Industry
How the Anticipated Rescheduling of Cannabis and its Effects on 280E Reshapes Cannabis Tax Strategy
Cannabis businesses may gain access to tax deductions and strategies long restricted under federal law. This shift requires careful reassessment of cash flow, accounting positions, and long-term planning to leverage new flexibility. Key Takeaways: For years, Section 280E has shaped nearly every financial decision cannabis operators make. It dictates how taxes are calculated, how cash […]
How to Evaluate Whether a Firm Can Perform a SOC 1 Examination
SOC reports are often discussed as if they are interchangeable. In practice, that assumption breaks down quickly. A SOC 1 report is not a general compliance exercise, nor is it a standardized assessment that can be produced from a predefined set of controls. It is an attestation over internal controls that directly affect financial reporting—controls […]
AAFCPAs Celebrates 2026 National Charter Schools Week
AAFCPAs invites you to join the nationwide celebration of National Charter Schools Week, held May 10–16, 2026. The week recognizes public charter schools nationwide and their employees along with the role they play in advancing academic achievement. This year’s focus brings added attention to Career and Technical Education (CTE) programs and their contribution to workforce […]
Cannabis Rescheduling to Schedule III: What It Means for Cannabis Businesses
The U.S. Department of Justice has begun the long-anticipated shift of cannabis from Schedule I to Schedule III under the Controlled Substances Act. The action follows a presidential directive issued late last year and marks a notable change in how federal regulators approach cannabis, particularly in the context of medical use, research, and taxation. The […]
AAFCPAs Shares Nonprofit Audit Proofing Strategies at 2026 Institute for Trustees Conference
AAFCPAs has been invited to present a workshop as part of the 2026 Institute for Trustees Conference for nonprofit board members and executive directors presented by Essex County Community Foundation, Greater Worcester Community Foundation, Community Foundation for MetroWest, and South Coast Community Foundation. The conference brings together nearly 1,000 leaders from across the sector to […]
How Nonprofits Can Build Stronger Partnerships Between Boards and Management
Nonprofits change in step with the communities they serve. Programs grow, ambitions expand and, with them, the questions multiply: Are governance and strategy moving together—or drifting apart? Boards and leadership teams who pause to reflect on their roles, priorities, and long-term objectives often find new ways to contribute to the organization’s vision and strengthen the […]
How Nonprofits Can Strengthen Revenue Mix for Long-Term Financial Sustainability
Most nonprofits rely on a familiar set of funding sources. Over time, those sources can come to define how revenue conversations unfold, shaping assumptions about what is realistic, worthwhile, or even possible. This can narrow the way organizations think about revenue, even when their mission, expertise, and day‑to‑day operations suggest there may be more room […]
AAFCPAs to Present Financial and Data Strategies for Community Health Centers at CHI 2026
Rising costs, shifting healthcare reimbursement models, and growing patient demand continue to strain Federally Qualified Health Centers (FQHCs) and other healthcare providers across the nation. Management is forced to weigh difficult decisions while seeking practical ways to stabilize operations, improve cash flow, and protect mission‑driven care. AAFCPAs is pleased to present two sessions at the […]
FQHC Financial Pressures Draw National Attention, With Insight From AAFCPAs
HealthLeaders (April 10, 2026) – AAFCPAs was recently featured in a HealthLeaders article “The Hardest Year Yet: How This FQHC Is Fighting to Regain Financial Footing,” which examines rising financial strain across federally qualified health centers. In the article, Courtney McFarland, CPA, MSA, 340B Apexus Certified Expert™, Partner at AAFCPAs, describes how expenses are outpacing […]