Blog
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Massachusetts Extends State Income Tax Filing Deadline to July 15
AAFCPAs would like to make clients aware that Massachusetts announced today an agreement to extend the 2019 state individual income tax filing and payment deadline from April 15 to July 15, consistent with the federal government, due to the ongoing COVID-19 outbreak. This income tax relief is automatic and taxpayers do not need to file […]
Cyberattacks, Foreign Disinformation Campaigns Leverage Coronavirus Theme
AAFCPAs would like to remind clients that cyber criminals and other bad actors are often poised to capitalize on a crisis. In this case, cyber criminals and foreign governments are using the Coronavirus (COVID-19) pandemic as a theme to lure individuals into making harmful clicks or actions. AAFCPAs reminds clients and their employees to be […]
Tax Relief and Incentives for Affected Cannabis Businesses
The quickly spreading coronavirus, and the subsequent response from states to close all “non-essential” businesses, is causing much confusion for the Cannabis industry. The decision about whether cannabis operators can keep doing business has occurred state by state, and in some cases, city by city. The majority of US states that have closed non-essential businesses […]
Massachusetts COVID-19 Unemployment Information
Stay informed on the latest related to Department of Unemployment Assistance (DUA) and COVID-19. You will be redirected to Mass.gov
COVID-19 Guidance from the U.S. Department of Labor
The Wage and Hour Division provides information on common issues employers and employees face when responding to COVID-19, and its effects on wages and hours worked under the Fair Labor Standards Act (FLSA), job-protected leave under the Family and Medical Leave Act (FMLA), and paid sick leave and expanded family and medical leave under the […]
IRS Issues Additional Clarity on Tax Deadlines
AAFCPAs has received many e-mails and phone calls in response to the recent announcements from the IRS related to the federal tax filing and payment deadline extensions. As a reminder, Treasury Secretary Steven Mnuchin announced last week that the IRS will move the national income tax filing and payment day ahead to July 15th. This […]
How to Transfer Tax Documents to AAFCPAs
Due to the current status of the Coronavirus and the potential for mail service delays & travel restrictions, AAFCPAs encourages clients to transfer tax documents electronically. We offer the following 3 options for secure, electronic transfer: TaxCaddy: TaxCaddy is a secure application that will allow you to easily collect, store, and transfer your tax documents. […]
CARES Act and COVID-19 Related Link Resources
AAFCPAs has compiled the below links to help you find resources to support your organization. We will continue to update and add to this as warranted. Helpful Resources LISC Rapid Relief & Resiliency Fund for Massachusetts https://www.lisc.org/boston/covid-19/rapid-relief-and-resiliency-fund-for-massachusetts/ Associated Industries of Massachusetts (AIM) Blog: Employers’ Guide to COVID-19 https://aimnet.org/blog/the-employers-guide-to-covid-19/ COVID-19 Resource Page for Employers https://aimnet.org/covid-19-resource-page-for-employers/ Attorney […]
Federal Tax Filing Deadline Extended to July 15th
As the Coronavirus (COVID-19) pandemic continues to unfold, AAFCPAs has received many e-mails and phone calls. Treasury Secretary Steven Mnuchin announced today, March 20th, 2020 that the IRS will move the national income tax filing day ahead to July 15th, three months after the normal deadline for Americans to send in their returns. The filing […]