—By Author

Carla McCall Leads Finance and Accounting Conversation for MassCPAs in Partnership with AICPA and CIMA
Carla McCall, CPA, CGMA, will facilitate Finance & Accounting 2040 on January 8, a global MassCPAs initiative in partnership with AICPA and CIMA that brings professionals together to shape a resilient vision for the profession. Finance & Accounting 2040: Rise to the Future Together engages participants across all career stages in a collaborative format to […]

Give the Gift of an Estate Plan
The holiday season brings thoughts of giving—carefully chosen gifts that show love, create lasting memories, and sometimes provide practical value for years to come. For families thinking beyond this year’s celebrations, the most meaningful gifts might be the ones that keep giving long after the wrapping paper is cleared away. Estate planning in 2025 and […]

Executive Order to Reschedule Cannabis: What It Means for IRC 280E
On December 18, 2025, President Trump issued an Executive Order directing the Department of Justice (DOJ) to expedite the rescheduling of cannabis to Schedule III under the Controlled Substances Act (CSA). This action follows the Department of Health and Human Services’ (HHS) 2023 recommendation and represents a major turning point for state-legal cannabis businesses. Why […]

How IT Controls Keep Your Systems and Data Safe
During AAFCPAs’ recent webinar, Understanding Your ITGCs: Why They Matter and How to Strengthen Them (November 2025), Lisa Whittemore, CFE, CRMA, MBA and Vassilis Kontoglis presented a practical framework for assessing, strengthening, and monitoring IT general controls to protect data, ensure operational continuity, and support regulatory compliance. A single misstep in IT General Controls (ITGCs) […]

Cannabis Rescheduling: What It Means for Operators and Investors—and How We’ll Help You Navigate It
The federal government’s anticipated move to reclassify cannabis from Schedule I to Schedule III under the Controlled Substances Act is one of the most consequential policy shifts the industry has seen to date. While this change may promise tax relief, expanded research opportunities, and improved access to capital, it also likely introduces stricter federal oversight […]

Why Tax Planning Should Begin Well Before a Multistate or International Business Sale
When preparing a business for sale, one of the first areas buyers examine is tax compliance. Where a company files state income, sales, and payroll taxes—and whether those filings are complete—can become a central focus of due diligence. Gaps in compliance, or even unintentional oversights, can lead to buyer holdbacks, unexpected liabilities, delays in closing, […]

Start Small to Scale Smart with Automation
The idea of automation often arrives with fanfare—promises of transformation, efficiency, and sweeping change. But for many organizations, especially those already stretched thin, the prospect of overhauling core business processes may feel impractical. Automation does not have to begin with large-scale disruption. A focused, manageable start often leads to more effective outcomes. Starting with one […]

AAFCPAs Presenting Tax and Accounting Year End Update at FEI NY-CT
AAFCPAs is proud to participate in the Connecticut/Westchester chapter of Financial Executives International’s (FEI’s) Year End Annual Tax and Accounting Update and Networking Social and Dinner, a gathering that offers fresh insight and meaningful connection as finance leaders prepare for the close of the year. The program offers two CPE credits through focused tax and […]

AICPA and CIMA Honors Audit Transformation Leader Sarah Flischel As 2025 Global Women To Watch Honoree
AAFCPAs congratulates Sarah Flischel, CPA, Director of Audit Transformation & Training, on being named a 2025 Global Women to Watch honoree by American Institute of CPAs (AICPA) and Chartered Institute of Management Accountants (CIMA) in the Emerging Leaders category. This global recognition celebrates women who are redefining excellence in accounting through innovation, leadership, and impact. […]
