Recent Posts

Annual State of the Firm: Spending Time Together

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. Similar to last year, to allow team members

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Posted In: Events

Accounting & Audit Alert- SOC Reporting for Private Equity: Protecting Assets and Avoid Surprises at Exit

As private equity (PE) leaders are adopting various strategies to safeguard and expand their businesses, one approach gaining significant attention is system and organization controls (SOC) reporting. The reason behind this growing interest is SOC

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Posted In: Alerts & Advisories

Tax Alert- Massachusetts Enacts Corporate and Individual Tax Changes

On October 4, 2023, Massachusetts Gov. Maura Healy signed H. 4104 to enact numerous business and individual tax changes. The more significant changes include adopting single-sales-factor apportionment for all corporate taxpayers, changing the sourcing of

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Posted In: Alerts & Advisories

Tax Alert- Business automobiles: How the tax depreciation rules work

Do you use an automobile in your trade or business? If so, you may question how depreciation tax deductions are determined. The rules are complicated, and special limitations that apply to vehicles classified as passenger

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Posted In: Alerts & Advisories

PRESS RELEASE: Edelstein & Company LLP Expands Global Presence with New Office in India

Boston, MA – Edelstein & Company LLP, a premier, mid-sized accounting and business consulting firm, is pleased to announce the opening of its new office in India, expanding its global footprint and strengthening its commitment

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Posted In: News

CAS Alert- A winning combination: QuickBooks + your marketing platform

QuickBooks® is a popular business accounting software program. There are also a number of marketing platforms that businesses can use to stay in touch with customers. Using these tools in tandem may allow your organization

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Navigating the percentage-of-completion method

Does your business work on projects that take longer than a year to complete? Recognizing revenue from long-term projects usually requires use of the “percentage-of-completion” method. Here’s an overview of when it’s required and how

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Posted In: Alerts & Advisories

Tax Alert- Selling your home for a big profit? Here are the tax rules

Many homeowners across the country have seen their home values increase in recent years. According to the National Association of Realtors, the median price of existing homes sold in July of 2023 rose 1.9% over

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Posted In: Alerts & Advisories

Accounting & Audit Alert- New report identifies high-risk areas in financial reporting

In July 2023, the Public Company Accounting Oversight Board (PCAOB) published a report that highlights common areas of audit deficiencies for public companies. Private companies face similar challenges when reporting their financial results. Internal accounting

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Posted In: Alerts & Advisories

Tax Alert- Disabled family members may be able to benefit from ABLE accounts

If you have family members with disabilities, there may be a tax-advantaged way to save for their needs — without having them lose eligibility for the government benefits to which they’re entitled. It can be

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Posted In: Alerts & Advisories