Archive for December, 2022

Tax Alert- Save for retirement by getting the most out of your 401(k) plan

Socking away money in a tax-advantaged retirement plan can help you reduce taxes and help secure a comfortable retirement. If your employer offers a 401(k) or Roth 401(k), contributing to the plan is a smart

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Posted In: Alerts & Advisories

Introducing Edelstein’s Client Resource Center

Edelstein is excited to have launched our Client Resource Center! Supporting your business needs and delivering exceptional client service is our goal. This page is meant to help you find answers to your questions quickly.

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Posted In: Resources

Tax Alert- Do you qualify for the QBI deduction? And can you do anything by year-end to help qualify?

If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is referred to as the pass-through deduction or the Section 199A deduction. The QBI

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Posted In: Alerts & Advisories

Accounting & Audit Alert- How to report software costs

What do Tesla cars, smart TVs and equipment used for making french fries have in common? The answer is embedded software, according to recent comments by Financial Accounting Standards Board (FASB) Vice Chair James Kroeker.

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Posted In: Alerts & Advisories

Annual State of the Firm: Building to Connect

Annually, we host our State of the Firm meeting in which the entire firm comes together to reflect on our past year and look forward to the next. Similar to last year, to allow team

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Posted In: Events

Tax Alert- Answers to your questions about taking withdrawals from IRAs

As you may know, you can’t keep funds in your traditional IRA indefinitely. You have to start taking withdrawals from a traditional IRA (including a SIMPLE IRA or SEP IRA) when you reach age 72.

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Posted In: Alerts & Advisories