Author Archive : Edelstein

Accounting & Audit Alert – How to report COVID-19-related debt restructuring

Today, many banks are working with struggling borrowers on loan modifications. Recent guidance from the Financial Accounting Standards Board (FASB) confirms that short-term modifications due to the COVID-19 pandemic won’t be subject to the complex

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Posted In: Alerts & Advisories

Tax Alert- Tax implications of working from home

COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is basic information about one common situation. Working from home. Many employees have been told not to come

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Posted In: Alerts & Advisories

Bob Babine to Present at Massachusetts Brewers Guild Conference

On Tuesday, October 6, 2020, Accounting & Audit Partner, Bob Babine, will be presenting at the Mass Brewers Guild Technical Brewing & Business Conference (MBG Con). Bob will be presenting with Adam Romanow, Founder of

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Posted In: Events

Jason Pierce on Institute of Management Accountants Podcast

Released yesterday, Business Valuation & Forensic Accounting Partner, Jason Pierce, was on the Institute of Management Accountants’ podcast. This episode of Count Me In is titled, “Where’d the money go? Auditing, Forensic Accounting, and Business Valuation.”

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Posted In: Events

Edelstein’s Virtual Campus Events 2020

Today, September 14, 2020, Edelstein will begin our Virtual Campus Events tour. We are excited to meet students seeking a job in the accounting industry. To see our current open positions, click here.

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Posted In: Events

Accounting & Audit Alert- Reporting discontinued operations today

Marketplace changes during the COVID-19 crisis have caused many companies to make major strategic shifts in their operations — and some changes are expected to be permanent. In certain cases, these pivot strategies may need

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Posted In: Alerts & Advisories

Take a Virtual Office Tour

Check out our office!  If you’re a current employee, isn’t it nice to take a “walk” around if you haven’t physically been to the office in a few months?  If you’re thinking about joining our

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Posted In: Alerts & Advisories, Videos

Emerging Tax Alert- The IRS issues guidance on the executive action deferring payroll taxes

On August 28, the IRS issued guidance that provides some explanation of how employers can defer withholding and remitting an employee’s share of Social Security tax when wages are below a certain amount. The guidance

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Posted In: Alerts & Advisories

Multi-state residency due to the pandemic

Under ordinary circumstances you may become a statutory resident of a state if you are physically present in that state for 183 days or more. Meanwhile, your state of permanent domicile may not change, thereby

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Levels of assurance: Choosing the right option for your business today

The COVID-19 crisis is causing private companies to re-evaluate the type of financial statements they should generate for 2020. Some are considering downgrading to a lower level of assurance to reduce financial reporting costs —

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Posted In: Alerts & Advisories