Recent Posts

Accounting & Audit Alert- Reporting profits interest awards

During the pandemic, cash has been tight for many small businesses, which may make it hard to attract and retain skilled workers. In lieu of providing cash bonuses or annual raises, some companies may decide

READ MORE

Posted In: Alerts & Advisories

Accounting & Audit Alert- Updated guidance for impairment testing: When to consider triggering events

On March 30, the Financial Accounting Standards Board (FASB) published an updated accounting standard on events that trigger an impairment test under U.S. Generally Accepted Accounting Principles (GAAP). This simplified alternative may provide relief to

READ MORE

Posted In: Alerts & Advisories

March 2021 at Edelstein

As we head into April, we wanted to take a moment to reflect on March here at Edelstein. Watch the video below to see our highlights. Watch our February 2021 at Edelstein video here.

READ MORE

Posted In: Videos

Accounting & Audit Alert- 4 ways to improve the effectiveness of your audit committee

Audit committees face many challenges in 2021. As the economy rebounds from the COVID-19 pandemic, there are new dimensions to the oversight roles and responsibilities of the audit committees. Consider taking these following four steps

READ MORE

Posted In: Alerts & Advisories

Accounting & Audit Alert- How auditors assess cyber risks

Data security is a critical part of the audit risk assessment. If your financial statements are audited, your audit team will tailor their procedures to answer critical questions about cyber risks and the effectiveness of

READ MORE

Posted In: Alerts & Advisories

Emerging Tax Alert- Extended tax filing deadline provides relief to individual taxpayers and the IRS

The IRS has announced that the federal income tax filing deadline for individuals for the 2020 tax year is extended from April 15, 2021, until Monday, May 17, 2021. The IRS extended the deadline to

READ MORE

Posted In: Alerts & Advisories

Emerging Tax Alert- The American Rescue Plan Act provides sweeping relief measures for eligible families and businesses

On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA). The $1.9 trillion law is intended to provide far-reaching relief from the economic and other repercussions of the ongoing COVID-19

READ MORE

Posted In: Alerts & Advisories

Marc Bello To Be Panelist for COVID-19 Part 2: Lessons learned in Family Law and Our Path Forward

On Tuesday, April 6, 2021, Business Valuation & Forensic Accounting Partner, Marc Bello, will be a panelist on, ‘COVID-19 Part 2: Lessons learned in Family Law and Our Path Forward’, an event put on by

READ MORE

Posted In: Events

Accounting & Audit Alert- Making sense of your statement of cash flows

The statement of cash flows essentially tells you about cash entering and leaving a business. It’s arguably the most misunderstood and underappreciated part of a company’s annual report. After all, a business that reports positive

READ MORE

Posted In: Alerts & Advisories

Jason Pierce Presented at Merrimack Valley Estate Planning Council

On Wednesday, March 10, 2021, Business Valuation and Forensic Accounting Partner, Jason Pierce, virtually presented at the Merrimack Valley Estate Planning Council. His presentation was titled, ‘Estate Planning Best Practices with Cryptocurrencies & Digital Assets‘.

READ MORE

Posted In: Events