AAFCPAs Announces Expansion with New Boston Office Space to Support Firm Growth
Boston, MA 1/20/2016 – AAFCPAs is excited to announce the firm’s move to larger office space to accommodate current and future planned capacity growth. The new office space, located in the Landmark Building at 160 Federal Street, on the 16th floor in Boston’s Financial District, will provide capacity for increased client support in the areas […]
FASB Issues Standards for Recognition and Measurement of Financial Assets and Liabilities
AAFCPAs wants to alert you to this change from the Financial Accounting Standards Board (FASB). In their effort to provide users of financial statements with more useful information on the recognition, measurement, presentation, and disclosure of financial instruments, on January 5, 2016 the FASB issued a new Accounting Standards Update (ASU) No. 2016-01, Financial Instruments, […]
AAFCPAs Promotes Five to Partner to Support Firm Growth
Westborough, MA 1/13/2016 – AAFCPAs is excited to announce the promotion of five additional Partners to our team. Julie Chevalier, Dan Stanhope, Matt Troiano, Charlie Webb, and Matthew Boyle provide best value assurance, tax & advisory solutions, with outstanding client service to AAFCPAs’ growing client list of nonprofit organizations, privately-held commercial companies, and high-net-worth individuals […]
AAFCPAs Affiliate, HighSight LLC Announces Rebrand and Change of Name to AAFCPAs Wealth Management
Wellesley, MA 1/7/2016 – HighSight LLC, an affiliate company of AAFCPAs, today announces the adoption of AAFCPAs Wealth Management as its global brand name, and unveils a new logo and website. The change better reflects the company’s close cultural affiliation with AAFCPAs (Westborough, Boston, Wellesley, MA), the preeminent tax, assurance, and consulting firm with national […]
IRS Extends ACA Employer Reporting Requirements
The IRS and the U.S. Department of the Treasury announced a limited extension of the early 2016 due dates for the 2015 information reporting requirements for employers and insurers under the Affordable Care Act (ACA). Specifically, the notice extends by two months the February 1 due date for employers and insurers to provide individuals with […]
President Signs Tax Extenders into Law; R&D Tax Credit Made Permanent
On December 18, President Obama signed into law the Protecting Americans From Tax Hikes Act of 2015 (“PATH”), which extends or makes permanent over 50 provisions of the Internal Revenue Code that had expired at the end of 2014, including several key pro-business initiatives. The PATH legislation expands and makes permanent the Research and Development […]
2016 Standard Mileage Rates
The IRS has issued the 2016 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2016, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 54 cents per mile for […]
Davide Villani Promoted to Managing Director
AAFCPAs is pleased to announce that Davide Villani, CPA, CGMA has been promoted to Managing Director in recognition of his technical leadership in the employee benefit plan practice and his service excellence to the firm’s clients. Many of you know and have experienced Dave’s significant contributions to AAF clients since joining the firm in 2002. […]
Congress to Vote on Tax Extender Bill Friday
On Tuesday night, Congress reached an agreement on a year-end spending and tax deal that includes the much anticipated tax “extender” provisions. The tax bill is expected to extend around 50 credits for businesses and individuals, while also delaying until 2017 a tax on medical device manufacturers. This news provides some insight of what to […]