Print Friendly, PDF & Email



Webinar: 2018 Year-End Tax Planning for Privately-Held Companies (Part 1)

Webinar: 2018 Year-End Tax Planning for Privately-Held Companies (Part 1)

Information continues to emerge as a result of the monumental Tax Cuts & Jobs Act.  For privately-held companies, the TCJA impacts your financial statements, operating model, liquidity, investments and capital, and people. For individuals, the TCJA impacts personal withholdings, charitable giving, family & education, retirement, and estate planning. AAFCPAs is pleased to offer a timely, 3-Part Webinar Series featuring some of the most significant TCJA changes and their potential impact... continue reading

3 Steps to Staying Sharp Through Our Busy Seasons

3 Steps to Staying Sharp Through Our Busy Seasons

AccountingWeb | Whether you are part of a large, multi-service CPA firm or a solo practitioner, you likely feel the pressure during deadline seasons as they test our process efficiencies, team cohesiveness and talent.  AAFCPAs Co-Managing Partner Dave McManus provides 3 steps to staying sharp through busy seasons.

AAFCPAs’ Tax Practice Recommends Individual Tax Planning Considerations with Respect to the Tax Cuts and Jobs Act

On Friday, December 22, 2017, President Trump signed the Tax Cuts and Jobs Act (H.R. 1) (the “TCJA”). The final legislation is lengthy and complex, and the AAFCPAs tax practice recommends the following individual tax planning considerations. As mentioned in a previous blog, the law specifically disallows the strategy of prepaying 2018 state income taxes before December 31, 2017. Prepayment of some property taxes may be advisable for taxpayers not... continue reading

Medicinal and Recreational Cannabis Business Roundtable: What You Need to Know

Medicinal and Recreational Cannabis Business Roundtable: What You Need to Know

David McManus, CPA, CGMA, AAFCPAs’ Co-Managing Partner, and Mike Ross, Co-Chair of Prince Lobel’s Cannabis team will lead an interactive roundtable discussion, scheduled for September 28th, on the interpretation and implementation of Massachusetts’ new marijuana statute. Participants include experts in tax, nonprofits, licensing, raising equity, municipal permits and zoning.  Massachusetts regulators and law makers have also been invited. When September 28, 2017 5:30pm – 7:30pm Where Prince Lobel Tye LLP... continue reading

Medicinal and Recreational Cannabis Business Roundtable: What You Need to Know | 9/28/17

Medicinal and Recreational Cannabis Business Roundtable: What You Need to Know | 9/28/17

David McManus, CPA, CGMA, AAFCPAs’ Co-Managing Partner, and Mike Ross, Co-Chair of Prince Lobel’s Cannabis team led an interactive roundtable discussion, scheduled for September 28th, on the interpretation and implementation of Massachusetts’ new marijuana statute. Participants include experts in tax, nonprofits, licensing, raising equity, municipal permits and zoning. Massachusetts regulators and law makers have also been invited. When September 28, 2017 5:30pm – 7:30pm Where Prince Lobel Tye LLP One... continue reading

Significant Changes Resulting from Cannabis Bill H.3818

Massachusetts Governor Charlie Baker recently signed an overhaul of the state’s voter-passed recreational marijuana law: Massachusetts Bill H.3818 (AN ACT TO ENSURE SAFE ACCESS TO MARIJUANA).  AAFCPAs highlights a number of significant changes that will affect the Massachusetts cannabis industry—some of which take effect immediately. The immediate changes include: The repealing of the requirement that all medical marijuana licensees organize as not-for-profit corporations, and providing the ability for current and... continue reading

A View from the Trenches: Handling the IRS, clients and the other frustrations of tax filing season

A View from the Trenches: Handling the IRS, clients and the other frustrations of tax filing season

AccountingToday.com | AAFCPAs Co-Managing Partner Dave McManus believes now is the time to educate clients regarding tax planning as a year-round  exercise. “We’re not looking solely at the compliance process at the end of the year. Our objective is to work with clients throughout the year and to get a real sense of who they are, how their business relates to their personal situation if they have a business. We’re not giving clients any... continue reading

Tax planning is an ongoing discipline – waiting for year-end means missing out on real opportunities

Personal and business circumstances are always evolving, presenting opportunities to balance or adjust short-term activities that support a long-term strategy As we head into November, the weight of year-end tax planning starts to bear down on individuals and business owners. Often, this time of year signals a rush of backward-looking assessments and last-minute adjustments to minimize tax payments that will come due in the Spring. To make the most of... continue reading