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FQHCs: 2019 New Medicare Services and G Code Payment Updates
AAFCPAs would like to make Rural Health Clinic (RHC) and Federally Qualified Health Center (FQHC) clients aware that the Centers for Medicare & Medicaid Services (CMS) has issued important reimbursement updates related to virtual communication services, and Medicare G Code rates for 2019. Virtual Communication Services Effective January 1, 2019, RHCs and FQHCs may now […]
Updates for Nonprofits under the New Tax Act
This blog was revised on 10/10/19. AAFCPAs would like to make Tax Exempt Organizations aware of recent legislative and regulatory updates related to the Tax Cuts and Jobs Act, (“TCJA”) and how these may affect charitable nonprofits. What is Considered a Nondeductible Parking Expense that will now Trigger Unrelated Business Income Tax (UBIT)? On December […]
AAFCPAs Adds Tax Expertise to Support Continued Client Growth
AAFCPAs is pleased to announce the addition of tax advisor Luis D. Kelly, MST, CPA to support the firm’s continued growth in our thriving Tax Practice for privately-held businesses. Luis combines deep sector insights with proven, innovative tax strategies to ensure the firm’s emerging and growth-stage clients are fully compliant, while balancing U.S. tax considerations with their […]
eBook: AAFCPAs’ Guidance on New Nonprofit Financial Statement Reporting Framework
Running a sustainable nonprofit is complicated, especially with regulatory changes that impact the organization’s human resources, business processes, and IT systems. Nonprofits are now grappling with implementing a new financial statement reporting framework, that represents the most substantial improvement to financial reporting guidance in two decades. This Accounting Standards Update, ASU 2016-14, Not-for-Profit Entities (Topic 958); […]
CFOs Are Burdened by Human Resource Challenges
The unique and evolving skill sets of CFOs will continue to position them as a valued, strategic resource to executive leadership and one that may be leveraged across departmental lines. In light of today’s evolved finance function, businesses are hard pressed to find, engage, and retain finance talent with the requisite mix of capabilities and […]
AAFCPAs Partner Jeffrey Mead to Present on Big Data at the AAA 2016 Northeast Region Meeting
AAFCPAs Partner Jeffrey Mead, CPA, CGMA will present an educational workshop at the American Accounting Association (AAA) 2016 Northeast Region Meeting in October 2016. This technical forum is part of AAA’s educational programs to explore current issues and topics of interest to accountants, accounting educators, and researchers. Jeffrey will explore how big data and analytics […]
AAFCPAs Co-Managing Partner Carla McCall Honored with International Leadership Award
AAFCPAs Co-Managing Partner Carla McCall was recently honored with the 2016 ATHENA Award, an international recognition that honors women’s leadership within the business and civic communities. The announcement was made during an event held in partnership by the United Way of Tri-County and the MetroWest Chamber of Commerce. “Carla embodies the spirit of the ATHENA Leadership […]
Nonprofit Financial Statement Project/ASU Update – FASB Announces Transition Method and Effective Dates
The Financial Accounting Standards Board (FASB) reached much anticipated decisions regarding the transition and effective date for its Nonprofit Financial Statements Project, as of their most recent Board Meeting (3/30/16). The proposed Accounting Standards Update (ASU) would affect substantially all nonprofits as well as creditors, donors, grantors, and others that use their financial statements. Details […]
AAFCPAs Adds Depth of Expertise in Commercial Tax by Welcoming Bella Amigud
AAFCPAs is pleased to announce the addition of Bella Amigud, CPA, MST, Senior Tax Manager, to the firm’s Commercial Tax practice. Bella brings over 13 years of experience providing compliance and tax planning solutions for public and privately-held companies, and family-owned businesses in a variety of industries, including: healthcare technology, high tech, software, green tech, […]