Jonathan Bloom
AAF Wealth Management Q1 2025 Market Insights
In an ongoing commitment to keep you abreast on a range of issues that might affect your business and/or personal financial plans, AAFCPAs is pleased to share Q1 2025 Market Insights published by AAF Wealth Management, a wholly owned subsidiary of AAFCPAs. This provides investors with an understanding of what’s driven performance of late. The […]
Navigating Federal Funding Uncertainty: Financial Strategies for Nonprofits
Nonprofits across the country are facing an uncertain financial future as the federal funding freeze and shifting policies disrupt their budgets. Organizations that have long relied on stable government grants are now being forced to reassess their financial strategies, manage liquidity more carefully, and rethink how they maintain reserve funds. Evaluating Financial Reserves and Liquidity […]
The Hidden Costs of Selling a Business Without a Plan
In this article: Selling a business is one of the most significant financial decisions owners face, with implications that reach far beyond the transaction itself. A lack of strategic planning could mean leaving value on the table or overlooking critical opportunities. To ensure the sale supports your financial and personal goals, careful preparation and guidance […]
AAFCPAs’ 2024 Growth Story Included Six New Partners
Boston, MA (January 27, 2025) — AAFCPAs reflects with gratitude on our success and organic growth in 2024 with six partnership additions. The company continues in its organic growth trajectory as valued clients spread the word about AAFCPAs’ exceptional value, agility, responsiveness, national reach, and innovative technology-driven solutions. 2024 partner additions included: Jonathan Bloom, CFP®, […]
AAF Wealth Management Q4 2024 Market Insights
In an ongoing commitment to keep you abreast on a range of issues that might affect your business and personal financial health, AAFCPAs is pleased to share Q4 2024 Market Insights published by AAF Wealth Management, a wholly owned subsidiary of AAFCPAs. This provides investors with an understanding of what’s driven performance of late. Overall, […]
Social Security Changes for Public Service Employees
What To Know About the Social Security Fairness Act On Sunday, January 5, President Biden signed the Social Security Fairness Act into law, marking one of the most significant changes to Social Security in decades. This legislation directly affects around three million public service employees, including teachers, firefighters, police officers, and their families. Beneficiaries will […]
Post-Election Tax Update Webinar Recap
In this article: The outcome of the U.S. election sets the stage for potential tax policy shifts, leaving decision-makers wondering how they may prepare for what lies ahead. The new administration is considering changes to personal, corporate, and estate taxes along with broader economic policies. Considering this uncertainty, AAFCPAs advises that clients plan proactively to […]
IRS Increases Tax-Free Charitable Giving Limit for IRA Owners
In a recent announcement, the IRS increased the annual limit for tax-free charitable donations from IRAs, allowing eligible IRA owners aged 70½ and older to give up to $105,000 tax-free in 2024. These contributions, known as Qualified Charitable Distributions (QCDs), may help reduce taxable income while also benefiting eligible charitable organizations. For those aged 73 […]
Top Takeaways From Our 2024 Tax Planning & Wealth Preservation Webinar
In this article: Strategic tax planning preserves wealth and ensures a lasting legacy. During AAFCPAs’ recent Individual/Family and Wealth Preservation webinar (October 2024), Jonathan Bloom, CFP®, AIF®, Joshua England, LLM, Esq., Richard Weiner, CPA, MST, CM&AA, Daniel Seaman, CPA, and Tyler Champagne, CPA, MSA shared wealth preservation insights including strategies to help optimize your tax […]