Recent Posts

Community Service This Past Fall

This past Fall, we took part in a number of community serving events both in and out of the office. Giving back to communities in need is woven into our fabric at Edelstein and we

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Posted In: Events, News

Tax Alert- Personal exemptions, standard deductions and tax credits

Under the Tax Cuts and Jobs Act (TCJA), individual income tax rates generally go down for 2018 through 2025. But that doesn’t necessarily mean your income tax liability will go down. The TCJA also makes

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Posted In: Alerts & Advisories

Establishing Effective Internal Controls for Smaller Nonprofits with Limited Resources

Nonprofit organizations face an ongoing challenge of accomplishing more with less.  These conflicting interests can often lead nonprofits to assign accounting staff multiple roles as part of the job duties they are expected to complete. 

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Posted In: Articles

Accounting & Audit Alert- How financial statements can be used to value private businesses

Owners of private businesses often wonder: How much is my business interest worth? Financial statements are a logical starting point for answering this question. Here’s an overview of how financial statements can serve as the

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Posted In: Alerts & Advisories

Principal Promotion Spotlight: Jesse Gillett

At our annual State of the Firm meeting in November, we announced the promotion of business valuation manager, Jesse Gillett, to the principal level. Prior to joining Edelstein & Company in 2015, Jesse was a consultant at

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Posted In: News

Accounting & Audit Alert- Income statement items warrant your auditor’s attention

Today’s auditors spend significant time determining whether amounts claimed on the income statement capture the company’s financial performance during the reporting period. Here are some income statement categories that auditors focus on. Revenue Revenue recognition

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Posted In: Alerts & Advisories

Edelstein at the Pine Street Inn

As we begin to celebrate our 50th anniversary here at Edelstein, we shared that we will be taking part in 5 larger scale community serving events to commemorate one per decade that we have been

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Posted In: Events, Sponsorships

Asset Management Industry December 2017 Update

Edelstein & Company’s valuation team is pleased to release our second installment of an asset management industry update, with public insights geared towards privately held managers.  This piece, intended to be part of an ongoing

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Posted In: Alerts & Advisories

Tax Alert- The TCJA temporarily expands bonus depreciation

The Tax Cuts and Jobs Act (TCJA) enhances some tax breaks for businesses while reducing or eliminating others. One break it enhances — temporarily — is bonus depreciation. While most TCJA provisions go into effect

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Got multiple locations? Expect auditors to keep a close eye on inventory

Do you remember the high-profile fraud that happened at drugstore chain Phar-Mor in the 1990s? Executives manipulated the company’s financial statements to hide approximately $500 million in losses. A key ploy that perpetrators used in

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Posted In: Alerts & Advisories