Industry
Budget Faster, Report Easier, Collaborate Better with Martus™ Software
New Value-added Reseller Program Pairs AAFCPAs’ Industry Expertise with Hands-on Set-up, Optimization, and Support Boston, MA (May 3, 2023) – AAFCPAs, a preeminent 300+ member CPA and consulting firm specializing in tax, assurance, accounting, wealth management, business process and IT advisory solutions, today announced its partnership with Martus Solutions. As a value-added reseller, AAFCPAs will […]
AAFCPAs to Present “The Business of Cannabis” at FEI-Boston
AAFCPAs’ Cannabis Practice leaders have been invited to speak at FEI Boston’s “The Business of Cannabis: An Inside Look at MA’s Booming Industry”. The event will take place on May 18, 2023 at Solar Therapeutics in Somerset, MA from 5:30 through 8:30 PM. Join regional finance professionals for an exclusive inside look into the rapidly […]
AAFCPAs Featured at VT Cannabis Convention
AAFCPAs Cannabis Practice Leaders have been invited to speak at The Vermont Cannabis and Hemp Convention hosted by the New England Cannabis Convention (NECANN) on Saturday, May 6, 2023 at the Champlain Valley Expo in Burlington, Vermont. WHAT NEW OPERATORS NEED TO KNOW THAT THOSE IN MATURE MARKETS HAD TO FIGURE OUT THE HARD WAY! […]
Review Occupancy, Cost Allocation Plans
The pandemic distancing and response requirements prompted many Human & Social Services provider organizations to reconfigure open space (such as conference & meeting rooms), in many cases resulting in more space being utilized directly in programs in furtherance of the mission. In many cases, these space management strategies have lasted beyond the pandemic, and AAFCPAs […]
Bill Introduced to Repeal R&D Expense Capitalization
AAFCPAs provides the following update to clients with expenditures incurred in connection with your trade or business which represent research and development costs in the experimental or laboratory sense. On Thursday, March 16th, Senators Maggie Hassan (D) of New Hampshire and Todd Young (R) of Indiana reintroduced a bill to repeal the required capitalization of […]
Historic Tax Credit: Changes Proposed to Make it More Accessible, Attractive
On March 2, 2023, Senators Cardin (Maryland), Cassidy (Louisiana), Cantwell (Washington), and Collins (Maine) reintroduced the Historic Tax Credit Growth and Opportunity Act (HTC-GO). This legislation was originally proposed back in 2021. HTC-GO has many beneficial proposed changes to the current historic tax credit program. The four proposed permanent provisions are: 30% tax credit increased […]
How to Identify Areas of Improvement within Processes and Systems?
Whether caused by external forces like the pandemic or internal shifts at a specific company, there is a renewed focus on operational efficiencies. Your employee resources may be consistently frustrated by challenges such as: Extensive manual data manipulation in Excel Lack of reporting functionality in your system Information maintained in multiple systems Difficulty gaining cooperation, […]
AAFCPAs’ Cannabis Practice Leaders Join NECANN-Boston Programming Schedule
AAFCPAs has been selected to present two educational workshops at NECANN Boston 2023 (The New England Cannabis Convention) scheduled for March 10-12th at the Hynes Convention Center, Boston. AAFCPAs’ Cannabis Practice has also signed on as a Sponsor for the Convention, aka “THE Annual Meeting of the East Coast Cannabis Industry!” Entrance to Exit for […]
GASB: Subscription-Based Information Technology Arrangements
AAFCPAs would like to remind entities following government accounting rules, including clients in the Charter School industry as well as other quasi-governmental organizations, of the Governmental Accounting Standards Board (GASB) Statement No. 96, Subscription Based Information Technology Arrangements, which is required to be adopted in FY 2023. GASB 96 applies to all subscription-based information technology arrangements […]