AAFCPAs Logo - Great Minds Great Hearts

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.

Recipients of CFO of the Year Raffle

Recipients of CFO of the Year Raffle

Congratulations to AAFCPAs’ clients & friends: Donna Pine Robinson from St. Francis House and John Furtado from Quality Beverage!! These are the lucky winners of our random drawing for complimentary tickets to attend the Boston Business Journal’s CFO of the Year Awards luncheon program (tickets valued at $150)! We thank everyone who entered to win. […]

40+ Team Members Participated in 2022 CPA Day of Service

40+ Team Members Participated in 2022 CPA Day of Service

AAFCPAs Team Members remain enthusiastic about giving back to communities in need. The firm offers one Paid Day of Service to each team member annually to demonstrate our commitment and expose them to social responsibility. More than forty of AAFCPAs’ team members used their Paid Day in June as part of the 10th Annual CPA […]

MA UFR Extensions Must Be Submitted On the OSD website

MA UFR Extensions Must Be Submitted On the OSD website

AAFCPAs would like to make Human & Social Services clients aware that effective June 30, 2022, the Massachusetts Operational Services Division (OSD) will no longer accept extension requests for the submission of the UFR, MAB allocation requests and waiver requests through the UFR eFiling system.  All requests must be submitted using OSD’s web-based system which […]

GASB Subscription Accounting Standard

GASB Subscription Accounting Standard

Governmental Accounting Standards Board (GASB) Statement No. 96, Subscription Based Information Technology Arrangements, applies to entities following government accounting rules, including AAFCPAs’ clients in the Charter School industry, as well as other quasi-governmental organizations.  This guidance applies to subscription-based technology arrangements (SBITAs), defined as a contract that conveys control of the right to use another party’s […]

GASB Lease Accounting Standard

GASB Lease Accounting Standard

As a reminder, Governmental Accounting Standards Board (GASB) Statement No. 87, Leases, applies to entities following government accounting rules, including AAFCPAs’ clients in the Charter School industry, as well as other quasi-governmental organizations. This guidance applies to most leases with a term of over 12 months. These leases will now be recognized on the statement […]

Important Changes To Vermont Corporate Income Tax

Important Changes To Vermont Corporate Income Tax

AAFCPAs would like to make clients aware, if you are subject to Vermont’s corporate income tax, there are several significant changes instituted pursuant to S.B 53, an act relating to changes to Vermont corporate income tax and conformity to federal tax laws, which will be effective for tax years beginning on or after January 1, […]

Enter AAFCPAs’ Drawing to Attend the BBJ’s 2022 CFO of the Year Awards

Enter AAFCPAs’ Drawing to Attend the BBJ’s 2022 CFO of the Year Awards

AAFCPAs is pleased to again sponsor the Boston Business Journal’s 14th annual CFO of the Year Awards program, and we would love to have you join us as our guest for this memorable in-person lunchtime reception. This event will honor the best in local finance, including AAFCPAs’ client Liz Chaves, Chief Financial and Administrative Officer […]

Growth in AAFCPAs Business Process & IT Consulting Practice

Growth in AAFCPAs Business Process & IT Consulting Practice

Boston, MA (06/21/2022) – AAFCPAs, a best-in-class CPA and consulting firm known for tax, assurance, accounting, wealth management, business process, and IT advisory solutions, today announced the addition of Noelle Berger, Stuart Karas, and Jordan Shaw. These professionals join the firm’s growing Business Process & IT Consulting Practice, which provides business intelligence & productivity, information […]

Top Firms by AUM Wealth Magnets 2022

Top Firms by AUM Wealth Magnets 2022

AAF Wealth Management has been named a top firm by AUM Wealth Magnets in 2022…