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.

Webinar OnDemand: The Skills, Tools & Technology Needed Now to Be Future Ready

Webinar OnDemand: The Skills, Tools & Technology Needed Now to Be Future Ready

Accounting & finance departments and professionals at all levels are up for a tough challenge in the years ahead. The time to invest is now in order to be rewarded with greater opportunities, more impact, and more fulfilling work. Have you gone paperless? Are you utilizing the cloud? In this webcast, recorded April 2021 at […]

Nonprofit Tax Update: Insights from AAFCPAs’ Tax Consulting Attorneys

Nonprofit Tax Update: Insights from AAFCPAs’ Tax Consulting Attorneys

AAFCPAs’ tax department includes Tax Attorneys who closely monitor the changes to tax code, unrelated business taxable income, multi-state filing / registration requirements, employment taxes, and other state and local tax considerations. In this webcast, recorded April 2021 at AAFCPAs’ Nonprofit Educational Seminar, Joshua England, LLM, Esq., Brittany Besler, MBA, CPA, Esq., and Chris Consoletti, Esq. provide insight on […]

Inspirational Keynote: The Way We Think About Charity Is Dead Wrong…

Inspirational Keynote: The Way We Think About Charity Is Dead Wrong…

In this webcast, recorded April 2021, AAFCPAs welcomed Dan Pallotta as Keynote of our Virtual Nonprofit Educational Seminar. Dan is an inspirational speaker, reformer, inventor of the multi-day charitable event industry, founder of the Charity Defense Council, and President of Advertising for Humanity. His iconic TED talk “The Way We Think About Charity Is Dead […]

Accounting Standards Update Webcast

Accounting Standards Update Webcast

In this webcast, recorded April 2021 at AAFCPAs’ Nonprofit Educational Seminar, AAFCPAs’ Nonprofit Audit Leaders Matt Hutt, CPA, CGMA, Katie Belanger, CPA, and Olga Yasinnik, CPA, MBA provide key considerations and best practice recommendations related to new accounting standards, including where you should be with your implementation of: Leases Revenue Recognition: Reminders and Best Practices COVID-19 Accounting Considerations Overview of other […]

IRS Offers Safe Harbor for Claiming PPP Loan Deductions

IRS Offers Safe Harbor for Claiming PPP Loan Deductions

AAFCPAs would like to make clients aware that the IRS has recently released a revenue procedure (Rev. Proc. 2021-20) that provides a safe harbor for certain businesses claiming Paycheck Protection Program (PPP) loan deductions. The Rev Proc is applicable for taxpayers that received a PPP loan but did not deduct certain otherwise deductible expenses paid […]

AAFCPAs’ 2020 Impact Report

AAFCPAs’ 2020 Impact Report

AAFCPAs is pleased to introduce and share our inaugural Impact Report, which outlines the firm’s 2020 actions and 2021 goals as it relates to AAFCPAs’ Social Purpose: We believe business is the conduit for social change! We want to improve the world. We aspire to do so with our actions, which speak louder than words. […]

How to Repay Deferred Payroll Taxes

How to Repay Deferred Payroll Taxes

To give businesses a needed temporary financial boost, the Coronavirus, Aid, Relief and Economic Security (CARES) Act, signed by the President in March 2020, allowed employers (ER) to defer payment of the employer’s (ER) share of Social Security tax. In addition, IRS Notice 2020-65, issued in August 2020, allowed employers (ER) to defer withholding and payment of the employee’s (EE) […]

AAFCPAs to Present FEI-Boston’s 2021 Ethics Symposium

AAFCPAs to Present FEI-Boston’s 2021 Ethics Symposium

Ethics Symposium: Crisis, Burnout, and the Effect on Ethics – How has COVID Infected Your Ethics? AAFCPAs’ Jeffrey Mead, CPA, CGMA and Olga Yasinnik, MBA, CPA will again lead FEI-Boston’s annual 4-hour Ethics Symposium, May 13th, with a focus this year on Crisis, Burnout, and the Effect on Ethics. Jeff and Olga will be joined at this virtual educational […]

Where Do We Go From Here?
COVID-19 Economic Recovery

Where Do We Go From Here?

COVID-19 has impacted our lives and businesses in ways that none of us have experienced before. Nonprofits are reacting to challenges & opportunities that continue to evolve rapidly. Nonprofit CEOs & CFOs Want to Know: What does our “new normal” look like? What aspects of remote work and programming will we keep when we “return” […]