Budgeting Add-Ons Create Efficiency and Ease
Today’s more robust Accounting and ERP Systems typically have budgeting functionality built into the platform. For many complex organizations, however, they may still not quite meet your current budgeting and reporting requirements. How do you know you need a budgeting add-on? While most systems will allow for the import of a completed budget and allow […]
AAFCPAs Announces Beneficiary of $250 Donation Designated by CFO Survey Participant
Participants in AAFCPAs’ recent CFO Survey entered to win a $250 donation to their nonprofit charity of choice, and we are pleased to announce Jennifer Schanck-Bolwell as the winner of our random drawing! Jennifer designated Worcester Community Housing Resources (WCHR) as the nonprofit beneficiary. AAFCPAs would like to express gratitude for all 200+ chief finance […]
Pay for Success: a funding model with data at its core
There is at long last solid momentum gathering behind the pay-for-success (PFS) model of funding socially oriented projects and services: a shift in approach that emphasizes outcomes rather than activities. Through PFS contracts, the ecosystem of investors, government, and service providers is working together to create new opportunities and meet more impactful social goals. PFS […]
AAFCPAs’ Raises $1350 for Mental Health at Summer Outing
AAFCPAs recently enjoyed the opportunity to again connect in person with colleagues at our annual staff outing at Kimball Farm. It was so gratifying to be together again, and to hug and laugh after this crazy year+ we’ve had. Our outing includes an annual fundraiser activity to support nonprofits that make our world a better […]
Treasury, IRS provide gross receipts safe harbor for employers claiming the Employee Retention Credit
AAFCPAs would like to make clients aware that the Treasury and the IRS recently issued a safe harbor allowing employers to exclude certain items from their gross receipts solely for determining eligibility for the Employee Retention Credit (ERC). These amounts are: The amount of the forgiveness of a Paycheck Protection Program (PPP) Loan; Shuttered Venue […]
AAFCPAs’ 2021 CFO Survey Finds Data Management Is Catalyst for Change
CFOs seek better inputs, predictability, and the talent to translate data Boston, MA (August 10, 2021) – AAFCPAs, a best-in-class CPA and consulting firm known for assurance, tax, accounting, wealth management, valuation, business process, and IT advisory solutions, today released its 2021 CFO Survey Report. The survey found that across the board, CFOs are prioritizing […]
Community Health Centers Are a Beacon of Strength
This year for National Health Center Week (August 8 – 14), AAFCPAs shines a light on those front-line providers and support staff who, throughout this pandemic, continue to find innovative ways to address community need and overcome financial vulnerability. They have been instrumental in connecting high-risk and vulnerable individuals to care and needed services and […]
Paid leave credit available for providing leave to employees caring for individuals obtaining or recovering from a COVID-19 immunization
AAFCPAs would like to make clients aware, the IRS updated frequently asked questions (FAQs) on the paid sick and family leave tax credits under the American Rescue Plan Act of 2021 (ARP). The updates clarify that eligible employers can claim the credits for providing leave to employees to accompany a family or household member or […]
Grinkis Earns Advanced Life Insurance Underwriting Designation
Carmen Grinkis, Wealth Advisor and Co-Managing Partner of AAF Wealth Management, recently earned a Chartered Life Underwriter® (CLU®) designation, which certifies she obtained expertise that exceeds basic life insurance underwriting requirements. In addition to the CLU®, Carmen has a PhD in Clinical Psychology, a Certification in Long-Term Care (CLTC®), and she is a licensed investment […]