Topic
Year-End Personal Financial Planning Considerations
The end of the year presents a unique opportunity to look at your overall personal financial situation. With factors like tax reform, life changes or just working towards your goals, now is an especially important time to review things. Taking what we now know about the new tax law and weaving together all of the […]
What Nonprofits Need to Know about the TCJA: AAFCPAs to Present a Members-Only Webinar for the Providers’ Council
AAFCPAs Tax Consulting Strategists Joshua England, JD, LLM, and Chris Consoletti, JD will present a Tax Cuts and Jobs Act educational workshop on December 10th at 12pm, for the benefit of the Massachusetts Council of Human Service Providers, Inc. (The Providers’ Council). The Tax Cuts and Jobs Act (TCJA) represents a dramatic overhaul of the U.S. […]
AAFCPAs Managed Accounting Solutions Practice Recommends Three Strategic Budgets for Nonprofits
It can be tempting for finance teams and executive leadership of nonprofits to focus mostly on near-term strategy. However, in order to ensure sustainability, AAFCPAs advises nonprofits to broaden the scope of their financial planning process to address the challenges of the current economic and funding landscape, and to ensure sustainability in the long-term. We […]
AAFCPAs to Present Workshop on Internal Controls & IT Countermeasures to Mitigate Risks
AAFCPAs’ Vassilis Kontoglis and David Kelleher will present an educational workshop on Best Practices in Internal Controls and IT Security to assist in mitigating risk at The Massachusetts Association of Early Education & Care (MADCA) Administration and Management Conference, in Worcester, MA on November 28th. Risk Management requires continuous improvement, and organizations must stay vigilant, […]
AAFCPAs Welcomes Consulting CFO Scott Posnick to Support Steady Growth of Managed Accounting Solutions Practice
Boston, MA (November 11, 2018) – AAFCPAs, a best-in-class CPA and consulting firm known for assurance, tax, accounting, wealth management, valuation, business process, and IT advisory solutions, today announced the addition of Consulting CFO, Scott Posnick, CMA. Scott joins AAFCPAs’ growing Managed Accounting Solutions (MAS) Practice, which provides high-quality, cost-effective, cloud-based accounting and CFO solutions. He is […]
FASB Issues ASU 2018-17: Targeted Improvements to Related Party Guidance for Variable Interest Entities
AAFCPAs would like to make clients aware that the Financial Accounting Standards Board (FASB) on October 31, 2018, issued an Accounting Standards Update (ASU) that reduces the cost and complexity of financial reporting associated with consolidation of variable interest entities (VIEs). A VIE is an organization in which consolidation is not based on a majority […]
2018 Year-End Tax Planning for Privately-Held Companies (Part 2) Webinar OnDemand
In 2018, tax planning is more complicated than usual. Most provisions of the massive Tax Cuts and Jobs Act (TCJA) go into effect this year, and as a result you likely will need to change at least some of your tax planning strategies. In this Webinar, recorded live on October 23rd, 2018, AAFCPAs Richard Weiner, CPA, […]
AAFCPAs & MENTOR’s Partnership in Charting a Sustainable Future
How Did One Nonprofit Explore Creative Approaches to a Sustainable Model? For nonprofits, charting the future is complex. The search for creative, strategic approaches to sustainability is continuous, and many organizations have struggled to achieve long term, mission-aligned profitability. In its work with MENTOR: The National Mentoring Partnership, AAFCPAs evaluated the organization’s financial and operational […]
Develop an Individual Financial Plan That Accounts for Market Volatility
As we head into the final quarter of 2018, it is a great time to reflect on the financial markets. We have experienced the longest period of economic expansion in the nation’s history, and we have come a long way since the mortgage and housing crisis in 2008. However, as you may know from recent […]