Uncategorized

All Topics

Live Session: What Fiduciaries Need to Know about Administering Employee Benefit Plans​ , April 27

Live Session: What Fiduciaries Need to Know about Administering Employee Benefit Plans​ , April 27

AAFCPAs’ Annual Nonprofit Educational Seminar is Virtual Again in 2022! AAFCPAs is offering a full day of educational content (9am – 3pm) designed to educate, challenge, and inspire nonprofit professionals! As a client and/or friend of AAFCPAs, your registration is complimentary. Reserve your seat.>> Featured Session: What Fiduciaries Need to Know about Administering Employee Benefit […]

MGCC Deploys $75 Million to Small Businesses

MGCC Deploys $75 Million to Small Businesses

AAFCPAs’ client Massachusetts Growth Capital Corporation (MGCC) is offering two new grant programs for small businesses affected by the COVID-19 pandemic. These funds were appropriated through the state’s share of the American Rescue Plan Act (ARPA). There are two programs: The New Applicant Grant Program and The Inclusive Grant Program. Grants range from $10,000 – $75,000. […]

Shawn Huxley Joins AAFCPAs’ Employee Benefit Plan Audit Practice

Shawn Huxley Joins AAFCPAs’ Employee Benefit Plan Audit Practice

Boston, MA (01/24/22) – AAFCPAs, a best-in-class CPA and consulting firm known for assurance, tax, accounting, wealth management, business process, and IT advisory solutions, today announced the addition of Shawn P. Huxley, CPA, MSA, as a Partner in the firm’s Employee Benefit Plans practice. Shawn joins AAFCPAs with 15 years of public accounting experience leading […]

Low Income Housing Tax Credit Program Extensions

Low Income Housing Tax Credit Program Extensions

AAFCPAs would like to make clients aware that on January 11, 2022 the IRS issued Notice 2022-05 which further extends the temporary relief from certain requirements for low-income housing tax credit (LIHTC) projects, originally extended earlier in 2020 & 2021 due to the COVID-19 pandemic. For your convenience we have outlined some of the key […]

AAFCPAs’ 2021 Holiday Party

AAFCPAs’ 2021 Holiday Party

There were some fantastic pictures captured at AAFCPAs’ 2021 Holiday Party! Attendees brought their dance pants! To those who didn’t attend, we know this was a thoughtful and personal decision for you. We look forward to the future when we may celebrate together in person without trepidation. Happy Holidays!

2021 Round-up: AAFCPAs’ Top 7 Most-Read Content

2021 Round-up: AAFCPAs’ Top 7 Most-Read Content

How can we do more with less? Over the past year, AAFCPAs published a wide array of alerts & insights that explore topics ranging from compliance, to productivity & business intelligence, to data security. In this end-of-year roundup, we share key insights and trends from our most-read content of 2021: Tax Planning Guides for Businesses […]

Diamond, Doiron Join AAFCPAs’ Assurance Team

Diamond, Doiron Join AAFCPAs’ Assurance Team

Boston, MA (12/22/21) – AAFCPAs, a best-in-class CPA and consulting firm known for assurance, tax, accounting, wealth management, business process, and IT advisory solutions, today announced the addition of Aaron Diamond, CPA and Gerry Doiron, MSA, CPA, Managers in the firm’s growing Commercial Assurance practice. Aaron Diamond, CPA and Gerry Doiron, MSA, CPA (L-R) Aaron […]

IRS Clarifies 4% Floor Ruling for LIHTC

IRS Clarifies 4% Floor Ruling for LIHTC

AAFCPAs would like to make clients who engage in Affordable Housing projects aware of recent IRS Revenue Rulings 2021-20 and 2021-43, which aims to clarify the eligibility of Low-Income Housing Tax Credit (LIHTC) projects to qualify for the new 4% floor ruling.  The IRS has published three situations listed below: Situation 1 A project is […]

Happy Holidays from AAFCPAs 2021

Happy Holidays from AAFCPAs 2021

All of us at AAFCPAs wish you and your family an extraordinary, happy, healthy holiday! In lieu of a holiday card or gift , AAFCPAs has made a donation to the Cancer Research Institute in Memorial to Michael Oliveira, MBA and to the Birolini Family Fund in Memorial to Joseph “Joey” Robert Birolini. Michael and […]