Archive for February, 2017

Tax Alert- Tangible property safe harbors help maximize deductions

If last year your business made repairs to tangible property, such as buildings, machinery, equipment or vehicles, you may be eligible for a valuable deduction on your 2016 income tax return. But you must make

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Posted In: Alerts & Advisories

Tax Alert- Deduct all of the mileage you’re entitled to — but not more

Rather than keeping track of the actual cost of operating a vehicle, employees and self-employed taxpayers can use a standard mileage rate to compute their deduction related to using a vehicle for business. But you

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Posted In: Alerts & Advisories

February 2017 Nonprofit Newsletter

This month’s newsletter includes the following: Updated Form 990-EZ to Help Smaller Nonprofits Avoid Errors FASB Amends the Consolidation Guidance for Nonprofits 2017 Institute for Trustees upcoming event Read the entire newsletter here. 

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Posted In: Alerts & Advisories

Principal Promotion Spotlight: Rosalie Miller

In December, we announced the promotion of four of our managers to the principal level.  Today we are highlighting Rosalie Miller, a principal on our nonprofit team. Early in her career, Rosalie worked as a

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Posted In: News

Tax Alert- Do you need to file a 2016 gift tax return by April 18?

Last year you may have made significant gifts to your children, grandchildren or other heirs as part of your estate planning strategy. Or perhaps you just wanted to provide loved ones with some helpful financial

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Posted In: Alerts & Advisories

Principal Promotion Spotlight: Emily Matthews

We were excited to announce the promotion of four of our managers to the principal level this past December. Today we are highlighting Emily Matthews, a principal on our tax team. Emily began her career

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Posted In: News

Tax Alert- What you need to know about the tax treatment of ISOs

Incentive stock options allow you to buy company stock in the future at a fixed price equal to or greater than the stock’s fair market value on the grant date. If the stock appreciates, you

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Posted In: Alerts & Advisories

Jason Pierce to present at MSCPA Litigation Consulting & Business Valuation Committee Meeting

On Monday, February 7, 2017, Principal Jason Pierce will present at the Massachusetts Society of Certified Public Accountants Litigation Consulting & Business Valuation Committee Meeting.  The presentation will provide an overview of digital currencies, the taxation and regulatory

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Posted In: Events

Principal Promotion Spotlight: Keith LeBlanc

In December, we were proud to announce the promotion of four of our managers to the principal level.  Today we’re highlighting Keith LeBlanc, a principal on our tax team. Keith joined Edelstein in 2013 as

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Posted In: News

Mike Antonelli quoted in Financial Advisor

Partner Mike Antonelli was quoted in the recent Financial Advisor article, Make Taxes Great Again, which discusses potential tax shifts coming with President Trump.  Antonelli is quoted in the discussion around alternative minimum tax (AMT).

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Posted In: Alerts & Advisories, News