Business Tax
Reduce Your Corporate or Partnership Income Tax for 2015
For every business, there is a lot at stake when it comes to tax. AAFCPAs wants you to take full advantage of all available tax...
Blog
Tax Planning & Compliance
Tax Planning & Compliance
Business Tax
Tax planning is an ongoing discipline – waiting for year-end means missing out on real opportunities
Personal and business circumstances are always evolving, presenting opportunities to balance or adjust short-term activities that support a long-term strategy As we head into November,...
Individual, Family & Fiduciary Tax
IRS Announces 2016 Retirement Plan Limitations
The IRS recently announced cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2016. In general, the pension plan...
Individual, Family & Fiduciary Tax
AAFCPAs to Present CITC Information Session for the benefit of taxpayers and CDCs
AAFCPAs Partner Matt Hutt, CPA, CGMA, and AAFCPAs Manager Matt Troiano, CPA, in collaboration with AAFCPAs’ client Somerville Community Corporation, will present a Community Investment...
Wealth Advisory
In Down Market, Consider Recharacterizing Your Conversion to a Roth IRA
AAFCPAs reminds our clients and friends that October 15th is the deadline for re-characterizing (“undoing” or “reversing”) a rollover or conversion to a Roth IRA...
Business Tax
Tax Return Due Dates & Filing Extensions Changed
Congress & the IRS recently announced changes to due dates for partnership and corporate tax returns, as well as FinCEN Form 114, Report of Foreign...
Business Tax
Managing the IRS Repair Regulations and the Ongoing Challenges Presented After Initial Implementation
The IRS final “repair regulations,” effective January 1, 2014, completely revamped the way taxpayers evaluate expenditures in order to determine whether certain costs represent immediately...
Individual, Family & Fiduciary Tax
Massachusetts Sales Tax Holiday Authorized for August 15-16, 2015
The Massachusetts legislature and Governor Charlie Baker have again authorized a Sales Tax Holiday for the weekend of August 15-16, 2015 for items costing less...
Individual, Family & Fiduciary Tax
FBAR Filing Due June 30th
AAFCPAs would like to remind all taxpayers with an FBAR filing requirement to report their foreign assets by the June 30 deadline. Time is of...
