Archive for March, 2017
By Edelstein on March 24, 2017
Managing Partner Scott Kaplowitch was quoted in today’s Wall Street Journal article, “Divorced Couples, Put Aside Your Differences…for the Tax Break.” The piece discusses how divorced couples often end up overpaying during the tax filing
READ MORE
Posted In: Articles, News
By Edelstein on March 22, 2017
This month’s newsletter discusses whether your revenue is earned or contributed. Determining whether revenue is contributed or earned (also called an “exchange transaction”) is often clear cut. However, there are other times when the line to
READ MORE
Posted In: Alerts & Advisories
By Edelstein on March 21, 2017
If you have a child in college, you may be eligible to claim the American Opportunity credit on your 2016 income tax return. If, however, your income is too high, you won’t qualify for the
READ MORE
Posted In: Alerts & Advisories
By Edelstein on March 14, 2017
Yes, there’s still time to make 2016 contributions to your IRA. The deadline for such contributions is April 18, 2017. If the contribution is deductible, it will lower your 2016 tax bill. But even if
READ MORE
Posted In: Alerts & Advisories
By Edelstein on March 10, 2017
Edelstein’s nonprofit partner Alfonso Perillo hosts this industry focused podcast where he’ll sit down with individuals from various professions with a focus on nonprofit organizations. In this first episode, Getting Your Nonprofit Audit In Gear,
READ MORE
Posted In: Alerts & Advisories, Resources
By Edelstein on March 8, 2017
It’s not uncommon for adult children to help support their aging parents. If you’re in this position, you might qualify for the adult-dependent exemption. It allows eligible taxpayers to deduct up to $4,050 for each
READ MORE
Posted In: Alerts & Advisories
By Edelstein on March 7, 2017
INGREDIENTS MATTER (TM) We understand that operating a restaurant, franchise or brewery isn’t easy. The key ingredient for your success is to surround your business with advisors who have a depth and breadth of experience.
READ MORE
Posted In: Resources
By Edelstein on March 6, 2017
On Thursday, March 16, 2017, Marc Bello will present Practical Tips for Managing Small Business Valuations to the Greater Newburyport Bar Association. Bello, along with Laurie Tunick of Tunick Financial Services and Karen Galat of Newburyport
READ MORE
Posted In: Events
By Edelstein on March 3, 2017
We’re proud to announce that we have won a Gold Impact Award for 2016 from Building Impact. Building Impact strengthens communities by providing individuals and companies with the knowledge and opportunity to volunteer, donate, and connect
READ MORE
Posted In: Awards, News
By Edelstein on March 1, 2017
Managing Partner, Scott Kaplowitch, was quoted in Accounting Today’s article, ‘To LLC or not to LLC: Entity choice and tax reform.’ Selecting the type of entity to use when setting up a business is a vastly
READ MORE
Posted In: Articles