Topic
AAFCPAs’ David Consigli to Present on Financial Valuation of Business Assets in Divorce
David Consigli, Jr., CPA, ABV, CPVA, CDFA, AAFCPAs’ Director of Business Valuations, will lead a complimentary educational webinar on Thursday, January 21st, titled “Legal Strategy and Financial Valuation of Business Assets.” Dave, and a panel of vetted professionals, will share strategies when dealing with the financial valuation of business assets, family businesses, marital assets, and […]
Download Checklist: IT & Cybersecurity HealthCheck
AAFCPAs designed this comprehensive IT & Cybersecurity HealthCheck to assist clients in surfacing, understanding, and managing priority IT risks that may be mitigated to better secure your organization’s Personally Identifiable Information (PII), client records, proprietary information, and/or other sensitive data.
R&D Tax Credit Underutilized by Construction Contractors
AAFCPAs would like to make construction clients aware of potential tax savings that are available to contractors through the use of Research & Development (R&D) Tax Credits. The R&D Tax Credit is a government-sponsored tax incentive that rewards companies for conducting R&D in the United States. It is a common misconception that the R&D credit […]
AAFCPAs Welcomes Ciprian Barna, CPA, MST as Partner in Business Tax Practice
Boston, MA (January 13, 2021) – AAFCPAs, a best-in-class CPA and consulting firm known for tax, assurance, accounting, wealth management, valuation, business process, and IT advisory solutions, today announced that Ciprian Barna, CPA, MST, joined the firm as a Partner in their growing Commercial Tax practice. Ciprian is an experienced commercial business tax professional with […]
PPP Application Forms Released
AAFCPAs would like to make clients aware that the US Small Business Administration and Treasury Department released their revised Borrower Application as well as their newest application form for the Second Draw, commonly referred to as PPP2. Revised PPP Application Form: https://home.treasury.gov/system/files/136/PPP-Borrower-Application-Form.pdf Second Draw Borrower Application Form: https://home.treasury.gov/system/files/136/PPP-Second-Draw-Borrower-Application-Form.pdf As a reminder, to be eligible, your […]
Year-End Bill Impacts Community & Economic Development Industry
AAFCPAs would like to make clients aware that the Consolidated Appropriations Act, 2021 (The Act), signed by the President on December 27th, contains several provisions impacting the Community & Economic Development Industry. We have outlined the key provisions below, for your convenience. Low-Income Housing Tax Credit 4% Permanent The Act makes permanent the floor rate […]
Tax Provisions and Extenders in the Consolidated Appropriations Act of 2021
AAFCPAs would like to make clients aware, on December 21, 2020, Congress passed the Consolidated Appropriations Act, 2021 (The Act), a $2.3 trillion spending bill. Among the stimulus package and other COVID-19 relief provisions, the Act contained several tax provisions and extenders. AAFCPAs has highlighted below some of the most impactful tax provisions and extenders […]
Employee Retention Credit Updates, Expanded Eligibility
AAFCPAs would like to make clients aware that the Employee Retention Credit (ERC), which was introduced by the CARES Act back in the Spring, has now been extended and amended as part of the Consolidated Appropriations Act, 2021. (Details related to the 2020 credit are outlined in a previous blog: Payroll Tax Credits and Other […]
Major Updates to the Paycheck Protection Program
On December 21, Congress passed the Consolidated Appropriations Act, 2021, a $2.3 trillion spending bill that includes a $900 billion stimulus package intended to provide additional financial relief to individuals and businesses impacted by the COVID-19 pandemic. The bill was signed into law on December 27, 2020. The Act contains follow-on provisions to the CARES Act […]