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AAFCPAs Announces Promotions

AAFCPAs Announces Promotions

AAFCPAs, a preeminent CPA and consulting firm based in New England, is pleased to announce promotions for the following team members in recognition of their competence, commitment, and superior performance serving our diverse client base in their respective areas of practice. New Director and Managers: Amy Staunton, CPA is a senior member of AAFCPAs’ Managed […]

IRS Issues Guidance on Deduction for FDII, GILTI

AAFCPAs would like to make clients aware that the IRS and Treasury issued final regulations recently covering the Section 250 deduction for foreign-derived intangible income (FDII) and global intangible low-taxed income (GILTI). FDII and GILTI were introduced to US tax law as part of the 2017 Tax Cuts and Jobs Act and apply to domestic […]