Greta Whelan
New Mortgage Interest Rules Offer Opportunities for Individual Taxpayers
How the OBBB Act Changes Mortgage Interest Deductions The rules for deducting mortgage interest have shifted in ways that may prompt many individual taxpayers to rethink their year-end tax planning. The newly enacted One Big Beautiful Bill (OBBB) Act locks in a key limit on acquisition debt, adds a deduction for private mortgage insurance beginning […]
Individual/Family Tax and Wealth Preservation Webinar 2025
Protect and grow personal wealth with strategies from AAFCPAs’ 2025 Individual and Family Tax and Wealth Preservation webinar. Gain insights on preserving assets, managing evolving tax rules, and preparing for changes in estate and retirement planning. In this session, you will learn: Save The Date What: 2025 Individual and Family Tax and Wealth Preservation Webinar […]
Promotions Celebrated at AAFCPAs
AAFCPAs, a U.S. Top 100 CPA and consulting firm, is pleased to announce recent promotions across audit and assurance, tax, Outsourced Accounting & Fractional CFO along with technology, process, and risk advisory. We are proud to recognize the remarkable accomplishments and dedication of our team members, whose expertise, passion, and innovative spirit continue to set […]
What Taxpayers Need to Know About the Child Tax Credit
As part of the American Rescue Plan Act of 2021, the IRS increased the amount of the Child Tax Credit and plans to issue up to 50% of the credit in the form of monthly advanced payments beginning July 15, 2021. Taxpayers may claim the remaining credit when they file their 2021 income tax return. […]