FY 2025 CHC Cost Reports Released for Massachusetts Providers
The Massachusetts Center for Health Information and Analysis (CHIA) issued the FY 2025 Community Health Center (CHC) Cost Report on May 8, 2026. AAFCPAs would like to make clients aware that providers required to file must submit no later than July 7, 2026. CHIA collects these reports pursuant to regulation 957 CMR 6.00. Who is […]
AAFCPAs Takes the Stage at AICPA® ENGAGE 2026
AAFCPAs will lead two sessions at ENGAGE 2026, one of the profession’s largest and premier annual events. The Great Debate: Return to Office AAFCPAs Managing Partner Carla McCall, CPA, CGMA will participate in a debate style session, exploring the pros and cons of a remote, hybrid, and in person workforce. The panel includes Jose Antunes […]
Chris Bango Honored with 2025 Joel Aronson Character Award
AAFCPAs is proud to announce that Chris Bango, Audit Manager, has been honored with the esteemed, partner-nominated Joel Aronson Character Award. This annual award recognizes team members who exemplify the integrity, dedication, and generosity of Joel Aronson, Founder of AAF Wealth Management. The award celebrates individuals who demonstrate compassion, selflessness, and a steadfast commitment to […]
IRS ERC Review Delays: New Extension Process for Disallowed Claims
Over the past year, many taxpayers with disallowed Employee Retention Credit (ERC) claims have found themselves waiting, often longer than expected, for the IRS to review their responses. Meanwhile, statutory deadlines continue to run while these claims sit under review. In late April, the IRS introduced a new, limited procedure that allows certain taxpayers to […]
AAFCPAs’ Sarah Flischel Recognized Among CPA Practice Advisor’s 40 Under 40
Sarah Flischel, CPA, Director, Audit Transformation & Training at AAFCPAs, has been named a 2025 40 Under 40 Accounting Professionals honoree by CPA Practice Advisor, recognizing her role in advancing modern, data-driven audit practices and strengthening the profession’s future. In her role at AAFCPAs, Flischel has led a firmwide effort to evolve how audits are […]
CalCPA Honors Destiny Flood with 2026 Women to Watch Award
AAFCPAs’ Partner Destiny Flood, CPA, has been selected as a 2026 CalCPA Women to Watch Award recipient in the Experienced Leader category, recognizing professionals whose leadership drives meaningful impact within the accounting profession. The Women to Watch Awards, presented by the California Society of Certified Public Accountants, honor leaders whose influence extends beyond their organizations […]
Forensic Accounting for Asset and Income Analysis in Litigation
Complex financial records can obscure key facts in legal disputes. Professional analysis can help legal teams clarify claims and inform strategy. Key Takeaways: Financial complexity often determines the outcome of legal disputes. Whether in divorce, trust, or civil business litigation, understanding the underlying financial picture is essential. Attorneys frequently face cases with tangled accounts, hidden […]
How the Anticipated Rescheduling of Cannabis and its Effects on 280E Reshapes Cannabis Tax Strategy
Cannabis businesses may gain access to tax deductions and strategies long restricted under federal law. This shift requires careful reassessment of cash flow, accounting positions, and long-term planning to leverage new flexibility. Key Takeaways: For years, Section 280E has shaped nearly every financial decision cannabis operators make. It dictates how taxes are calculated, how cash […]
How to Evaluate Whether a Firm Can Perform a SOC 1 Examination
SOC reports are often discussed as if they are interchangeable. In practice, that assumption breaks down quickly. A SOC 1 report is not a general compliance exercise, nor is it a standardized assessment that can be produced from a predefined set of controls. It is an attestation over internal controls that directly affect financial reporting—controls […]