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Browse AAFCPAs’ Most Recent Blogs
NY Domicile Ruling: Lessons from Hoff for Residency and Tax Planning - New York’s Tax Appeals Tribunal recently sustained a domicile assessment in Hoff v. New York Tax Appeals Tribunal, finding that the taxpayers remained New York domiciliaries for 2018 and 2019. While this decision comes out of New York, the scrutiny outlined in detail below is not unique. Many states apply similarly rigorous analyses when evaluating […]
Gratitude from AAFCPAs This Holiday Season - The season offers a pause to reflect on what truly matters. We think of the relationships that deepen the meaning of our work, the shared purpose that guides us, and the progress made possible together. At AAFCPAs, we are deeply grateful for your trust and the partnerships that bring purpose and fulfillment to our work. […]
New Leadership Expands Business Transaction Advisory Support for Clients - AAFCPAs, a U.S. top 100 CPA and advisory firm, is pleased to announce the appointment of Ronald C. Lipof as Partner and Emily Feeley, CPA, as Director in the firm’s growing Transaction Advisory practice. Their arrival expands the firm’s already robust capabilities, adding depth and specialized experience to guide clients through complex transactions. Ron and […]
GivingTuesday 2025 at AAFCPAs: Doubling Support, Deepening Impact - AAFCPAs is honored to again join inspiring changemakers in celebrating the global generosity movement of GivingTuesday. From November 3 through December 2, 2025, we are doubling employee-directed contributions to the nonprofit causes that matter most to our team members and clients. This annual tradition is eagerly anticipated, embodying our shared commitment to community, service, and […]
Building an Innovation Mindset for Automation Success - Organizations often approach automation as a technology upgrade—an efficiency project, a cost-saver, a way to modernize operations. But even the best-designed systems can falter without a culture that is ready to change. Resistance does not always sound like “no.” It may take the form of quiet hesitation, skepticism, or the reversion to old habits once […]
How Early Planning Maximizes the Value of a Business Sale - Financial outcomes from a business sale reflect the planning and decisions made long before the deal closes. Thoughtful preparation allows you to structure the transaction and manage proceeds deliberately. Starting early—think years ahead—creates space to protect what you’ve built, optimize your tax strategy, and plan the next chapter. A measured approach ensures that funds are […]
LGBTQI CFO Network Conference to Feature Insights from AAFCPAs - AAFCPAs is pleased to participate in the LGBTQI CFO Network Annual Conference in Washington, D.C., December 3–5, 2025. Partners Courtney McFarland and Lauren Duplin will lead a session, Navigating Financial Leadership in a Changing Landscape, focused on the financial challenges nonprofit CFOs face in today’s funding environment. The session will cover strategic planning and budgeting, […]
Understanding Asset Sales in Private Company Deals - Article Highlights When a company changes hands, the deal can be structured in several ways. In some cases, the entire business transfers via a stock sale. In others, the buyer selects specific assets and liabilities, leaving the rest behind. Valuation of the deal includes intangible assets not necessarily on the balance sheet, such as customer […]
Massachusetts Sets $500K Threshold for Corporate Nexus - Massachusetts has drawn a sharper line around which corporations and business entities fall under the state’s corporate excise tax. With the finalization of Regulation 830 CMR 63.39.1, the Department of Revenue set a clear economic and virtual nexus threshold of $500,000. Corporations generating sales above this amount from Massachusetts sources may now be subject to […]
High Earners Age 50+ Face New 401(k) Tax Rule - Starting in 2026, high earners age 50 and older will face a change in how they can save for retirement. Under the SECURE 2.0 Act, participants in 401(k) and similar workplace retirement plans above the standard limit will no longer be eligible for the traditional pre-tax catch-up contributions. Instead, these contributions will be treated as […]