—By Author
Senior Living Facilities Face New Financial Challenges in 2025
Senior living facilities are under pressure, managing rising costs while striving to deliver consistent care to a population that is living longer and often requires more complex support. Staffing remains a central concern: wages are up, agency fees remain high, and the workforce is still recovering from post-pandemic attrition. At the same time, more individuals […]
OBBB State & Local Tax Deduction Increase May Enhance Itemized Benefits
The One Big Beautiful Bill Act, signed into law July 4, 2025, raises the state and local tax (SALT) deduction cap from $10,000 to $40,000 for households with modified adjusted gross income (MAGI) under $500,000. For many, this brings a renewed incentive to itemize, putting mortgage interest, charitable contributions, and property taxes back into play. […]
Sarah Flischel Among Five CPAs Recognized Nationally for Leading Audit Innovation
Boston, MA (August 21, 2025)—AAFCPAs is pleased to announce that Sarah Flischel, CPA, Director of Audit Transformation and Training, has been honored as a recipient of the 2025 AICPA Emerging Leaders Award. Sarah is among five CPAs nationally recognized for their extraordinary leadership, innovation, and commitment to supporting the next generation in the accounting profession. […]
Cash Management Strategies for Life Sciences Companies
Cash drives every strategic decision in the life sciences and medical device field. Whether investing in research and development spending, advancing a therapy through clinical trials, acquiring lab equipment, or managing global vendor relationships, liquidity determines pace and flexibility. Timelines can be long. Outcomes can hinge on regulatory approvals, trial results, or market conditions beyond […]
How Close Automation Tools Support Smarter Nonprofit Operations
The nonprofit month-end close has become an exercise in endurance—manual checklists, spreadsheet reconciliations, and long hours spent assembling reports under deadlines. For lean finance teams, the process is not only inefficient but difficult to sustain. Close automation platforms help reduce that burden by bringing structure, consistency, and transparency to the process. These tools organize workpapers, […]
What Life Sciences Companies Can Do When Funding Slows
In this article: In biotech and life sciences sectors, capital is the engine that powers discovery, development, and scale. But cycles shift. Deals take longer. Investors ask more. And in the quiet between funding rounds, companies face a familiar question: how to move forward when the momentum stalls. This is not a new challenge but […]
Scaling Without Hiring Begins With Process
In the article: Budget cycles are tightening. Costs are up. Many organizations have been forced to operate with fewer resources, even as expectations and workloads grow. For some, especially in sectors like healthcare or nonprofit, the usual options for relief, such as hiring or expanding capacity, are not realistic. What remains is often overlooked: the […]
Interest Deduction Limits Loosened, Restoring Favorable Treatment for U.S. Businesses
Businesses financing growth may see renewed opportunities to recover interest costs more quickly under the One Big Beautiful Bill Act (OBBBA) due to a change that restores depreciation and amortization addbacks in calculating the limit on deductible interest. This adjustment to Internal Revenue Code Section 163(j) marks a return to the more generous standard in […]
Inventory Costing: One of Cannabis’s Most Misunderstood and Financially Critical Business Processes
Cannabis Business Times (August 06, 2025)- Inventory costing remains one of the most misunderstood and financially consequential areas in the cannabis industry. For cultivators, the process begins in the soil. Costs start accumulating long before harvest, yet many fail to track expenses like nutrients, labor, and overhead as plants move through the stages of clone, […]