Industry
Inventory Costing: One of Cannabis’s Most Misunderstood and Financially Critical Business Processes
Cannabis Business Times (August 06, 2025)- Inventory costing remains one of the most misunderstood and financially consequential areas in the cannabis industry. For cultivators, the process begins in the soil. Costs start accumulating long before harvest, yet many fail to track expenses like nutrients, labor, and overhead as plants move through the stages of clone, […]
AAFCPAs Celebrates 2025 National Health Center Week
Each August, National Health Center Week offers an opportunity to recognize the essential role Community Health Centers (CHCs) play in advancing access to care. These centers are trusted community partners—delivering medical, dental, behavioral health, and social services to those who need it most. This year’s celebration takes place August 3–9, 2025. AAFCPAs invites clients and […]
New Theater Tax Credit Offers Support for Massachusetts Arts Organizations
Designed to encourage local economic activity and nurture the state’s vibrant arts and culture ecosystem, the Commonwealth of Massachusetts has launched a new program that supports performing arts organizations while also bolstering Massachusetts’ reputation as a premier destination for theatrical production. Starting in July 2025, the Massachusetts Live Theater Tax Credit Pilot Program will run […]
How to Build a Reliable System of Record with Practical Data Strategy Insights
Financial systems are rarely as connected as they appear. As organizations grow and adopt specialized tools, each serving a distinct purpose, questions begin to emerge. Where does the most accurate version of a transaction live? Which system should drive reporting? Where does accountability reside? Without a clearly defined system of record, even routine tasks may […]
AAFCPAs to Speak on Enhancing Audit Value at MassCPAs Nonprofit Infoshare
Boston, MA (July 30, 2025)—AAFCPAs, a preeminent 350+ employee CPA and consulting firm, is pleased to announce that Partner David Kelleher, CPA, CGMA has been invited to speak at the upcoming Nonprofit Infoshare, hosted by MassCPAs. The program includes a cybersecurity session, an industry update panel on enhancing audit value, and a discussion on navigating […]
Is Your Tech Stack Built for Real-Time Decision Making?
Finance leaders face increasing pressure to produce faster, accurate reports and maintain strong internal controls—all while managing lean teams and limited resources. Technology should help ease this burden. However, when systems are disconnected, it often creates more work. Teams spend more time managing data across platforms than leveraging it for decision-making. Reconciliations get delayed. Reports […]
Federal Shifts Signal Challenges and Support for Health Centers
As the federal fiscal year draws to a close, Community Health Centers once again find themselves in the policy spotlight. With core funding set to expire in September and new oversight proposals taking shape, health center leaders are managing a landscape defined by both renewed backing and regulatory headwinds. Lawmakers on both sides of the […]
HHS Rule Change May Affect Health Center Revenue and Patient Access
A new interpretation by the U.S. Department of Health and Human Services (HHS) could restrict access to federally funded programs—including the Health Center Program—for individuals without lawful immigration status. The move rescinds a 1998 interpretation of the Personal Responsibility and Work Opportunity Reconciliation Act (PRWORA) and reclassifies several programs, including community health centers, as “Federal […]
Positioning for Profitability: Smarter Compliance and Tax Strategies in Cannabis
The cannabis industry continues to evolve, bringing both opportunities and complexities. As state-level legalization expands, multi-state operators must navigate a patchwork of regulations, each with its own compliance demands. Federal prohibition only compounds these challenges, driving up tax burdens, tightening financial constraints, and adding layers of regulatory uncertainty. For cannabis operators and investors, staying ahead […]