Author Archive : Edelstein

Accounting & Audit Alert- Cutoffs: What counts in 2020 vs. 2021

As year end approaches, it’s a good idea for calendar-year entities to review the guidelines for recognizing revenue and expenses. There are specific rules regarding accounting cutoffs under U.S. Generally Accepted Accounting Principles (GAAP). Strict

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Posted In: Alerts & Advisories

New Video: Understanding Components of Partnership K1 Income

In this video, Marc Bello will discuss partnerships and guaranteed payments on a schedule K-1. Today’s video will help answer the question, “how do you determine a partner’s annual income when a guaranteed payment comes

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Posted In: Videos

Inclusion, Diversity & Equity Statement

At last week’s State of the Firm annual meeting, our theme was How Our Differences Make Us Stronger.  A major component of our agenda was unveiling our Inclusion, Diversity & Equity Statement along with the

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Posted In: News

Accounting & Audit Alert- How to minimize turnover in your accounting department

The demand for qualified accounting and finance personnel has grown, as business owners struggle to manage unpredictable cash flows, increased costs, and new government policies and financial aid packages. Plus, the potential job market for

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Posted In: Alerts & Advisories

Annual State of the Firm: How Our Differences Make Us Stronger

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

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Posted In: Events

Jesse Gillett Receives AICPA Forensic & Valuation Services Standing Ovation

On November 10, 2020, the American Institute of CPAs (AICPA) announced that Business Valuation & Forensic Accounting Principal, Jesse Gillett, received the Forensic and Valuation Services Standing Ovation Award. The AICPA’s Standing Ovation Recognition Program

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Posted In: Awards

Jason Pierce on ValuationPodcast.com

On Tuesday, October 27, 2020, Business Valuation & Forensic Accounting Partner, Jason Pierce, was on an episode of the ValuationPodcast.com. The episode is titled, “Fraud in Times of Divorce: Following the Money Trail” and is

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Posted In: News

Accounting & Audit Alert- Preparing for the possibility of a remote audit

The coming audit season might be much different than seasons of yore. As many companies continue to operate remotely during the COVID-19 pandemic, audit procedures are being adjusted accordingly. Here’s what might change as auditors

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Posted In: Alerts & Advisories

Scott Kaplowitch Contributes to Bloomberg Tax Article

Managing Partner, Scott Kaplowitch, was an author in the Bloomberg Tax article, “2020 May Hold Unpleasant Tax Surprises for Telecommuters.” This piece goes over which states are attempting to assist individual taxpayers in avoiding double

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Posted In: Articles

Accounting & Audit Alert- How effectively does your business manage risk?

From natural disasters and government shutdowns to cyberattacks and fraud, risks abound in today’s volatile, uncertain marketplace. While some level of risk is inevitable when operating a business, proactive owners and executives apply an enterprise

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Posted In: Alerts & Advisories