How to Document System Requirements Before You Choose New Software
New software opens up abundant opportunities for improvement: automated processes, streamlined workflows, system integrations, and much more. For many organizations, however, bridging the gap between current systems to new systems can be daunting. What begins as a push for efficiency can lead to frustration when the system fails to meet expectations—or worse, creates new problems. […]
Massachusetts to Automate Penalties on Late Advance Payments Starting July 2025
Beginning July 1, 2025, the Massachusetts Department of Revenue (DOR) will automatically assess penalties on businesses that fail to make required advance tax payments by the 25th of each month. The advance payment requirement, in place since 2021, applies to businesses with more than $150,000 in annual tax liability from certain indirect taxes, such as […]
Navigating multi-state employment: Payroll tax compliance in the hybrid era
Benefits Pro (June 06, 2025)- It’s critical to take a step back and create a plan, assessing and managing the risks that come along with distributing employees across the country. The rise of remote and hybrid work is no longer a temporary response to disruption. Even as “work from home” becomes a less prevalent reality, […]
AAFCPAs’ 2024 Impact Report
AAFCPAs and its family of companies are excited to share our 2024 Impact Report! This year has been a remarkable journey of growth, innovation, and unwavering commitment to our core values. At AAFCPAs, we believe in the power of a global community. In this report, we highlight the collective efforts of our firm and its […]
Estate Planning Pro Tip for Married Couples: Don’t Overlook Portability
In this article: Estate planning ensures that wealth transfers happen efficiently with minimal tax exposure. One of the most powerful tools in the estate planning toolkit for married couples is portability, which allows a surviving spouse to inherit any unused federal estate tax exemption from their deceased partner. It is a concept that can significantly […]
Fresh Talent, Same Trusted Expertise at AAFCPAs
Boston, MA (June 5, 2025)—AAFCPAs, a U.S. Top 100 CPA and consulting firm with a work from anywhere model, is pleased to announce the expansion of its team to support the continuing growth and diverse needs of our sophisticated clients. As part of this, the firm welcomes Lucy LeBlond as Campus and Talent Management Specialist, […]
Carla McCall Reflects on AICPA Chair Term with Message to the Profession
As her term concludes as 2024–25 Chair of the American Institute of CPAs and co-chair of the Association of International Certified Professional Accountants, Carla McCall, CPA, CGMA, AAFCPAs’ Managing Partner, offers a message centered on leadership, transformation, and human connection. McCall, the 111th chair and only the seventh woman to serve in the role, uses […]
Seminar Recap: Embracing Continuous Close for Real-Time Financial Insights
During AAFCPAs’ recent Nonprofit Seminar (April 2025), Joyce Ripianzi, CPA, Amy Staunton, CPA, and Lauren M. Duplin, CPA of AAFCPAs’ Outsourced Accounting & Fractional CFO practice presented to more than 550 attendees practical guidance on how nonprofit finance teams may adopt a continuous close model to improve accuracy, timeliness, and efficiency. Many nonprofits are already […]
Seminar Recap: Strategic Software Add-Ons to Streamline Operations
During AAFCPAs’ recent Nonprofit Seminar (April 2025), Robyn Leet and Stuart Karas of AAFCPAs’ Business Process & IT Consulting practice presented strategic considerations for nonprofit finance leaders looking to improve efficiency, automate painful manual operations, reduce duplication, and make better use of their existing software tools. Nonprofits often rely on a patchwork of systems—some modern, […]