Industry
Unique Tax Breaks for Breweries
Is your business familiar with the unique tax breaks available in the brewery industry? AAFCPAs has provided for your convenience the below tax insights that could have a major impact on reducing your tax burden: Section 179 Depreciation Breweries are capital intensive businesses, and equipment investments can be significant. Section 179 allows breweries to deduct […]
Five healthcare policies to expect under President Trump
As Donald Trump was sworn in as the 45th U.S. president, AAFCPAs’ Matt Hutt and other health policy experts share with Managed Healthcare Executive what’s next for healthcare.
Medicare PPS Base Rate & G-Codes for 2017: What FQHCs Need to Know
AAFCPAs would like to make health center clients aware that the Centers for Medicare & Medicaid Services (CMS) recently updated the federally qualified health centers (FQHC) prospective payment system (PPS) base payment rate and the geographic adjustment factors (GAF) for 2017. AAFCPAs advises clients that now is the time to re-evaluate the charges that were […]
Healthcare reimbursement questions to ask during a time of uncertainty
According to a March 2016 report by the Department of Health and Human Services, an estimated 20 million more Americans have health insurance coverage as a direct result of changes driven by the Affordable Care Act (ACA). The influx has payors scrambling to meet coverage demands, while providers and provider organizations simultaneously navigate the murky […]
AAFCPAs Clarifies FASB Nonprofit ASU for Boston Bar Association Members
AAFCPAs’ Amanda Pelcher, CPA will provide insight to Boston attorneys on Understanding the New Nonprofit Financial Statement Presentation Standards. In August 2016, the FASB implemented an accounting standards update (ASU 2016-14) to refresh the previous reporting model. Amanda will discuss both the current standards for nonprofit financial statement presentation and the main provisions of this […]
Questions before making a charitable donation
It’s very gratifying to make donations to a worthy charity and know you are making a difference in the world. But whenever you make a gift, you also want to be sure that your money will be used wisely. AAFCPAs’ Carla McCall recommends asking these questions before you give.
HRSA Operational Site Visits: Considerations, Risks and Common Trouble Spots
Does your Health Center have its Health Resources & Services Administration (HRSA) site visit looming? If so, or if your Center has been through a recent HRSA Operational Site Visit (OSV), you know what a daunting, stressful and time consuming process this may be. HRSA is continually refining and clarifying the 330 program compliance requirements […]
Nonprofit Valuations: Transactions Requiring an Accurate Valuation of Your Nonprofit
Did you know that nonprofit organizations, like their for-profit counterparts, can benefit from an independent business appraisal? AAFCPAs advises nonprofit organizations to obtain a business valuation from a qualified, accredited appraiser under the following circumstances: Converting from nonprofit status to for-profit status – There are necessary procedures when companies no longer desire nonprofit status and […]
Tax Return Due Dates & Filing Extensions Changed
In a 2015 highway funding bill, Congress & the IRS announced changes to due dates for partnership and corporate tax returns, as well as FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR), and several other IRS information returns. These changes will affect your 2016 tax filings. AAFCPAs has provided the following summary […]