Blog
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Overcome Cyber Security Challenges of a Remote Workforce
COVID-19 has challenged businesses to think about operations in a new way, and in many cases, your IT specialists may be supporting employees for the first time ever that were never intended or conceived to be remote or fully remote. With an increased risk of employees falling prey to cyber-attacks, AAFCPAs advises clients to create […]
PPP Flexibility Act Extends Covered Period of Loan
AAFCPAs would like to make clients aware that on June 5, 2020 the President signed into effect the Paycheck Protection Program (PPP) Flexibility Act, which would provide greater flexibility in how businesses may spend PPP loan proceeds. The act provides new flexibility to PPP borrowers, including: Expanding the original 8-week forgiveness period to 24 weeks. […]
AAFCPAs Acquires Goffstein
AAFCPAs, a Regional Leader in the New England area, has acquired Scott A. Goffstein & Associates, a 14-person CPA firm based in Waltham, Massachusetts. The deal expands AAFCPAs’ expertise in international tax and managed accounting solutions.
AAFCPAs Pushes Ahead With Acquisition During Pandemic
The Westborough-based accounting and consulting firm AAFCPAs has acquired a small local firm with a specialty in international tax issues, pushing ahead with the deal despite the economic wreckage caused by the ongoing Covid-19 pandemic. AAFCPAs is buying Waltham-based Scott A. Goffstein & Associates, a 14-person firm, with Goffstein coming on as a partner. The […]
Westborough Accounting Firm Expands to Waltham With New Acquisition
Westborough accounting firm AAFCPAs announced on Monday it has acquired Waltham-based Scott A. Goffstein & Associates, increasing its staff to 34 partners and 240 employees. AAFCPAs plans to continue maintaining Goffstein’s office in Waltham, making it the fourth AAFCPAs office, along with Wellesly and Boston, according to the announcement. Goffstein’s office has 14 employees.
Regulatory Alert: Unemployment Scams & Snail Mail Stimulus Payments
Nationwide Unemployment Scam Targets Massachusetts Claimants AAFCPAs would like to make clients aware that on May 27th, 2020, the Massachusetts Department of Unemployment Assistance (DUA) announced that criminal enterprises in possession of stolen personal information from earlier national data breaches have been attempting to file large amounts of illegitimate unemployment claims through the Massachusetts DUA […]
AAFCPAs Acquires Scott A. Goffstein & Associates
Boston, MA (June 1, 2020) – AAFCPAs, a best-in-class CPA and consulting firm known for assurance, tax, accounting, wealth management, valuation, business process, and IT advisory solutions, today announced it has acquired Scott A. Goffstein & Associates, a 14-person CPA firm based in Waltham, MA. The acquisition brings additional high-quality expertise to AAFCPAs and accelerates […]
AAFCPAs Promotes Four to Manager to Support Firm Growth
It is with great pleasure that AAFCPAs recognizes the skill, effort, and character of four exceptional team members who have recently been promoted to Manager. Through their commitment and tireless enthusiasm to deliver excellence in service to our growing client base, each of the following individuals has earned this distinguished recognition and promotion to his […]
PPP Guidance on Hazard Pay, Bonuses, and Employees Who Decline to Return
AAFCPAs would like to make clients aware that the Small Business Administration (SBA) released an interim final rule on May 22nd confirming and clarifying a few points related to the Paycheck Protection Program (PPP) forgiveness calculation. Hazard Pay & Bonuses On page 11 of the interim final rule, the SBA clarifies that bonuses or hazard […]