—By Author
Maximize Your Business Sale Value: Why Accurate Financials Matter
In this article: Businesses considering a sale, merger, Unsolicited Friendly Offer (UFO), or even a partial sale in exchange for a significant outside investment typically hear one piece of advice: Ensure your books are in order. Clean, accurate, and up-to-date financial records are essential for transaction success, particularly as prospective buyers or investors demand greater […]
Is your chart of accounts an unnecessarily complex maze?
In the fast-paced world of business, growth often leads to complex challenges, especially in accounting. A common issue many organizations face as they expand is the management of increasingly lengthy account numbers. These numbers, which detail segments of transactions such as location, department, and grants, can become unwieldy as organizations rise to meet new challenges. […]
Carla McCall Named One of Accounting Today’s 2024 Top 100 Most Influential People
Carla McCall, managing partner of AAFCPAs and chair of the AICPA, has been named one of Accounting Today’s Top 100 Most Influential People in Accounting for 2024. This recognition celebrates her exceptional leadership and dedication to advancing the profession through digital transformation and strategic vision during a critical period of change. Joining the ranks of […]
Navigate Finance Team Disruptions and Ensure Continuity
Editor’s Note: This article was originally published in 2024 and was updated in June 2025 for accuracy and relevance. An abrupt change or turnover in the finance function requires a swift and strategic response. Losing a key figure in the department, for example, may leave your company vulnerable, creating an immediate need for financial oversight and […]
Janice O’Reilly Discusses Financial Strategies for Cannabis Industry at MJ Unpacked
At the 2024 MJ Unpacked event, held November 5-7 in St. Louis, Missouri, AAFCPAs’ Janice O’Reilly, CPA, CGMA, Partner shared valuable insights with Highly Capitalized Network on navigating the complex financial landscape of the cannabis industry. MJ Unpacked is the nation’s only cannabis industry trade event with exclusive attendance for licensed operators, researchers, and investors. […]
Ryan Wolff Receives 2024 Digital CPA Innovative Practitioner Award
Boston, MA (December 10, 2024)—AAFCPAs, a preeminent 350+ employee CPA and consulting firm specializing in tax, assurance, accounting, wealth management, business process and IT advisory solutions, is pleased to announce that Ryan Wolff, Strategic Innovation & Data Analytics, has been honored with the prestigious 2024 Digital CPA Innovative Practitioner Award. This award recognizes Ryan’s exceptional […]
Federal Court Temporarily Halts BOI Reporting Requirements
A federal district court in Texas has issued a nationwide preliminary injunction halting enforcement of the Corporate Transparency Act (CTA) and its beneficial ownership information (BOI) reporting requirements. The ruling, issued on December 3, 2024, found that the CTA likely exceeds Congress’ constitutional authority and temporarily suspends the January 1, 2025, reporting deadline for businesses. […]
From the Desk of Kevin Hodson: New Retirement Savings Limits and the Impact of Cost of Living
With the conclusion of this year, let’s welcome the opportunities of the next. Following are updates on retirement savings limits and their impact on your financial planning. Also, let’s consider the rising cost of living on your financial strategies. New Retirement Savings Limits and Catch-Up Contributions Starting next year, there are significant changes to the […]
From the Desk of Andrew Hammond: 529 to Roth IRA Rollovers
As we get closer to the end of the year, I wanted to share some exciting news about a new financial strategy that may benefit your family’s long-term financial health. This strategy involves using 529 plans and Roth IRAs to make the most of your savings and investments. A New Opportunity: 529 to Roth IRA […]