Blog
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The Inflation Reduction Act of 2022
On August 16, 2022, President Biden signed into law Public Law Number 117-169, the Inflation Reduction Act of 2022 (the Act). AAFCPAs has highlighted below some of the most impactful tax provisions in the Act, including, but not limited to, provisions and credits affecting clean energy, a significant monetary reinvestment into the IRS, and a […]
Inflation Reduction Act Tax Credit Incentives for Contractors
On August 16, 2022, President Biden signed the Inflation Reduction Act. Both existing and expired energy efficiency tax incentives including 179D Deductions and 45L Credits have been expanded significantly. AAFCPAs would like to make Real Estate and Construction clients aware of the following provisions: Section 179D Tax Deduction The Inflation Reduction Act aims to invest […]
Clients Having Success Reassessing Employee Retention Credit
Many of AAFCPAs’ clients are having success reassessing their eligibility for the Employee Retention Tax Credit. “IRS anticipates that approximately 70%-80% of small and medium businesses (as well as tens of thousands of charities) were good candidates for taking the ERC,” according to Forbes.com. “The reality is, to date the actual numbers of businesses and […]
MA Cannabis Reform Bill Signed by Governor
On August 11, 2022, Governor Charlie Baker signed into law the largest cannabis reform bill Massachusetts has seen since 2017: An Act Relative to Equity in the Cannabis Industry. The bill focused on welcomed provisions for operators: MA Decouples from Federal 280E, Offering Significant Tax Savings Social Equity Trust Fund Established, for the benefit of […]
Ben & Jerry’s at AAFCPAs!
A sunny afternoon calls for Ben & Jerry’s at AAFCPAs!! Perfect way to end this Wednesday! #aafcpasfun #greatmindsgreathearts #gratitude
AAFCPAs at Fenway Park
Good times never seemed so good… #gratitude for a great night spent at Fenway Park! #aafcpasfun
AAFCPAs Donates $1,440 to NeighborWorks Blackstone River Valley
The AAFCPAs family recently enjoyed the opportunity to again connect in person with colleagues at our annual staff outing at Kimball Farm. From our cornhole and volleyball tournaments to our partner hopping horse race, we had an awesome time together. Our outing always includes a fundraiser activity to provide entertainment and support nonprofits that make […]
Pantano Earns Sage Intacct Implementation Specialist Certification
AAFCPAs is pleased to announce that Dawn M. Pantano, CPA, CITP, Manager, Business Process & IT Advisory, has earned the Sage Intacct Implementation Specialist certification. The Implementation Specialist certification is a demonstration of Dawn’s expertise implementing and configuring Intacct, reporting, and dashboards. Dawn helps clients get the most out of all the features available in […]
AAFCPAs Celebrates 2022 National Health Center Week
Next week, August 7-13, 2022, is National Health Center Week, and AAFCPAs invites you to join us again this year in celebrating the great work and significant impact of these organizations who serve as the chemistry for strong communities! #NHCW2022 and #ValueCHCs Friday, 8/12 – Health Center Staff Appreciation Day The incredible value Community Health […]