Recent Posts

Accounting & Audit Alert- Using agreed-upon procedures to target specific items of concern

Your CPA offers a wide menu of services. One flexible offering, known as an “agreed-upon procedures” engagement, provides limited assurance on a specific aspect of an organization’s financial or nonfinancial information. What’s covered? Agreed-upon procedures

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Posted In: Alerts & Advisories

Emerging Tax Alert- Massachusetts Announces Taxpayer Refunds

On Friday, September 16, 2022, the Baker-Politio Administration announced details for a return of $2.941 billion in excess tax revenue that will be refunded to Massachusetts taxpayers. Massachusetts law requires that when tax revenue collections

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Is your current bad debt allowance reasonable?

In today’s volatile market conditions, it’s important to review your accounts receivable ledger and consider writing off stale, uncollectible accounts. The methods that you’ve used in the past to evaluate bad debts may no longer

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Are your risk-management practices keeping up with the times?

Risks abound in today’s uncertain marketplace. Nearly two-thirds of senior finance leaders said that the volume and complexity of corporate risks have changed “mostly” or “extensively” in the past five years, according to a new

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Posted In: Alerts & Advisories

Accounting & Audit Alert- New law puts “book income” in the crosshairs

The Financial Accounting Standards Board (FASB) could have congressional lobbyists nipping at its heels over a “book minimum tax” rule in the newly enacted Inflation Reduction Act of 2022 (IRA). This would be the first

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Posted In: Alerts & Advisories

Tax Alert- The Inflation Reduction Act: what’s in it for you?

You may have heard that the Inflation Reduction Act (IRA) was signed into law recently. While experts have varying opinions about whether it will reduce inflation in the near future, it contains, extends and modifies

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Posted In: Alerts & Advisories

Tax Alert- Self-employed? Build a nest egg with a solo 401(k) plan

Do you own a successful small business with no employees and want to set up a retirement plan? Or do you want to upgrade from a SIMPLE IRA or Simplified Employee Pension (SEP) plan? Consider

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Posted In: Alerts & Advisories

Edelstein Recognized in Massachusetts Lawyers Weekly

Thank you to Massachusetts Lawyers Weekly and its readers for recognizing us as a top five firm in the following categories: Accounting, Appraisal Service, E-Discovery, Experts, Forensic Accounting, Litigation Support, Risk Management, and Transaction Advisory.

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Posted In: Awards

Edelstein Announces 2022 Promotions

On Thursday, August 4, 2022, Edelstein announced the promotions of the following team members: Katie Mrozowski, Audit Senior Associate Jessica Smith, Audit Senior Associate Gabby Valente, Audit Senior Associate Danny Young, Business Valuation Supervisor Matt

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Posted In: News

Edelstein Named as Top 200 Firm for Seventh Consecutive Year

We are proud to announce that Edelstein has again been named as one of the Top 200 (#168) accounting firms in the nation by Inside Public Accounting (IPA). Firms are ranked by U.S. net revenues

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Posted In: Awards