Archive for November, 2017

Edelstein’s Tax Timely Topic Breakfast

     On November 14, 2017, three Edelstein team members presented a tax timely topic update to an audience of clients and business contacts. Glenn Gates provided an International Tax Update, Kate Rooney presented on Qualified Tuition Plans (“529”)

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Posted In: Events

Tax Alert- Higher-bracket taxpayers can take advantage of the 0% long-term gains rate

Even if your income is high, your family may be able to benefit from the 0% long-term capital gains rate We’re entering the giving season, and if making financial gifts to your loved ones is

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Do your financial statements contain hidden messages?

Over time, many business owners develop a sixth sense: They learn how to “read” a financial statement by computing financial ratios and comparing them to the company’s results over time and against those of competitors.

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Posted In: Alerts & Advisories

Mike Antonelli in Accounting Today

Last week, Accounting Today published the article, “Which pass-through will pass?”, a piece that discusses the differences in the House and Senate proposals regarding taxation of pass-through income. The two proposals differ substantially, says partner

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Posted In: Alerts & Advisories

Tax Alert- You may need to add RMDs to your year-end to-do list

As the end of the year approaches, most of us have a lot of things on our to-do lists, from gift shopping to donating to our favorite charities to making New Year’s Eve plans. For

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Demystifying the audit process

Independent auditors provide many benefits to business owners and management: They can help uncover errors in your financials, identify material weaknesses in your internal controls, and increase the level of confidence lenders and other stakeholders

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Posted In: Alerts & Advisories

Marc Bello Presents at AICPA Conference

This week, partner Marc Bello, is presenting at the AICPA Forensic and Valuation Services Conference in Las Vegas, NV.  His sessions include the following: “Discovering the ‘Hidden Assets’ in the Marital Estate” in which he

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Posted In: Events

Tax Alert- Why you may want to accelerate your property tax payment into 2017

Accelerating deductible expenses, such as property tax on your home, into the current year typically is a good idea. Why? It will defer tax, which usually is beneficial. Prepaying property tax may be especially beneficial

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Posted In: Alerts & Advisories

Accounting & Audit Alert- How to prepare WIP reports for long-term contracts

Work-in-progress (WIP) is a major inventory account for manufacturers, media and film companies, construction contractors, and other entities that enter into long-term contracts. WIP reports help management gauge the profit on each long-term project. To

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Posted In: Alerts & Advisories

Scott Kaplowitch quoted in The Wall Street Journal

On Friday, November 10, 2017, The Wall Street Journal published the article, “How You Can Get Ready Now for Big Tax Changes Soon.”  This piece discusses tax moves to consider based on the current tax

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Posted In: Articles, News