Seminar Recap: Decoding RPA for CFOs
During AAFCPAs’ recent Nonprofit Seminar (April 2024), Vassilis Kontoglis and Ryan K. Wolff, MBA briefed approximately 400 attendees on the ways in which nonprofit executives can harness RPA for financial automation. The full session was recorded and may be viewed as a webcast at your convenience. >> Robotic Process Automation (RPA) is transforming finance, accounting, […]
Jay Stout Awarded AAFCPAs’ 2024 Joseph Birolini Scholarship
AAFCPAs is honored to announce that Jay Stout has been awarded the 2024 Joseph Birolini Scholarship. This award, valued at $1,000, will be sent directly to Nichols College to support Jay’s pursuit of a Master of Science in Accounting (MSA). One team member each year is selected to receive the Joseph Birolini Scholarship by navigators […]
Market Volatility: What You Need to Know
In an ongoing commitment to keep you abreast on a range of issues that might affect your business, AAFCPAs is pleased to share insights published by AAF Wealth Management, a wholly owned subsidiary of AAFCPAs. The stock market has experienced significant volatility in recent weeks. After reaching a high in mid-July, the S&P 500 has […]
Advancing Accounting
Bentley University (July 31, 2024) – What does the CPA of the future look like? If they’re anything like Carla (Stella) McCall ’89, P ’28: whip smart, passionate about the industry and a tireless advocate for evolving the profession. The managing partner at AAFCPAs, a 325-person CPA and consulting firm based near Boston, McCall is […]
AAFCPAs Celebrates 2024 National Health Center Week
Each August, National Health Center Week aims to promote awareness of America’s 1,400 Community Health Centers (CHCs), which act as a beacon of strength, service, and care within our communities. Across the country, CHCs support 500,000 direct and indirect jobs, create nearly $85 billion in economic output, and save our nation’s health system billions of […]
IRS Shares Five New Warning Signs of Incorrect ERC Claims
The IRS has released five new warning signs to help businesses prepare for upcoming actions against improper Employee Retention Credit (ERC) claims, urging businesses to act proactively to resolve those to avoid penalties, interest, and audit. The agency advises that businesses consult with trusted tax professionals to review and correct any claims initially filed by […]
FQHCs Boost Revenue Through MassHealth Change in Scope of Services
AAFCPAs would like to make Federally Qualified Health Center (FQHC) clients in Massachusetts aware that MassHealth change in scope guidelines provide an adjustment process for certain changes in scope and an associated boost in revenue through an increased Prospective Payment System (PPS) rate. The U.S. Department of Health and Human Services (HHS) defines a change […]
Urgent: 2023 Cost Report Submission Deadline for Massachusetts Community Health Centers
AAFCPAs would like to make Massachusetts Community Health Centers aware that the Center for Health Information and Analysis (CHIA) has announced it is now collecting cost reports for the fiscal year ending in 2023. Initial communication and instructions indicate 2023 cost reports are due on August 26, 2024, regardless of fiscal year end date. The […]
Making a Difference with our 10% Back to Nonprofits Commitment
As our clients know, AAFCPAs commits to donate 10 percent of our net income annually back to nonprofits. Our giving comes in many forms, including donations of time, talent, and treasure. This commitment, and our close relationship with nonprofits, has a tremendously positive impact on the employees and culture of AAFCPAs. Here are some of […]