPA and consulting firm known for tax, assurance, accounting, wealth management, business process, and IT advisory solutions, today announced employee promotions to Director: Aaron Diamond, CPA Promoted to Director, Assurance Aaron has been promoted to Director in AAFCPAs’ Assurance practice. He has extensive experience leading high-energy assurance teams, and in providing advice […]

Delaware Franchise Tax Reminder
AAFCPAs would like to make clients aware that all companies incorporated in the state of Delaware are required to file an annual report and pay an annual franchise tax to Delaware each year by March 1st. We have outlined for your convenience two methods of calculating the franchise tax you owe: the authorized shares method, […]

Carla McCall shares insights in Bloomberg podcast interview
Carla McCall, AAFCPAs’ Managing Partner was recently interviewed by Bloomberg Baystate Business. Listen at 1:03:00 mark >> Carla shares her insight on the state of Massachusetts business climate, how AAFCPAs is taking an innovative approach to helping our clients deal with the labor shortage, why we love CFOs and support FEI Boston, and her favorite […]

Carla McCall is a Mentor for BBJ Mentoring Monday, 2023
AAFCPAs is proud to announce that Carla McCall, CPA, CGMA will again volunteer as a professional mentor for the Boston Business Journal’s 10th annual Bizwomen Mentoring Monday event, scheduled for February 27th at the Westin Copley Place, Boston. Mentoring Monday brings together women in the business community for a full afternoon of networking, mentoring and fun in […]

AAFCPAs’ Cannabis Practice Leaders Join NECANN-Boston Programming Schedule
AAFCPAs has been selected to present two educational workshops at NECANN Boston 2023 (The New England Cannabis Convention) scheduled for March 10-12th at the Hynes Convention Center, Boston. AAFCPAs’ Cannabis Practice has also signed on as a Sponsor for the Convention, aka “THE Annual Meeting of the East Coast Cannabis Industry!” Entrance to Exit for […]

GASB: Subscription-Based Information Technology Arrangements
AAFCPAs would like to remind entities following government accounting rules, including clients in the Charter School industry as well as other quasi-governmental organizations, of the Governmental Accounting Standards Board (GASB) Statement No. 96, Subscription Based Information Technology Arrangements, which is required to be adopted in FY 2023. GASB 96 applies to all subscription-based information technology arrangements […]

Should Cannabis Operators Prepare for Federalization in 2023? Not so fast…
The Administration took bold steps last year that signaled an openness to federalizing cannabis. Plenty of speculation has followed, and it seems clear that the federal market could open soon. My perspective is that 2023 is not the year, and probably not 2024 either. Federal legalization is on the horizon, though, and operators should build […]

AAFCPAs’ Annual Nonprofit Educational Seminar is Virtual Again in 2023!
AAFCPAs’ Annual Nonprofit Educational Seminar is considered by many nonprofit CFOs and Executive Directors to be the premier nonprofit finance educational event of the year!

2022 HSN Supplemental Payments
AAFCPAs would like to make FQHC clients aware, as part of the Massachusetts Economic Growth and Relief Act of 2022, $20,000,000 was allocated to the Health Safety Net (HSN) Trust Fund for community health centers or hospital-licensed health centers (health centers) participating in the MassHealth program. Payments were to be made to the health centers […]