Archive for Alerts & Advisories Category

BREXIT 1 – Exchange Rate Bonanza

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

Does My Balance Sheet Balance?

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

November 2016 Nonprofit Newsletter

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

Scott Kaplowitch quoted in The Wall Street Journal, “U.S. Businesses Brace for Uncertainty”

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

Tax Alert- There’s still time to set up a retirement plan for 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

Edelstein’s Renovated Office

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

Tax Alert- Beware of income-based limits on itemized deductions and personal exemptions

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

Tax Alert-What the self-employed need to know about employment taxes

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

October 2016 Nonprofit Newsletter

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

Tax Alert- Are you timing business income and expenses to your tax advantage?

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