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Browse AAFCPAs’ Most Recent Blogs
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 […]
Congress Passes Sweeping Tax and Spending Law with Broad Implications for Individuals and Businesses - Congress has passed a sweeping new law that permanently extends and expands key tax provisions, reshapes health and social program eligibility, and revises spending across defense, energy, and federal benefits programs. While many provisions take effect immediately, others will phase in or expire over time. AAFCPAs is analyzing the full scope of the law to […]
Court Upholds Massachusetts Tax on Business Gain After Owner Relocates - In this article: The Massachusetts Appeals Court recently ruled that a tech founder’s $4.7 million stock sale could be subject to state income tax, despite his move out of state. Craig Welch, who co-founded AcadiaSoft, Inc. in 2003, initially held a 50-50 ownership split with one partner, though his interest was diluted over time as […]
AAFCPAs Launches New Early Career Advisory Committee to Advance Innovation - AAFCPAs has launched a new internal advisory group designed to bring forward ideas and perspectives from the next generation of insight-driven CPA and advisory professionals. Called the Early Professional Insights Committee (EPIC), the group gives a voice to team members at the staff through senior levels, empowering them to examine processes, recommend improvements, and contribute […]
IRS to End Paper Checks in 2025 - Beginning in September 2025, the federal government will phase out paper checks to the Internal Revenue Service (IRS), ending a long chapter in the way Americans exchange money with the agency. Under a sweeping mandate issued by the U.S. Treasury, all federal disbursements including tax refunds must be paid electronically, and paper refund checks will […]
Seminar Recap: Keynote Discussion with Attorney General Andrea Joy Campbell - During AAFCPAs’ recent Nonprofit Seminar (April 2025), Massachusetts’ Attorney General Andrea Joy Campbell engaged in a question-and-answer session and shared perspectives with nonprofit leaders looking to navigate current funding and regulatory challenges. This discussion offered practical guidance for finance leaders on navigating funding complexities, ensuring compliance, and fostering collaboration to enhance organizational resilience and effectiveness. […]
Enter to Win a Ticket to BBJ’s 17th Annual CFO of the Year Awards – Limited Entries - AAFCPAs is honored to once again sponsor the Boston Business Journal’s 17th annual CFO of the Year awards program, recognizing the outstanding financial leaders who help businesses and communities thrive. We are honored to participate in this annual BBJ event, an exciting celebration of these exceptional CFOs who drive strategy, foster innovation, and ensure the […]
Cyber Insurance in 2025: What CFOs and Risk Managers Need to Know to Avoid Costly Gaps - As cyber threats evolve in both sophistication and scale, cyber insurance has moved from a niche policy consideration to a cornerstone of business continuity and enterprise risk management. For many organizations, coverage is now a condition of financing, contract renewal, or fiduciary oversight. Yet many policies still fall short, especially when the scope of coverage […]
Inside AAFCPAs’ Award-Winning Tech Strategy–Live at Accounting Today - AAFCPAs has been invited to speak at Accounting Today’s upcoming web seminar, Lessons from the Best Firms for Technology. Peter R. Sebilian, AAFCPAs’ Chief Information Officer, will represent the firm as a panelist, sharing insights on the firm’s industry leading approach to technology strategy, risk management, and innovation. Moderated by Accounting Today Technology Editor Chris […]
How to Document System Requirements Before You Choose New Software - New software opens up abundant opportunities for improvement: automated processes, streamlined workflows, system integrations, and much more. For many organizations, however, bridging the gap between current systems to new systems can be daunting. What begins as a push for efficiency can lead to frustration when the system fails to meet expectations—or worse, creates new problems. […]Multifaceted Energy Resource Company Embarks on Financial Software Overhaul
Read how AAFCPAs’ Business Process & IT Consulting Practice assessed financial operations, conducted in-depth research, identified areas for improvement, and presented a range of solutions. By working with AAFCPAs, the company saved extensive time, gained expert counsel, obtained the insight needed to choose one system that delivers exactly what they need, and eliminated the need for additional personnel.