Archive for March, 2021

Accounting & Audit Alert- 4 ways to improve the effectiveness of your audit committee

Audit committees face many challenges in 2021. As the economy rebounds from the COVID-19 pandemic, there are new dimensions to the oversight roles and responsibilities of the audit committees. Consider taking these following four steps

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Posted In: Alerts & Advisories

Accounting & Audit Alert- How auditors assess cyber risks

Data security is a critical part of the audit risk assessment. If your financial statements are audited, your audit team will tailor their procedures to answer critical questions about cyber risks and the effectiveness of

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Posted In: Alerts & Advisories

Emerging Tax Alert- Extended tax filing deadline provides relief to individual taxpayers and the IRS

The IRS has announced that the federal income tax filing deadline for individuals for the 2020 tax year is extended from April 15, 2021, until Monday, May 17, 2021. The IRS extended the deadline to

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Posted In: Alerts & Advisories

Emerging Tax Alert- The American Rescue Plan Act provides sweeping relief measures for eligible families and businesses

On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA). The $1.9 trillion law is intended to provide far-reaching relief from the economic and other repercussions of the ongoing COVID-19

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Posted In: Alerts & Advisories

Marc Bello To Be Panelist for COVID-19 Part 2: Lessons learned in Family Law and Our Path Forward

On Tuesday, April 6, 2021, Business Valuation & Forensic Accounting Partner, Marc Bello, will be a panelist on, ‘COVID-19 Part 2: Lessons learned in Family Law and Our Path Forward’, an event put on by

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Posted In: Events

Accounting & Audit Alert- Making sense of your statement of cash flows

The statement of cash flows essentially tells you about cash entering and leaving a business. It’s arguably the most misunderstood and underappreciated part of a company’s annual report. After all, a business that reports positive

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Posted In: Alerts & Advisories

Jason Pierce Presented at Merrimack Valley Estate Planning Council

On Wednesday, March 10, 2021, Business Valuation and Forensic Accounting Partner, Jason Pierce, virtually presented at the Merrimack Valley Estate Planning Council. His presentation was titled, ‘Estate Planning Best Practices with Cryptocurrencies & Digital Assets‘.

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Posted In: Events

Emerging Tax Alert- The American Rescue Plan Act has passed: What’s in it for you?

Congress has passed the latest legislation aimed at providing economic and other relief from the COVID-19 pandemic that has haunted the country for the last year. President Biden is expected to sign the 628-page American

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Posted In: Alerts & Advisories

Edelstein included as Top New England Firm

Edelstein is proud to announce that we have been named as a Regional Leader for 2021 by Accounting Today. The list consists of 19 firms in New England in which Edelstein was ranked #10, based

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Posted In: Awards

Webinar Recording: 2021 Healthcare Industry Update: Eliminate Risk & Overcome Challenges

On Thursday, February 25, 2021, Edelstein teamed up with Morrison Mahoney and HUB International for a virtual roundtable. We aimed to educate attendees on what to expect from a legal, accounting, and insurance coverage perspective.

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Posted In: Resources, Videos