About AAFCPAs
Watch Now: Claiming the Employee Retention Credit
The Consolidated Appropriations Act, 2021, signed on December 27th, 2020, expanded eligibility for the Employee Retention Credit (ERC) by allowing those—including tax-exempt organizations—who received Paycheck Protection Program (PPP) loans to qualify. Prior to December 27, 2020, PPP loan recipients could not also file for eligible tax credits. The expanded eligibility is retroactive, and as a […]
AAFCPAs Announces Promotions and Peer Nominated Awards
“Our people are our greatest asset! Therefore, AAFCPAs hires exceptional people at all levels, develops them faster and provides opportunities for personal and professional growth. Our culture ensures they feel a genuine sense of being cared about; and that care extends to how graciously we serve our clients, and communities.” said Carla McCall, CPA, CGMA, […]
Collect Data to Create Business Insight
Do You Make Sense of the Data You Collect? There are numerous and diverse reasons for nonprofits to adopt data analytics and predictive modeling tools. The implications are enormous if you commit to making sense of the swathes of data you collect every single day. For example: They are helping membership organizations to more positively […]
How a Strong Firm Culture Keeps CPAs Focused in Difficult Times
This tax season is a challenging time for CPA firms, and the goal posts seem to continue to move further away. While the IRS was initially steadfast in maintaining regular tax deadlines in 2021, that is giving way to new discussions about extending the filing season in a fashion similar to 2020. This extension may […]
Watch Now: Charter Schools, Understand COVID Funding Compliance
In response to the COVID-19 pandemic, Charter Schools have gained access to various forms of government funding. Schools who expended certain government funding in excess of $750,000 in fiscal year 2021 are subject to an audit in accordance with Uniform Guidance. For some charter schools, this may be your first exposure to this rigorous Federal […]
AAFCPAs Jack Finning Earns Certified Business Exit Consultant Designation
AAFCPAs is pleased to announce that Jack Finning, CPA, CGMA, CBEC recently earned the Certified Business Exit Consultant® designation from Pinnacle Equity Solutions, Inc. To receive the CBEC designation, Jack achieved a significant level of distinction, demonstrating mastery of the exit planning process including the delivery of solutions that assist business owners with the largest […]
Movers & Shakers for February 22, 2021
Westborough accounting firm AAFCPAs announced managing partner CARLA MCCALL has been named one of 2020’s Most Powerful Women in the Accounting Profession by the American Institute of CPAs. The list names 25 women annually who are helping to advance the accounting profession.
AAFCPAs Promotes Allison Cree to Manager, Supporting Firm Growth
It is with great pleasure that AAFCPAs recognizes the professional skill, tremendous effort, and exceptional character of Allison Cree, CPA, MSA, who has recently been promoted to Manager. Allison has extensive experience providing audit, tax, and advisory solutions to sophisticated nonprofits, including multiservice human & social service providers, behavioral health providers, community health centers, charter […]
AAFCPAs’ 2021 Nonprofit Educational Seminar
AAFCPAs is excited to announce that registration is now open for our 12th Annual Nonprofit Educational Seminar, scheduled for Wednesday, April 28. As a client and/or friend of AAFCPAs, your registration will be complimentary. We are excited this year to announce we will be hosting this popular event virtually! AAFCPAs’ Annual Nonprofit Educational Seminar is considered by […]