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By Edelstein on July 24, 2023
Does your organization offer health care and retirement benefits for its employees? Benefit plans with 100 or more participants are generally required to have their annual reports audited under the Employee Retirement Income Security Act
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Posted In: Alerts & Advisories
By Edelstein on July 18, 2023
For many companies, a significant line item on the balance sheet is accounts receivable. But can you take the amount reported at face value, or could there be more to the story? It’s important to
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Posted In: Alerts & Advisories
By Edelstein on July 12, 2023
If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. How do the rules work? Under the current fair market value basis rules
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Posted In: Alerts & Advisories
By Edelstein on July 11, 2023
Timely financial information is critical to a successful business or nonprofit organization. In today’s dynamic marketplace, you may need to act fast to ward off potential threats and risks — and jump on new opportunities.
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Posted In: Alerts & Advisories
By Edelstein on June 21, 2023
When one spouse in a married couple not earning compensation, the couple may not be able to save as much as they need for a comfortable retirement. In general, an IRA contribution is allowed only
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Posted In: Alerts & Advisories
By Edelstein on June 20, 2023
Not-for-profit organizations exist to achieve nonfinancial or philanthropic goals, not to make money or build value for investors. But they still need to monitor their financial health — that is, how much funding is coming
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Posted In: Alerts & Advisories
By Edelstein on June 5, 2023
Private companies can breathe a sigh of relief: The Financial Accounting Standards Board (FASB) and the Private Company Council have agreed to give them a pass on a coming proposal that, if approved, would require
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Posted In: Alerts & Advisories
By Edelstein on May 22, 2023
Traditional business models in many sectors have been disrupted by the COVID-19 pandemic, geopolitical uncertainty, rising costs and falling consumer confidence. If your company is planning a major strategic shift this year, management may need
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Posted In: Alerts & Advisories
By Edelstein on May 15, 2023
Working capital — the funds your company has tied up in accounts receivable, accounts payable and inventory — is a critical performance metric. During times of rising inflation and interest rates, managers search for ways
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Posted In: Alerts & Advisories
By Edelstein on May 10, 2023
If you’ve successfully filed your 2022 tax return with the IRS, you may think you’re done with taxes for another year. But some questions may still crop up about the return. Here are brief answers
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Posted In: Alerts & Advisories