Kelly Zack
2025 SALT Tax Changes: 9 Key Updates for Business Growth and Multistate Compliance
State and local tax developments in 2025 present opportunities for businesses to refine planning and maximize benefits. From updated economic nexus thresholds to expanded deductions and streamlined property filings, understanding these changes allows you to make informed decisions and coordinate personal and business tax matters efficiently. This recap highlights key SALT updates that may help […]
AAFCPAs Celebrates 2025 Partner Class
AAFCPAs celebrates its 2025 partner class, recognizing the accomplishments of five outstanding professionals whose promotions and roles reflect both personal achievement and the firm’s continued growth. Each new partner has demonstrated a record of leadership, technical excellence, and a client-first approach. Together, they strengthen AAFCPAs’ ability to provide thoughtful, forward-looking solutions beyond our core audit […]
Why Tax Planning Should Begin Well Before a Multistate or International Business Sale
When preparing a business for sale, one of the first areas buyers examine is tax compliance. Where a company files state income, sales, and payroll taxes—and whether those filings are complete—can become a central focus of due diligence. Gaps in compliance, or even unintentional oversights, can lead to buyer holdbacks, unexpected liabilities, delays in closing, […]
NY Domicile Ruling: Lessons from Hoff for Residency and Tax Planning
New York’s Tax Appeals Tribunal recently sustained a domicile assessment in Hoff v. New York Tax Appeals Tribunal, finding that the taxpayers remained New York domiciliaries for 2018 and 2019. While this decision comes out of New York, the scrutiny outlined in detail below is not unique. Many states apply similarly rigorous analyses when evaluating […]
Sales Tax Compliance for Ecommerce Sellers Discussed on Connex eCommerce Podcast with Kelly Zack
Kelly Zack, MST, Partner in AAFCPAs’ State & Local Tax practice, joined the Connex eCommerce Podcast for a discussion on how online sellers may navigate sales tax compliance with confidence. Hosted by Joe Anderson, the episode explored common misconceptions about nexus and marketplace rules, as well as practical ways ecommerce businesses may simplify reporting and […]
Business Tax Strategies 2025: Watch our Webinar OnDemand
2025 Business Tax Planning Webinar Position your business for year-end success with insights from AAFCPAs’ 2025 Business Tax Strategies webinar. Learn strategies to optimize your tax position, stay ahead of regulatory changes, and ensure your financial records are accurate and compliant. In this session, you will learn: Webinar OnDemand
SALT Partner Kelly Zack Strengthens Community Leadership Through Board Service
AAFCPAs’ Partner Kelly Zack, MST recently joined the board of Victory Programs, Inc. (VPI), a Boston-based nonprofit dedicated to providing hope, recovery, and community for individuals and families facing homelessness, addiction, or chronic health conditions. VPI envisions communities that are safe, healthy, and inclusive, offering programs that address housing, wellness, and supportive services to help […]
OBBB Creates More Deduction Room for Middle-Income Filers
For years, the state and local tax deduction has been an important consideration for taxpayers in high-tax states. In 2017, The Tax Cuts and Jobs Act set a $10,000 cap, which limited the ability of many individuals and pass-through entity shareholders to reduce federal taxable income. The One Big Beautiful Bill (OBBB) Act, signed into […]
Court Upholds Massachusetts Tax on Business Gain After Owner Relocates
In this article: The Massachusetts Appeals Court recently ruled that a tech founder’s $4.7 million stock sale could be subject to state income tax, despite his move out of state. Craig Welch, who co-founded AcadiaSoft, Inc. in 2003, initially held a 50-50 ownership split with one partner, though his interest was diluted over time as […]