IRS Proposes LIHTC Average Income Test Regulations

On October 30, 2020 the IRS published a proposed rule for the low-income housing tax credit (LIHTC) average income (AI) test regulations. The proposed rule provides that if a project has multiple over-income units, it would not need to meet the next-available-unit rule in any particular order. This proposed rule also provides some flexibility in […]

AAFCPAs Donates to Khadijah Medical Clinic

AAFCPAs Donates to Khadijah Medical Clinic

At AAFCPAs, we donate 10% of our net income annually back to nonprofits in an effort to use the power of business as a force for good. Recently, AAFCPAs as well as several individual team members donated to Khadijah Medical Clinic in Liberia, a small West-African country in recovery from civil war. This will be […]

AAFCPAs’ Partner Sorie Kaba, CPA will Present at NABA Minority Business Conference in Boston

AAFCPAs Partner Sorie Kaba, CPA will serve as a panelist on Saturday, October 20th, providing guidance on Creating a Culture of Diversity and Inclusion in the corporate environment.  This session is part of The Boston Chapter of the National Association of Black Accountants’ (NABA, Inc.) Annual Minority Business Conference (AMBC), organized for the benefit of students, professionals, […]