Archive for January, 2020

Edelstein’s Quarterly Firm-wide Meeting

At Edelstein, we began having quarterly firm-wide meetings to provide updates to our entire team. Here is some of the information we shared: Re-stated our themes for the year which were announced at our State

READ MORE

Posted In: Events

Emerging Tax Alert- The SECURE Act changes the rules for employers on retirement plans

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the first significant retirement-related legislation in more than a dozen years. It brings many changes that affect employers of all sizes, including some that

READ MORE

Posted In: Articles

Data Privacy Day 2020

Today is #DataPrivacyDay and we’d like to remind you about our IT Consulting Services. Data Privacy Day is an international effort to empower individuals and encourage businesses to respect privacy, safeguard data and enable trust

READ MORE

Posted In: Resources

Accounting & Audit Alert- Accounting for indirect job costs the right way

Construction contractors, professional service firms, specialty manufacturers and other companies that work on large projects often struggle with job costing. Full cost allocations are essential to gauging whether you’re making money on each job. But

READ MORE

Posted In: Alerts & Advisories

Edelstein Sponsors the Needham History Center & Museum’s annual Fundraiser

Edelstein is proud to once again sponsor the Needham History Center & Museum’s annual Champagne & Chocolate Winter Fundraiser. Funds raised from the event will be used to support the Needham community, educational programs for

READ MORE

Posted In: Sponsorships

Managing Partner Scott Kaplowitch Co-hosts Lawyers & Accountant Annual Reception

On Tuesday, January 21, 2020, Managing Partner, Scott Kaplowitch, co-hosted Combined Jewish Philanthropy’s (CJP) annual Lawyers & Accountants Reception. The event took place at the Fairmont Copley Plaza Hotel. “Lessons of Leadership for Israel and

READ MORE

Posted In: Events

Tax Alert- Can you deduct charitable gifts on your tax return?

Many taxpayers make charitable gifts — because they’re generous and they want to save money on their federal tax bills. But with the tax law changes that went into effect a couple years ago and

READ MORE

Posted In: Alerts & Advisories

Accounting & Audit Alert- What are the responsibilities of an audit committee?

Before you jump headfirst into the year-end financial reporting process, review the role independent audit committees play in providing investors and markets with high-quality, reliable financial information. Recent SEC statement Under Securities and Exchange Commission

READ MORE

Posted In: Alerts & Advisories

Tax Alert- 4 new law changes that may affect your retirement plan

If you save for retirement with an IRA or other plan, you’ll be interested to know that Congress recently passed a law that makes significant modifications to these accounts. The SECURE Act, which was signed

READ MORE

Posted In: Alerts & Advisories

Principal Promotion Spotlight: Gino Borgonzi

At our annual State of the Firm meeting in November, we announced the promotion of nonprofit manager, Gino Borgonzi, to the principal level, effective January 1, 2020. Gino joined Edelstein & Company in 2000 and

READ MORE

Posted In: News