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.
AAF Wealth Management’s Q3 2022 Market Perspective
A PROLOGUE TO THE STORY… As we sat down to pen this latest quarterly newsletter, we couldn’t help but think of the opening scene of the movie The Big Short (2015). “IT AIN’T WHAT YOU DON’T KNOW THAT GETS YOU INTO TROUBLE. IT’S WHAT YOU KNOW FOR SURE THAT JUST AIN’T SO.” – MARK TWAIN The […]
Q&A: AAFCPAs’ diversity efforts seek to create an inclusive culture
In a Q&A with the Worcester Business Journal, AAFCPAs’ Partner, Sorie Kaba, shares how our Diversity, Equity, and Inclusion efforts continue to evolve at the firm…
Tax Planning Guide for Businesses & Individuals (2022-2023)
Year-end tax planning is the practice of evaluating your tax situation and trying to minimize your tax liabilities while looking at your overall financial position. It is also a good time to review your estimated tax requirements, anticipated cash outlays at the filing deadline, and working to avoid underpayment of estimated tax penalties. While this can take […]
AAFCPAs Diversity, Equity, and Inclusion potluck
#Diversity, #equity, and #inclusion potluck! #gratitude to all who joined us to indulge in a variety of goodies! #greatmindsgreathearts
Important Changes To New Hampshire Business Profits Tax
AAFCPAs would like to make clients aware, if you are subject to New Hampshire’s Business Profits tax, there are two significant 2022 legislative updates which address net operating losses and combined reporting. Tax Information Release (TIR) No. 2022-003 modifies the calculation of the net operating loss (NOL) carryover deduction for tax years ending on or […]
Reconciliation of Wrap Payments
AAFCPAs would like to make clients aware, effective January 1, 2022, Massachusetts Medicaid (MassHealth) launched an alternative payment methodology (APM) for Community Health Centers who are licensed as a freestanding clinic and not financially or physically an integral part of a hospital. Under the APM, there is a quarterly wrap reconciliation completed by MassHealth which […]
AAFCPAs Announces our Fall 2022 Tax Team 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 key employee promotions in our tax practice: Camila Gonzalez Whalen, CPA Promoted to Tax Director Camila joined AAFCPAs in January 2022 as a leader in the firm’s Private Client Services practice, working extensively […]
AAFCPAs Invests in Digital Intelligence
Boston (October 11, 2022) – AAFCPAs, a leading CPA and Consulting firm based in New England, today announced its investment in Atlanta-based Digilence, LLC, an organization providing digital intelligence for accounting firms. Digilence enhances AAFCPAs’ abilities to digitize inefficient processes across tax, audit, and the client engagement lifecycle. The key features of the investment include […]
Watch Live: 2022 Year-End Tax Planning Webinars
AAFCPAs was excited to announce its annual year-end tax planning webinar series, which provided insight into strategies for 2022-year end to realize a more favorable tax outcome. Business Tax Wednesday, November 9th12 – 1 pm Cannabis Business Tax Thursday, November 10th12:30 – 1:30 pm Individual & Family Tax & Wealth Preservation Wednesday, November 16th12 – […]