Blog
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New Colorado Retail Delivery Fee
AAFCPAs would like to make clients aware, if you sell tangible property to customers located in Colorado, there is an important change coming that could significantly affect the amount of tax you need to collect from your customers. Effective July 1, 2022, the Colorado Department of Revenue will be instituting a new Retail Delivery Fee […]
Carla McCall, Most Powerful Women in Accounting 2022
Boston, MA (June 9, 2022) – AAFCPAs today announced that Carla McCall, CPA, CGMA, Managing Partner, was named one of 2022’s Most Powerful Women in the Accounting Profession for the second time by the American Institute of CPAs (AICPA) and CPA Practice Advisor magazine. The annual award recognizes 25 women leaders who are a driving force […]
AAFCPAs Speaking at Illinois Cannabis Convention
AAFCPAs’ Cannabis Practice has been selected to present an educational workshop: Modeling Considerations When Entering a New Market at the Illinois Cannabis Convention, June 10th-11th, 2022, at the McCormick Place Lakeside Center, Chicago, IL. MODELING CONSIDERATIONS WHEN ENTERING A NEW MARKET Entering a new Cannabis market requires planning and adapting to regional nuances unlike almost […]
MA Votes to Decouple from Federal 280E
On May 18, 2022, in a 153-2 vote, the Massachusetts House of Representatives approved sweeping marijuana reforms, which includes two welcomed provisions for operators! MA House Votes to Decouple from Federal 280E Tax Code The House voted to amend the state’s tax code to officially decouple from the federal tax code with respect to 280E. This […]
AAFCPAs Expands Tax Practice
Boston, MA (5/24/2022) – 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 Camila Gonzalez Whalen, CPA, Ross Winer, CPA, and Anthony Hudson, CPA. These professionals join the firm’s growing tax practice. Camila Gonzalez Whalen, CPA, Ross Winer, CPA, […]
Changes to In-kind Donation Disclosures for Nonprofits
AAFCPAs would like to make nonprofit clients and donors aware that the Financial Accounting Standards Board (FASB) has recently issued an Accounting Standards Update (ASU) to increase the transparency about the measurement of in-kind donations received by nonprofits, as well as the amount of those in-kind donations used in nonprofits’ programs and other activities. The […]
State of the Market from AAF Wealth Management
In this webcast, recorded April 2022 at AAFCPAs’ Nonprofit Educational Seminar, AAF Wealth Management leaders, Kevin P. Hodson and Andrew E. Hammond, CFP®, provide guidance on actions investors should take to address cash needs, fixed income, and equity decisions during a period of elevated inflation. The need for selectivity has never been more important as the business […]
What Fiduciaries Need to Know about Administering Employee Benefit Plans
In this webcast, recorded April 2022 at AAFCPAs’ Nonprofit Educational Seminar, leaders in AAFCPAs’ Employee Benefit Plan Audit & Consulting practice, Shawn Huxley and Davide Villani, provide attendees with what they need to know about their obligations to provide promised benefits and to satisfy ERISA’s requirements for managing and administering private retirement and welfare plans. This includes an […]
Nonprofit Tax Update: Insight from AAFCPAs’ Tax Consulting Attorneys
AAFCPAs’ tax department includes Tax Attorneys who closely monitor the changes to tax code, including unrelated business taxable income, multi-state filing / registration requirements, compensation issues and employment taxes, and other state and local tax considerations. In this webcast, recorded April 2022 at AAFCPAs’ Nonprofit Educational Seminar, Joshua England, LLM, Esq., Brittany Besler, MBA, CPA, Esq., […]