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From the Desk of Jonathan Bloom

From the Desk of Jonathan Bloom

On the Desk This time of year, we have an opportunity to step back and understand how things are progressing with your financial plan. Between interest rates, inflation, market volatility, and year end on approach, there is plenty to consider and still time to make strategic adjustments. It brings to mind one of my favorite […]

Colorado and Minnesota Impose Retail Delivery Fee

Colorado and Minnesota Impose Retail Delivery Fee

AAFCPAs’ State & Local Tax (SALT) practice would like to make clients aware that the state of Colorado and Minnesota have enacted a retail delivery fee. Colorado Updates Rule The state of Colorado originally imposed a fee of $0.27 on all retail sales delivered by motor vehicle to Colorado customers effective July 2, 2022. This […]

AAFCPAs Cultural Spotlight Potluck

AAFCPAs Cultural Spotlight Potluck

We’ve had such great feedback on our Cultural Spotlight Lunch & Learns that we thought a Cultural Spotlight Potluck would be a great opportunity to share and learn a bit more about each other! Last Tuesday, AAFCPAs held our potluck event where team members brought different food and/or drinks to celebrate and enjoy each other’s company.

FQHCs Prepare for National Cybersecurity Awareness Month

FQHCs Prepare for National Cybersecurity Awareness Month

FQHCs are faced with an ever-shifting cybersecurity landscape due to emerging technologies and shifting internal and cloud vulnerabilities. Adding to this are regulations designed to keep pace as well as the data (health and personally identifiable) that live through their systems. The U.S. federal government has designated October as National Cybersecurity Awareness Month (NCSAM). AAFCPAs […]

ABI-Lab Informational Luncheon Session

ABI-Lab Informational Luncheon Session

On September 28th, 2023, AAFCPAs‘ Nicole Zompa, CPA, Scott Posnick, and Rich Weiner, CPA, MST, CMAA held an educational luncheon session where they dove into crucial financial topics that early-stage Life Science and Biotech startups must address. Congratulations to the four winners of our gift-card raffle: Weimin Wu, Lynn Zheng, Skyler Michaud, and Yagmur Kan! Thank you to everyone who entered and attended!! #aafedu #greatmindsgreathearts

IRS Offers Relief to Taxpayers Affected by Hurricane Lee

IRS Offers Relief to Taxpayers Affected by Hurricane Lee

AAFCPAs and AAF Wealth Management would like to make clients aware that the IRS has offered tax relief for businesses and individuals affected by Hurricane Lee. Taxpayers in all 16 counties in Maine and all 14 counties in Massachusetts automatically qualify for relief as part of a coordinated federal response. Affected taxpayers now have until […]

AAFCPAs’ Apple Picking 2023

AAFCPAs’ Apple Picking 2023

AAFCPAs spent this past Sunday at Tougas Family Farm for our annual apple-picking event!! We thank our Women’s Opportunity Network (WON) for organizing such a great event!

From the Desk of Kevin Hodson

From the Desk of Kevin Hodson

On the Desk The Federal Reserve just concluded their most recent Federal Open Market Committee (FOMC) meeting on 9/20. In the post-meeting presser Wednesday afternoon, Fed Chairman Jerome Powell indicated that the Fed is “close to done raising interest rates.” However, they’re not about to ease up on the Federal Funds Rate which presently stands at 5.25% […]

From the Desk of Andy Hammond
Andy Hammond and Family Traveling

From the Desk of Andy Hammond

On the Desk The last few months of the year are always a busy time. We’re helping our clients with year-end planning, tax strategies, and budgeting that comes into play with 2024 just around the corner. Last year, the name of the game was tax loss harvesting, and we still have room to be strategic […]