Archive for December, 2021
By Edelstein on December 28, 2021
On December 22, 2021, the IRS announced that they will be sending letters to Advance Child Tax Credit (“CTC”) and Economic Impact Payment (“EIP”) recipients starting this December through January. The IRS letters will notate
READ MORE
Posted In: Alerts & Advisories
By Edelstein on December 21, 2021
On December 2, 2021, Forbes released their third annual list of America’s Best Tax and Accounting Firms. Forbes selected the recipients based on an independent survey and an online access panel of thousands of tax
READ MORE
Posted In: Awards
By Edelstein on December 20, 2021
While digitalization continues to take hold of the business world, the billing and collections functions for many organizations remain largely paper based. Businesses that automate the accounts receivable process may accomplish several operational and financial
READ MORE
Posted In: Alerts & Advisories
By Edelstein on December 15, 2021
On November 17, the Financial Accounting Standards Board (FASB) issued a new accounting standard on disclosing certain types of government incentives that businesses receive to set up shop in a locality. The standard comes at
READ MORE
Posted In: Alerts & Advisories
By Edelstein on December 15, 2021
The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This perk results in tax deductions for the employer as well as tax breaks for the owners
READ MORE
Posted In: Alerts & Advisories
By Edelstein on December 14, 2021
Before we head too far into December, we wanted to take a moment to reflect on November. Watch the video below to see what we were up to. Watch our October at Edelstein video here.
READ MORE
Posted In: Videos
By Edelstein on December 13, 2021
Forecasting how your company is likely to perform over the next year can be challenging, especially when it’s unclear where the markets are heading. But accurate forecasts are critical when managing a business. For example,
READ MORE
Posted In: Alerts & Advisories
By Edelstein on December 10, 2021
Annually, we host our State of the Firm meeting in which the entire firm comes together to reflect on our past year and look forward to the next. This year, many aspects of our event
READ MORE
Posted In: Events
By Edelstein on December 9, 2021
At Edelstein’s annual State of the Firm, we announced the promotion of Jesse Gillett to Partner, effective January 1, 2022. Jesse joined Edelstein in 2015 and is part of our Business Valuation & Forensic Accounting
READ MORE
Posted In: News
By Edelstein on December 7, 2021
If you’re starting to worry about your 2021 tax bill, there’s good news — you may still have time to reduce your liability. Here are three quick strategies that may help you trim your taxes
READ MORE
Posted In: Alerts & Advisories