Recent Posts

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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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

Accounting & Audit Alert- Overhead allocations: Rising costs require a fresh, disciplined mindset

From utilities and interest expense to executive salaries and insurance, many overhead costs have skyrocketed over the last few years. Some companies have responded by passing along the increases to customers through higher prices of

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Posted In: Alerts & Advisories

Edelstein Named as Top 200 Firm for Eighth Consecutive Year

We are proud to announce that Edelstein has again been named as one of the Top 200 (#162) accounting firms in the nation by Inside Public Accounting (IPA). Firms are ranked by U.S. net revenues

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Posted In: Awards

Edelstein Announces 2023 Promotions

On Monday, July 24, 2023, Edelstein announced the promotions of the following team members: Andrew Caggiano, Audit Senior Associate Brooke Schreib, Tax Supervisor Cameran Harrison, Tax Senior Manager Elissa Dukeshire, Tax Manager Emma Patterson, Tax

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Posted In: News