Archive for October, 2018

Emerging Tax Alert- The business meal expense deduction lives on post-TCJA

The Tax Cuts and Jobs Act (TCJA) was packed with goodies for businesses, but it also seemed to eliminate the popular meal expense deduction in some situations. Now, the IRS has issued transitional guidance —

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Posted In: Alerts & Advisories

Tax Alert-Charitable IRA rollovers may be especially beneficial in 2018

If you’re age 70½ or older, you can make direct contributions — up to $100,000 annually — from your IRA to qualified charitable organizations without owing any income tax on the distributions. This break may

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Auditing royalty agreements

Companies often grant licenses to others allowing them to use intellectual property — such as a patent or proprietary computer code — in exchange for royalties. Licensors can hire an external audit firm to ensure

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Posted In: Alerts & Advisories

Today Officially Marks 50 Years!

On this date, October 1st, in 1968, Edelstein & Company, LLP became officially incorporated as a business. After a few years as a sole practitioner, our founder Alan M. Edelstein, decided that the time was

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Posted In: Alerts & Advisories, Events, News, Videos