Blog
Our Blog acts as a great resource of topical information for the finance community. Use the search function to find specific topics or browse our categories to benefit from our past shared learnings.
Chicago Extends Lease Tax to Software as a Service
Although states have not been increasing sales tax rates in general, many have begun to expand their tax base as some lawmakers look at expanding the list of taxable items. Some states are looking to tax digital products such as music, book, and video downloads. Many states also tax various forms of software including Software […]
What To Know About Upcoming 1099 Deadlines
AAFCPAs would like to make clients aware that payments to non-employees, such as contractors and other service providers, in excess of $600 during the calendar year must be reported to The Internal Revenue Service on Forms 1099. If your organization hired consultants in 2023, paid dividends, or orchestrated an intricate debt structure involving a myriad […]
Ripianzi to Present at FEI-Boston/MNN Joint Event
Joyce Ripianzi, CPA, Nonprofit Partner in AAFCPAs’ Fractional CFO & Outsourced Accounting Practice, has been invited to present strategies for improving audit preparation at the joint professional development event, ‘Nonprofit Outlook for 2024: Guidance for the Year Ahead’, held by FEI Boston and the Mass Nonprofit Network. The event will be held on January 10, […]
Jonathan Bloom, CFP®, AIF®, Wealth Advisor Promoted to Partner
Boston, MA (December 11, 2023)—AAFCPAs, a preeminent 300+ employee CPA and consulting firm specializing in tax, wealth management, assurance, accounting, business process and IT advisory solutions, is pleased to announce the promotion of Jonathan Bloom, CFP®, AIF®, Senior Wealth Advisor, AAF Wealth Management to Partner effective January 1, 2024. Jonathan joined AAF Wealth Management in […]
When the new frontier of rescheduling comes, what can cannabis cultivators learn from microbreweries?
With the drive to federalization starting to accelerate, momentum is building around rescheduling cannabis. This would bring a host of changes that are frequently discussed, such as easier access to capital and banking along with the removal of 280E. A crucial big picture issue that is less front and center, however, is the type of […]
Budgeting Software Features for Those Who Love Excel
CFOs and accountants will rightfully admit that Excel has its limitations. Consider the time involved in complex calculations, manual report generation, and meticulous data input due to the inability to download data directly from the bank. Still, despite its limitations, what keeps users loyal to Excel is the joy in working with spreadsheets. But business […]
2023 Season’s Greetings from AAFCPAs!
The warmth and joy of the season presents an opportune time to reflect on our clients and to share our heartfelt gratitude for the trust placed in us. Clients are the cornerstone of our success, and we are thankful today and every day for our partnerships and friendships. In lieu of a card or gift […]
More Than $26k Contributed in Eighth Annual GivingTuesday Drive
Boston, MA (December 5, 2023) — AAFCPAs, a preeminent 300+ employee CPA and consulting firm specializing in tax, assurance, accounting, wealth management, business process and IT advisory solutions, is pleased to announce that this year’s GivingTuesday contributions exceeded $26k. This marks the company’s eighth annual GivingTuesday drive, elevating lifetime donations to mission-driven nonprofit organizations to […]
Matthew Hutt, CPA, CGMA among the Worcester Business Journal’s inaugural Champions of Health Care award winners!
Enter To Win a Ticket to In-Person Awards and Forum AAFCPAs is pleased to announce that Matt Hutt, CPA, CGMA, Partner at AAFCPAs has been honored as one of the Worcester Business Journal’s 2023 Champions of Healthcare. The award honors professionals in the healthcare field who have gone above and beyond to help others and […]