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AAFCPAs to Discuss How Companies are Leveraging Technology Through the Pandemic
Joyce Ripianzi, CPA, partner and leader in AAFCPAs’ Managed Accounting Solutions (MAS) practice, will share her expertise as a panelist in an educational webinar on Tuesday, November 10th to discuss how companies are leveraging technology to survive, thrive, and grow through the pandemic. Sign up for this Webinar to hear insights on how companies are: […]
Social Security Benefits to Increase by 1.3 Percent in 2021
AAFCPAs Wealth Management would like to make clients aware that the Social Security Administration announced that Social Security and Supplemental Security Income (SSI) benefits for nearly 70 million Americans will increase 1.3 percent in 2021. Cost-of-living adjustments (COLA) have averaged 1.4 percent in the past decade. The 1.3 percent cost-of-living adjustment will begin in January […]
AAFCPAs’ Mr. Anderson Earns Amazon Web Services Certified Solutions Architect Professional Credential
AAFCPAs’ “white hat” Certified Ethical Hacker and business continuity advisor, Mr. Anderson has been awarded the Amazon Web Services Certified Solutions Architect Professional (AWS CSAP) certification. Mr. Anderson was awarded the AWS CSAP certification in recognition of his demonstrated knowledge selecting, managing, and configuring services on Amazon Web Services. Amazon Web Services is a subsidiary […]
Sunsetting Tax Exemption: $11.58M Estate Tax Exemption Could Decrease to $3M on Jan, 1, 2021
“When I first started practicing tax law in 2000, the federal estate tax exemption was $675,000,” said Josh England, LLM, Esq., AAFCPAs’ Consulting Tax Attorney. “Today that exemption is $11,580,000.” The federal estate tax exemption is the amount you may give away during your lifetime and own at your death without subjecting it to a […]
MA OSD Provides Automatic Extension of UFR Deadline to 1/15/2021
AAFCPAs would like to make clients aware that with the Massachusetts Uniform Financial Statements and Independent Auditor’s Report (UFR) filing deadline of 11/15/2020 being extended to 1/15/2021, UFR filers are not required to file a request for extension. FY2020 Supplier Diversity Program (SDP) Form Filings While the deadline for the full UFR filing has been […]
Secure Your IT Infrastructure & Create Resiliency
IT infrastructure is the combination of hardware, software, communications, data centers/hosting services, and human resources that allows an organization to deliver information technology services to its constituent communities. IT resiliency refers to an organization’s ability to avoid or minimize business disruption when the IT infrastructure is challenged by planned or unplanned events, such as the […]
2020 Cyber Crime, Cyber Security Awareness Month
In recognition of National Cyber Security Awareness Month and to foster client awareness of cyber hazards, AAFCPAs’ IT Security professionals have outlined cybersecurity risks and mitigation strategies applicable to 2020 current events. COVID-19 has changed business operations resulting in increased IT security risks, especially risks from the abrupt shift to support remote work. Even when […]
AAFCPAs Explains Descriptive, Predictive, Prescriptive, and Compliance Data Analytics
Key Business Questions (KBQs) are questions that establish a framework for an organization looking to gain insights produced by analytics. They are central to understanding the past and overall strategy you are deploying or considering deploying in the future. AAFCPAs assists clients in defining and prioritizing high-value KBQs in order to bridge the divide between […]
AAFCPAs Releases 2020-2021 Tax Planning Guide for Businesses & Individuals
In 2020, tax planning is more complicated than usual. We now have a full view of the impact of United States’ massive 2017 Tax Cuts and Jobs Act (TCJA) and the 2019 Further Consolidated Appropriations Act on clients’ short and longer-term tax planning strategies. We must now evaluate these Acts in tandem with the $2.2 […]