Archive for March, 2020

Emerging Tax Alert- The IRS provides guidance on meal and entertainment deductions

The IRS has released proposed regulations addressing the deductibility of meal and entertainment expenses in tax years beginning after December 31, 2017. Among other things, the proposed regulations clear up lingering confusion regarding whether meals

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Posted In: Alerts & Advisories

Tax Alert- Home is where the tax breaks might be

If you own a home, the interest you pay on your home mortgage may provide a tax break. However, many people believe that any interest paid on their home mortgage loans and home equity loans

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Posted In: Alerts & Advisories

Accounting & Audit Alert- When to write off stale receivables

Accounts receivables are classified under current assets on the balance sheet if you expect to collect them within a year or within the operating cycle, whichever is longer. However, unless your company sells goods or

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Posted In: Alerts & Advisories

A Celebration of Life

It is with sadness that we share the news of Walter Goldstein’s passing. In 1968, Edelstein & Company began as two partners.  Alan Edelstein as Managing Partner and his colleague Walter Goldstein. They were introduced

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Posted In: News