Cannabis Business Executive: Easing the burden of cannabis state tax compliance
Cannabis Business Executive (June 16, 2022) – Keeping pace with state sales and excise tax requirements can be a significant burden for cannabis operators. Make no mistake, the tax collection is a high priority to states, and as the industry grows, penalties and fines for late payment are becoming more common.
AAFCPAs Day Of Service at Rosie’s Place
Brenna Mellen, Dawn Pantano, Kaitlyn Noll, CPA and Julie Chevalier, CPA went to our client, Rosie’s Place for their Paid Day of Service!! #greatmindsgreathearts #10percentback #dayofservice #socialpurpose
AAFCPAs Day Of Service at Cradles to Crayons, MA
#Gratitude for our team who spent the day with Cradles to Crayons Massachusetts and Jookender Community Initiatives, Inc – A Nonprofit!! #paiddayofservice #greatmindsgreathearts #socialpurpose #10percentback
MassCPAs Celebrates Black History Month, Recognizing Sorie Kaba, Partner, AAFCPAs
To celebrate Black History Month (Tuesday, February 1, 2022 – Tuesday, March 1, 2022), the Massachusetts Society of CPAs (MassCPAs) recognizes members who have helped shape the accounting profession. AAFCPAs Partner Sorie Kaba, CPA was among those recognized. What initially interested you in the accounting field? When I took over my family retail business in […]
AAF Wealth Management Quarterly Update
2021 was a year of big expectations, big headlines, and even bigger returns in the world’s financial markets. With hopes of putting pandemic lockdowns in our past, 2021 looked capable of ushering in a new era. There were no shortages of headlines to divert our attention away from the economy. From political changes, to headlines […]
Venmo, PayPal, Zelle must report $600+ in transactions to IRS
AAFCPAs would like to make clients aware that as of 1/1/2022 the IRS has changed the threshold on the reporting requirement for Form 1099-K, Payment Card and Third-Party Network Transactions. This will specifically affect: anyone who receives digital payment for services or goods; anyone who accepts payments via credit card or third-party network. Any individual […]