Inflationary Pressures on the Decline

Inflationary Pressures on the Decline

Over the past two weeks, economic data have pointed to what may be a change in the stifling inflationary pressures we’ve become accustomed to over the past 2 years. CONSUMER PRICE INDEX RELEASE LEADS TO OPTIMISM… Last Thursday’s release of the Consumer Price Index (CPI) readings from the Bureau of Labor and Statistics (BLS) noted […]

Schools Eligible for the Employee Retention Credit

Schools Eligible for the Employee Retention Credit

AAFCPAs would like to remind independent schools of the availability of the Employee Retention Credit (ERC). The ERC provides significant refundable payroll tax credits to eligible employers for both the 2020 and 2021 tax years. It is not too late to submit a claim for the ERC! WHAT IS THE EMPLOYEE RETENTION CREDIT? The ERC […]

Massachusetts Millionaire’s Tax

Massachusetts Millionaire’s Tax

On Election Day, November 8th, Massachusetts voters approved Question 1 to amend the state constitution and establish an additional 4% surtax on taxable income in excess of $1 million dollars. Millionaire’s Tax Facts We expect more information from the Department of Revenue in the coming weeks. How May We Help? There are several situations that […]

Inflation Reduction Act Benefits Affordable and Low-Income Housing Developers

Inflation Reduction Act Benefits Affordable and Low-Income Housing Developers

AAFCPAs would like to make real estate clients aware of important credits and incentives defined in the Inflation Reduction Act (IRA). One of the key takeaways of the IRA for real estate developers in the renewable energy sector is the 10-year extension of the Investment Tax Credit (ITC) under Section 48 while increasing the credit […]

AAFCPAs Diversity, Equity, and Inclusion potluck

AAFCPAs Diversity, Equity, and Inclusion potluck

#Diversity, #equity, and #inclusion potluck! #gratitude to all who joined us to indulge in a variety of goodies! #greatmindsgreathearts

AAFCPAs Day Of Service at Nevins Farm

AAFCPAs Day Of Service at Nevins Farm

Rain or shine AAFCPAs is happy to help! #Gratitude for those who spent the day volunteering at Nevins Farm for their Paid Day of Service!! #greatmindsgreathearts #socialpurpose #10percentback

AAFCPAs’ Apple Picking 2022

AAFCPAs’ Apple Picking 2022

#Gratitude for all who brought their families to join AAFCPAs at our annual apple picking event!! Great day spent! #aafcpasfun #greatmindsgreathearts

Ben & Jerry’s at AAFCPAs!

Ben & Jerry’s at AAFCPAs!

A sunny afternoon calls for Ben & Jerry’s at AAFCPAs!! Perfect way to end this Wednesday! #aafcpasfun #greatmindsgreathearts #gratitude

AAFCPAs at Fenway Park

AAFCPAs at Fenway Park

Good times never seemed so good… #gratitude for a great night spent at Fenway Park! #aafcpasfun