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Browse AAFCPAs’ Most Recent Blogs
Massachusetts Cannabis Repeal Could Shift Market to Medical-Only - Changes could narrow legal cannabis access and create operational and financial challenges for Massachusetts businesses. Early preparation and strategic guidance can help operators navigate and sustain long-term growth. Key Takeaways: In Massachusetts, a new ballot initiative proposes unwinding the adult-use cannabis market, a shift that would reshape both the regulatory landscape and the state economy. […]
Federal Court Ruling May Reopen COVID-Era Tax Penalty Refunds - A federal court ruling may allow some taxpayers to recover interest and penalties paid during the COVID-19 disaster period. The decision clarifies how suspended tax deadlines affect refund and abatement opportunities. Key Takeaways: A recent federal court ruling may reopen refund opportunities many taxpayers assumed had closed after the pandemic. In Kwong v. United States, […]
Guiding Women Through Life’s Financial Inflection Points - This article was originally published during Women’s History Month in the Leading Ladies supplement by PROVIDENCE MEDIA (Providence Monthly, Hey Rhody, So Rhode Island, and the Bay Magazine). As a wealth advisor with a foundation in psychology, I’ve spent my career walking alongside women who excel in their intellectual and professional lives yet often hesitate […]
SOC Compliance Tools Under Scrutiny - Key Takeaways: Compliance checkmarks can mask operational gaps. Assurance pairs skilled examination with technology to reveal how controls actually function. Recent reports and allegations across the cybersecurity and assurance landscape highlight a persistent challenge: compliance indicators from compliance automation platforms may suggest alignment with standards, while underlying controls do not fully reflect how an organization […]
How to Identify Common Inefficiencies in the Finance Function - Key Takeaways: Even strong finance teams can face hidden gaps that slow reporting or leave the organization exposed when there is a transition in key team members. Clarifying workflows and ownership helps recover time, reduce manual effort, and focus on higher-value tasks. The accounting and finance function often appears sound, largely because processes evolve gradually […]
Richard Weiner Named to AM&AA New England Executive Committee - AAFCPAs announces Richard Weiner, CPA, MST, CM&AA, Tax Partner has joined the Executive Committee of the Alliance of Merger & Acquisition Advisors New England Chapter. The Alliance of Merger & Acquisition Advisors is an international organization focused on advancing education, collaboration, and professional standards within the middle-market M&A community. With members across 25 countries, the […]
Cannabis Business Sale Proceeds: Key Considerations Before Cashing Out - Key Takeaways: A cannabis sale requires careful financial and operational planning well in advance of a transaction. Proceeds depend on how deal structures, tax exposure, capital obligations, and regulatory timelines interact over the life of the business. A pending sale often signals progress for a cannabis operator, but the purchase price alone does not determine […]
AAFCPAs Adds Five to Partner Leadership Team - Worcester Business Journal (March 9, 2026) – Fresh off its acquisition of McLaren & Associates CPAs, AAFCPAs has added five partners to its leadership team, bringing the firm’s total partner count to 52. The additions include two new hires and three internal promotions, strengthening expertise across advisory, tax, and risk services.
Massachusetts Live Theater Tax Credit: Understanding the Cost Accounting Report Requirements - Key Takeaways: The first productions approved under the Massachusetts Live Theater Tax Credit are entering the reporting phase. The Cost Accounting Report will determine how eligible expenses translate into the final credit award. Massachusetts theater companies awarded credits through the inaugural Live Theater Tax Credit Pilot Program are now entering the reporting phase. After receiving […]
Speaking The Same Language: Finance Fundamentals for Legal Teams - Key Takeaways: Aligning Legal Review with Financial Reality Legal teams are often asked to weigh in on decisions that carry financial consequences, even when the issue appears purely contractual or regulatory. A basic understanding of financial statements and reporting principles equips counsel to see those consequences more clearly. It also supports more informed discussions with […]