Archive for Alerts & Advisories Category
By Edelstein on November 18, 2016
The weaker pound has highlighted a range of investment opportunities in the UK. Commercial property is one of the investment opportunities where the low value of the pound means great deals are available. You would
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Posted In: Alerts & Advisories, News
By Edelstein on November 17, 2016
The Business Valuation and Forensic Accounting team has released the fourth installment of a series of educational videos. In this video, Does My Balance Sheet Balance?, Principal Jason Pierce focuses on family law as it
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Posted In: Alerts & Advisories, News, Videos
By Edelstein on November 11, 2016
This month’s newsletter includes the following: Financial Accounting Standards Board’s new standards for nonprofit financial statements – webinar November 16 6 ways not-for-profits can fortify ethics IRS plans More Efficient audits of Tax-Exempt Groups AICPA
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Posted In: Alerts & Advisories
By Edelstein on November 10, 2016
Partner Scott Kaplowitch was quoted in The Wall Street Journal article, “U.S. Businesses Brace for Uncertainty,” which discusses the Trump win impact on U.S. businesses as it relates to trade pacts, overseas operations, and corporate tax
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Posted In: Alerts & Advisories, Articles, News
By Edelstein on November 8, 2016
Saving for retirement can be tough if you’re putting most of your money and time into operating a small business. However, many retirement plans aren’t difficult to set up and it’s important to start saving
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Posted In: Alerts & Advisories
By Edelstein on October 31, 2016
This past spring and summer, Edelstein’s office space underwent renovations at our existing location. Furniture was refreshed, standing desks are now offered in every office and cube, and the colors of our rebrand were tied
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Posted In: Alerts & Advisories
By Edelstein on October 28, 2016
Many tax breaks are reduced or eliminated for higher-income taxpayers. Two of particular note are the itemized deduction reduction and the personal exemption phaseout. Income thresholds If your adjusted gross income (AGI) exceeds the applicable
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Posted In: Alerts & Advisories
By Edelstein on October 20, 2016
In addition to income tax, you must pay Social Security and Medicare taxes on earned income, such as salary and self-employment income. The 12.4% Social Security tax applies only up to the Social Security wage
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Posted In: Alerts & Advisories
By Edelstein on October 18, 2016
This month’s newsletter includes the following: New Overtime Rules take effect December 1, 2016 Focus on Furniture; how we worked with The Furniture Trust to repurpose our outgoing office furniture during our recent office renovation
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Posted In: Alerts & Advisories
By Edelstein on October 12, 2016
Typically, it’s better to defer tax. One way is through controlling when your business recognizes income and incurs deductible expenses. Here are two timing strategies that can help businesses do this: Defer income to next
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Posted In: Alerts & Advisories