A full day of educational insights to help nonprofits thrive!

A full day of educational insights to help nonprofits thrive!

Mark your calendars for AAFCPAs’ 2025 Annual Nonprofit Seminar, a full-day virtual event that delivers practical strategies to help nonprofit leaders and finance professionals navigate current challenges, optimize operations, and drive long-term success within your organization. During the seminar, you will: Save The Date What: AAFCPAs’ Annual Nonprofit Seminar When: April 30, 2025 | 8:45 am – 3 […]

MA Nonprofit Annual Report Due by Nov 1

MA Nonprofit Annual Report Due by Nov 1

AAFCPAs reminds clients that every nonprofit corporation organized under the laws of the Commonwealth of Massachusetts must file a nonprofit annual report with the Corporations Division on or before November 1st of each year. Failure to file can lead to a loss of good standing as a corporation in Massachusetts. Learn more here: https://www.sec.state.ma.us/cor/corpweb/cornp/npfrm.htm

Podcast: CPA — the C is for ‘cool’

Podcast: CPA — the C is for ‘cool’

MACPA (August 29, 2024) – Carla explores how the profession can attract new talent by focusing on purpose and passion rather than just tasks and hours. By highlighting the “why” behind accounting — what makes it exciting, meaningful, and impactful — we can inspire the next generation to see the true value of a career […]

AAFCPAs Receives 2024 Golden Globes Award

AAFCPAs Receives 2024 Golden Globes Award

Boston, MA (August 28, 2024) – AAFCPAs, a preeminent 350+ employee CPA and consulting firm specializing in tax, assurance, accounting, wealth management, business process and IT advisory solutions, is proud to announce recognition as Sustainability Champion by PrimeGlobal’s 2024 Golden Globes Awards. The award was presented at the PrimeGlobal MegaWeek in San Antonio, Texas on […]

IRS Launches Second Employee Retention Credit Voluntary Disclosure Program

IRS Launches Second Employee Retention Credit Voluntary Disclosure Program

AAFCPAs would like to make clients aware that the Internal Revenue Service introduced its second Employee Retention Credit (ERC) Voluntary Disclosure Program, which runs until November 22, 2024. This initiative allows businesses to correct improper ERC payments at a 15 percent discount and avoid future audits, penalties, and interest. Under this program, businesses will need […]

Expert Tip from AAFCPAs – 340B Report Guest Blog

Expert Tip from AAFCPAs – 340B Report Guest Blog

340b Report (August 15, 2024) – Monitoring and maintaining an active patient listing (APL) for all patients whose prescriptions qualify as eligible under the 340B program is imperative. This APL should be updated daily and maintained through the electronic medical record system. The entity’s 340B policy should specify the time period during which a patient […]

Why a Business Process Assessment is Essential for Successful System Implementation

Why a Business Process Assessment is Essential for Successful System Implementation

While it is more instant gratification to skip analysis before selecting the pretty new system with fancy bells and whistles, this may lead to poor fit, high cost, security exposures, downtime, disruption, issues with scalability, and long-term vendor dependance. Employees may also feel resistant to change and frustrated by the new system right off the […]

Seminar Recap: Unlocking the CFO’s Role in Digital Transformation

Seminar Recap: Unlocking the CFO’s Role in Digital Transformation

During AAFCPAs’ recent Nonprofit Seminar (April 2024), Robyn Leet and Joyce Ripianzi, CPA briefed approximately 400 attendees on ways CFOs can unlock digital transformation within their organization. The full session was recorded and may be viewed as a webcast at your convenience. >> Faced with resource constraints, nonprofit organizations are driven to keep operations lean […]

How Schools Confidently Navigate Facilities Expansion

How Schools Confidently Navigate Facilities Expansion

While the design and construction of a new academic facility can be an ambitious and exciting undertaking, it may present financial challenges. To ensure project success and to mitigate risk, it is critical to proactively plan for accounting and financial implications before you break ground. Take for example one of AAFCPAs’ independent school clients that […]