How Brexit May Impact Your Investments

You are likely aware of the recent news of the United Kingdom’s vote to leave the European Union.  Below is a quick summary of what has occurred: On June 23rd 2016, the United Kingdom voted yes on a referendum to leave the European Union. The process of actually leaving the European Union could take 2-3 […]

Nonprofits and the “Bucket system”: from cash management to investment returns

It can be tempting for nonprofits to focus solely on near-term strategy.  The grant environment is challenging, and competition for donor dollars has never been fiercer.  Keeping a plan on track that supports financial health is often a year-by-year exercise. That exercise, though, varies widely depending on how the organization brings in revenue. Those that […]

AAFCPAs Affiliate, HighSight LLC Announces Rebrand and Change of Name to AAFCPAs Wealth Management

AAFCPAs Affiliate, HighSight LLC Announces Rebrand and Change of Name to AAFCPAs Wealth Management

Wellesley, MA 1/7/2016 – HighSight LLC, an affiliate company of AAFCPAs, today announces the adoption of AAFCPAs Wealth Management as its global brand name, and unveils a new logo and website.  The change better reflects the company’s close cultural affiliation with AAFCPAs (Westborough, Boston, Wellesley, MA), the preeminent tax, assurance, and consulting firm with national […]

Reduce Your Corporate or Partnership Income Tax for 2015

For every business, there is a lot at stake when it comes to tax. AAFCPAs wants you to take full advantage of all available tax benefits to assure you are optimizing your tax liability. Below are a few examples of vehicles to consider that may work favorably for you, but your planning should begin now.   […]

IRS Announces 2016 Retirement Plan Limitations

The IRS recently announced cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2016.  In general, the pension plan limitations will not change for 2016. However, the following minor limitations changes are effective January 1, 2016: For an IRA contributor who is not covered by a workplace retirement plan […]

In Down Market, Consider Recharacterizing Your Conversion to a Roth IRA

AAFCPAs reminds our clients and friends that October 15th is the deadline for re-characterizing (“undoing” or “reversing”) a rollover or conversion to a Roth IRA from a traditional IRA made in 2014. This is a rare opportunity offered by the IRS, where you, as a taxpayer, may undo a tax strategy that may no longer […]

AAF Receives Service Award from Wellesley Chamber

Alexander Aronson Finning CPAs was honored on Thursday April 3 with the 2014 Professional (Services Firm) of the Year award. Presented by the Wellesley Chamber of Commerce at the 12th Annual Celebration of Wellesley Businesses, this award was given to a professional services firm who excels in client service, gives back to the community and […]