AAFCPAs is pleased to announce that Philip Deng, recognized for his ability to leverage advanced technology in the nonprofit space, will be keynote speaker at its 2024 Virtual Nonprofit Educational Seminar on April 24th. Deng is a nonprofit veteran and CEO of Grantable, an AI-assisted grant writing solution. Unlocking the Power of AI with Philip […]
Nonprofit organizations are often thought to be tax exempt. But this is a misnomer, as there are many situations where a nonprofit may have to either pay or collect and remit tax. Private foundations, also under the umbrella of 501(c)(3) nonprofit organizations, are subject to a 1.39 percent net investment tax on their investment income […]
Save the Date: AAFCPAs’ 2024 Nonprofit Educational Seminar
AAFCPAs invites you to join us for our Annual Nonprofit Educational Seminar, virtual again in 2024 and considered by many nonprofit CFOs and Executive Directors to be the premier nonprofit finance educational event of the year. Our panel of industry specialists will discuss important accounting, tax, and regulatory matters that affect nonprofits along with ways […]
Joyce Ripianzi, CPA, Nonprofit Partner in AAFCPAs’ Fractional CFO & Outsourced Accounting Practice, has been invited to present strategies for improving audit preparation at the joint professional development event, ‘Nonprofit Outlook for 2024: Guidance for the Year Ahead’, held by FEI Boston and the Mass Nonprofit Network. The event will be held on January 10, […]
During AAFCPAs’ Nonprofit Educational Seminar (April 2023), Business Process & IT Consulting leaders Robyn Leet and Dawn M. Pantano, CPA, CITP updated 400+ CFO and Executive Director attendees on ways nonprofit budgeting software can save time, enhance collaboration, boost decision making year-round, and significantly improve productivity. The full session was recorded and may be viewed […]
IRS Audit Risk Areas for Nonprofit Retirement Plan Sponsors
During AAFCPAs’ recent Nonprofit Educational Seminar (April 2023), Employee Benefit Plan Practice leaders Davide Villani, CPA, CGMA and Shawn P. Huxley, CPA, MSA updated 400+ CFO and Executive Director attendees on the IRS’ 2023 strategic focus areas for small exempt organizations that sponsor retirement plans. AAFCPAs audits 180+ plans annually including 401(k) and 403(b) plans, […]
During AAFCPAs’ recent Nonprofit Seminar (April 2023), assurance leaders Olga Yasinnik, CPA, MBA, and Angelina Lu, MSA, CPA updated more than 400 attendees on new accounting standards applicable to nonprofits. The full session was recorded and may be viewed as a webcast at your convenience. >> The Lease Standard Olga and Angelina opened with an […]
Three Essential Steps to Prepare for Implementing Robotic Process Automation
As technology continues to advance at an unprecedented pace, we are exploring innovative solutions to streamline our clients’ operations and enhance efficiency. Robotic Process Automation (RPA) has emerged as a powerful software technology that automates repetitive tasks, freeing up valuable time and resources for more strategic initiatives. The business case for RPA is often clear […]
During AAFCPAs’ Nonprofit Seminar (April 2023), Joshua England, LLM, Esq. and Chris Consoletti, Esq. updated more than 400 attendees on the latest tax issues, laws, and procedures affecting tax-exempt organizations. In their presentation, they offered an overview of accomplishments made by the IRS last year and its objectives this year. They also discussed the Employee […]
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