Industry
Grants for Mental Health Centers, Applications Due July 19
AAFCPAs would like to make clients aware that the Commonwealth of Massachusetts’ Executive Office of Health and Human Services (EOHHS) announced the establishment of time-limited supplemental payments to eligible providers enrolled with MassHealth as mental health centers (MHCs). With a July 19th deadline to apply, AAFCPAs advises that clients not delay. Grant Eligibility Eligibility for […]
AAFCPAs Invited To Present at NCSC24
AAFCPAs’ John Buckley, CPA, CGMA has been invited to present on financial health when operating a strong charter school/network at NCSC24, the largest national gathering of educators, advocates, and leaders in the charter school community. This year’s conference will be held June 30 to July 3, 2024. In his presentation, John will touch on the […]
ESSER Program Removed From Higher Risk Designation
AAFCPAs would like to make clients aware that the U.S. Office of Management and Budget (OMB) under the Office of Federal Financial Management released the 2024 OMB Compliance Supplement, removing the Elementary and Secondary School Emergency Relief (ESSER) program from the listing of programs with higher risk designation. Many charter schools have undergone an audit […]
ESOPs May Be the Key to Operating Tax-free in the Cannabis Space
Cannabis operators focus heavily on tax mitigation, employee retention, growth strategies, and profitable exit. A properly structured ESOP is a great tool to accomplish all those goals and more. In a recent webinar, “Cannabis ESOPs – The Industry Game Changer”, AAFCPAs’ David McManus, CPA, CGMA, Tax Partner & National Cannabis Practice Leader and Joshua England, LLM, Esq., […]
AAFCPAs Presented at Illinois Cannabis Convention
AAFCPAs’ Joshua England, LLM, Esq. and David Gravel, CPA, MPAc were invited to present on “Cannabis Rescheduling: History, Regulatory Hurdles, and Operator Impact Expectations” at NECANN’s Illinois Cannabis Convention & Expo, May 31 – June 1, 2024 in Chicago. This session dove into cannabis rescheduling, its historical context, regulatory hurdles, and the potential impact on […]
CECL Standard To Impact Healthcare Entities
Transactions falling into the scope of CECL include amounts due from Medicaid and Medicare, as well as loan receivables, held-to-maturity debt securities, and loan commitments. AAFCPAs would like to make clients aware that the Financial Accounting Standards Board (FASB) has pronounced a shift in credit loss accounting within ASC 326, which is commonly referred to […]
AAFCPAs Celebrates 2024 National Charter Schools Week
AAFCPAs invites you to join us in celebrating National Charter Schools Week May 12-18, 2024 as we pay tribute to charter schools and the inspirational work they do to prepare students for success. National Charter Schools Week recognizes public charter schools along with their commitment to academic achievement. This year’s National Charter Schools Week focuses […]
Keynote: Unlocking the Power of AI with Philip Deng, CEO of Grantable 2024
Keynote: Unlocking the Power of AI with Philip Deng, CEO of Grantable | Webinar OnDemand Join us for a timely keynote presentation featuring Philip Deng, CEO of Grantable, as we explore the ways in which artificial intelligence may be used to transform nonprofit organizations. In his keynote and dialogue session with Joyce Ripianzi, CPA at AAFCPAs, Philip […]
Exploring Nonprofit Collaborations, Mergers, Affiliations, and More 2024
Exploring Nonprofit Collaborations, Mergers, Affiliations, and More | Webinar OnDemand Watch AAFCPAs’ Tax Consulting Attorneys for an insightful look into various forms of nonprofit collaborations spanning informal information-sharing through formal affiliation agreements and strategic partnerships. Hear in-depth analysis on nonprofit mergers and acquisitions, 501(c)(3) and 501(c)(4) affiliation considerations, advantages of tandem for-profit structures, and benefits […]