Archive for July, 2021

Tax Alert- There’s currently a “stepped-up basis” if you inherit property — but will it last?

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. The current rules Under the current fair market value basis rules (also known

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Analytics software: A brave new world in auditing

Analytical software tools will never fully replace auditors, but they can help auditors do their work more efficiently and effectively. Here’s an overview of how data analytics — such as outlier detection, regression analysis and

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Posted In: Alerts & Advisories

Edelstein Hosts First Firm-Wide Diversity, Equity, & Inclusion Training

On Wednesday, July 21, 2021, Edelstein hosted our first firm-wide diversity, equity, and inclusion training. When we announced the forming of our IDEA Council at our 2020 State of the Firm, one of the major

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Posted In: Events

Jonathan Liff Quoted In Article By Givinga

On Tuesday, July 20, 2021, Jonathan Liff, Tax Senior Manager, was quoted in an article that was posted by Givinga. The article was titled, “Tax Benefits of Corporate Giving, with Jon Liff, CPA at Edelstein”

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Posted In: Resources

Edelstein Named as Top 200 Firm for Sixth Consecutive Year

We are proud to announce that Edelstein has again been named as one of the Top 200 (#175) accounting firms in the nation by Inside Public Accounting (IPA). Firms are ranked by U.S. net revenues

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Posted In: Awards

Accounting & Audit Alert- Internal control questionnaires: How to see the complete picture

Businesses rely on internal controls to help ensure the accuracy and integrity of their financial statements, as well as prevent fraud, waste and abuse. Given their importance, internal controls are a key area of focus

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Posted In: Alerts & Advisories

June 2021 at Edelstein

As we head further into summer, Edelstein wanted to take a break to reflect on June. Watch the video below to see what we were up to. Watch our May at Edelstein video, here.

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Posted In: News

Accounting & Audit Alert- Auditing WIP

Many types of businesses — such as homebuilders and manufacturers — turn raw materials into finished products for customers. Production is a continuous process. So, any work that’s been started but isn’t yet completed before

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Posted In: Alerts & Advisories

Edelstein To Close Offices From July 5 Through July 9

In observance of Independence Day and in recognition of the hard work our team put in with the extended deadlines and changing regulatory rules, Edelstein will be closing our offices from July 5 to July

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Posted In: News