AAFCPAs Awards $2,500 Scholarship to Babson Student
The 2017 AAFCPAs’ funded scholarship of $2,500, awarded through the Massachusetts Society of CPAs’ (MSCPA) Educational Foundation and MSCPA Scholarship Program, is granted to My-Linh H. DeBonis, an exceptional Bachelor of Science candidate from Babson College, School of Business. The announcement was made recently during an event honoring educators, CPA exam passers, and scholarship winners […]
AAFCPAs announces client recipient of our drawing to attend the CFO of the Year luncheon!
AAFCPAs is a proud SPONSOR for the 9th Annual BBJ CFO of the Year Awards, and this client is joining as our guest for this prestigious event. We thank everyone who entered to win. Congratulations to AAFCPAs’ client: Liz Chaves, VP of Finance and Administration at Rosie’s Place. Liz is the winner of our random drawing […]
Personal Financial Planning Considerations for Executives
Listen to Podcast Click here to listen to podcast or use the above media player. Most investors are terrified of market volatility, and those retirees that experience it in the first few years of retirement could face retirement spending shortfalls. This podcast will outline one strategy to manage the dangers of sequence of return risk […]
How Tax Law Changes May Impact Charitable Giving
Listen to Podcast Click here to listen to podcast or use the above media player. You may have noticed an influx of donors paying off their pledges at the end of December 2016. AAFCPAs looks at the blueprint for tax reform put forth by Republican House Ways and Means Committee members, the deliberations of the […]
Best Practices in Managing Your Nonprofit Operating Budget
Accurate budgeting is critically important to the success of any business, and especially important for nonprofit organizations that may have stretched resources, fluctuating funding, and/or heavy reliance on specific funders. The operating budget is a key tool in effectively and efficiently achieving the organization’s stated purpose, and should align with your organization’s strategic plan. A […]
Massachusetts Delays Plan to Tax Online Sales
The Massachusetts Department of Revenue today announced it has revoked its directive to collect sales taxes from out-of-state online retailers starting July 1. Earlier this spring, the Massachusetts Department of Revenue issued a directive aimed at requiring certain out of state vendors to collect sales tax on online sales to Massachusetts customers. The Department’s position […]
AAFCPAs Wealth Management Adds Depth to Wealth Advisory Expertise by Welcoming Andrew Hammond, CFP®
AAFCPAs Wealth Management, an affiliate company of AAFCPAs, continues to grow and is pleased to announce the addition of Andrew Hammond, CFP® as a Wealth Advisor and Director of Wealth Management. Andrew joins our growing team of advisors after 17 years in financial services at Fidelity Investments. Andrew sought-out AAFCPAs Wealth Management in response to […]
AAFCPAs releases 8-part educational podcast series, designed to help nonprofits thrive
AAFCPAs is excited to announce the release of our 8-part educational podcast series offering actionable takeaways for organizations to improve efficiency, effectiveness and performance controls. This collection of podcasts is the 2nd series of recordings from AAFCPAs’ Annual Nonprofit Educational Seminar. These podcasts, and accompanying introductory videos, feature full audio of thought-provoking sessions recorded on May 3rd, […]
Accelerate Deductions and Reduce Tax Liability with Tangible Property Regulations and R&D Tax Credits
It is a little-known fact to most accountants that businesses leave money on the table by 1) paying taxes before they have to, and 2) by not identifying deductions in a timely manner that may be accelerated. At AAFCPAs, we regularly identify opportunities for clients that may yield new avenues for them to qualify for deductions […]