Author Archive : Edelstein

Tax Alert- With year-end approaching, 3 ideas that may help cut your tax bill

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

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Are you ready for the upcoming audit season?

An external audit is less stressful and less intrusive if you anticipate your auditor’s document requests. Auditors typically ask clients to provide similar documents year after year. They’ll accept copies or client-prepared schedules for certain

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Posted In: Alerts & Advisories

Edelstein’s Traditional Family Recipes Book

Last year, in the spirit of Thanksgiving, Edelstein gathered recipes from team members and created a Thanksgiving Recipe Book. This year, we slightly adjusted the recipe book to be traditional family recipes instead of Thanksgiving

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Posted In: Uncategorized

Accounting & Audit Alert- Look to the future with a QOE report

Are you thinking about merging with or acquiring a business? CPA-prepared financial statements can provide valuable insight into historical financial results. But an independent quality of earnings (QOE) report can be another valuable tool in

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Posted In: Alerts & Advisories

Tax Alert- Massachusetts Enacts Elective Pass-Through Entity Excise

On September 30, 2021, the Massachusetts legislature joined several other states in adopting an elective pass-through entity (PTE) excise tax. This is in response to the $10,000 cap on the federal state and local tax

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Posted In: Alerts & Advisories

Tax Alert- Businesses can show appreciation — and gain tax breaks — with holiday gifts and parties

With Thanksgiving just around the corner, the holiday season will soon be here. At this time of year, your business may want to show its gratitude to employees and customers by giving them gifts or

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Posted In: Alerts & Advisories

Edelstein Featured in Anduin Article

On November 15, 2021, Edelstein was featured in an article posted by Anduin, a leading technology company helping accounting firms streamline their work-to-cash cycle and practice management operations with artificial intelligence (AI). Since adopting Anduin’s

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Posted In: News

Accounting & Audit Alert- How to assess fraud risks today

Auditing standards require external auditors to consider potential fraud risks by watching out for conditions that provide the opportunity to commit fraud. Unfortunately, conditions during the COVID-19 pandemic may have increased your company’s fraud risks.

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Posted In: Alerts & Advisories

Tax Alert- Feeling generous at year end? Strategies for donating to charity or gifting to loved ones

As we approach the holidays, many people plan to donate to their favorite charities or give money or assets to their loved ones. Here are the basic tax rules involved in these transactions. Donating to

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Posted In: Alerts & Advisories

October 2021 at Edelstein

November is here and Edelstein wanted to take a break to reflect on October. Watch the video below to see what we were up to. Watch our September at Edelstein video here.

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Posted In: Videos