Courtney McFarland

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340B ESP New Data Request Raises Concerns About Overreach

340B ESP New Data Request Raises Concerns About Overreach

340B Report (February 24, 2024) – The drugmaker vendor 340B ESP’s recent requests for additional claims data from some 340B hospitals has raised concerns from 340B providers that the vendor is going beyond the scope of what it is legally permissible to collect. An email obtained by 340B Report from 340B ESP to a 340B […]

FASB Approves New Guidance on Certain Crypto Assets

FASB Approves New Guidance on Certain Crypto Assets

AAFCPAs would like to make clients aware that in December 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) 2023-08, Intangibles – Goodwill and Other – Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets. Note: the amendments in ASU 2023-08 require that an entity measure “in-scope” crypto assets (as […]

New Bill Could Amend ERTC Due Date

New Bill Could Amend ERTC Due Date

AAFCPAs would like to make clients aware of a new bill that has reached congress titled The Tax Relief for American Families and Workers Act of 2024, a vote for which is anticipated by January 31, 2024. If passed, this bill could amend the due date of Employee Retention Tax Credit (ERTC) filings to January […]

IRS Launches New ERC Withdrawal Process to Combat Fraud

IRS Launches New ERC Withdrawal Process to Combat Fraud

AAFCPAs would like to make clients aware that the IRS has released details of its special Employee Retention Credit (ERC) withdrawal process. This initiative is designed to assist employers who filed an ERC claim but have concerns about its accuracy due to pressure or misleading advice from ERC marketers or promoters. The new withdrawal option […]

MassCPAs 2023 Women’s Leadership Summit

MassCPAs 2023 Women’s Leadership Summit

On October 26th, 2023, AAFCPAs had the pleasure of celebrating our very own, Courtney McFarland, CPA at the MassCPAs Women’s Leadership Summit! Congratulations to Courtney McFarland, CPA, and alumna Amanda Pelcher, CPA, on their well-deserved honors! We are incredibly proud of both of you!!

Courtney McFarland Selected for MassCPAs’ Women to Watch Award

Courtney McFarland Selected for MassCPAs’ Women to Watch Award

Boston, MA (October 9, 2023)—AAFCPAs, a preeminent 300+ employee CPA and consulting firm specializing in tax, assurance, accounting, wealth management, business process and IT advisory solutions, is pleased to announce that Courtney McFarland, CPA, MSA, 340B ACE, Partner has been selected as recipient of the 15th Annual MassCPAs Women to Watch Award in the Experienced […]

Best and Worst Practices in Nonprofit Finance

Best and Worst Practices in Nonprofit Finance

During AAFCPAs’ recent Nonprofit Educational Seminar (April 2023), leaders in our Managed Accounting & Advisory Solutions practice provided more than 400 attendees with a behind the scenes glimpse into some of the best and worst practices in nonprofit financial operations. The session included insight, thoughts, and recommendations from Joyce Ripianzi, CPA, Lauren M. Duplin, CPA, […]

IRS Halts ERC Claims and Urges Vigilance to Combat Fraud

IRS Halts ERC Claims and Urges Vigilance to Combat Fraud

AAFCPAs would like to make clients aware that, as of September 14, 2023, the IRS has ordered an immediate halt to new Employee Retention Credit (ERC) claims in an effort to curtail a surge in scams. This move is set to affect all businesses taking or thinking about taking credits. The moratorium extends through the […]

Staying Ahead of Healthcare Reimbursement Reforms

Staying Ahead of Healthcare Reimbursement Reforms

As you may know, the nation’s healthcare reimbursement model is pivoting from one that incentivizes the number of visits provided to one that rewards health outcomes of patient populations instead. While some payors have already made this switch, we are seeing a significant trend in the marketplace for public and private payors to shift reimbursement […]