Archive for March, 2023

Tax Alert- Some taxpayers qualify for more favorable “head of household” tax filing status

When preparing your tax return, we’ll check one of the following statuses: Single, married filing jointly, married filing separately, head of household or qualifying widow(er). Filing a return as a head of household is more

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Demystifying deferred taxes

Deferred taxes are a confusing topic — and the accounting rules for reporting these items often seem to defy the logic of real-world economics. Here’s a brief overview to help clarify matters. What are deferred

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Posted In: Alerts & Advisories

Edelstein Included as Top New England Firm

Edelstein is proud to announce that for the fourth consecutive year, we have been named as a Top Regional Leader for 2022 by Accounting Today. The list consists of 16 firms in New England in

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Posted In: Awards

Tax Alert- Two important tax deadlines are coming up — and they don’t involve filing your 2022 tax return

April 18 is the deadline for filing your 2022 tax return. But a couple of other tax deadlines are coming up in April and they’re important for certain taxpayers: Saturday, April 1 is the last

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Posted In: Alerts & Advisories

Tax Alert- The 2022 gift tax return deadline is coming up soon

Did you make large gifts to your children, grandchildren or other heirs last year? If so, it’s important to determine whether you’re required to file a 2022 gift tax return. And in some cases, even

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Close-up on sources of substantive audit evidence

Organizations that understand how auditors verify account balances and transactions can minimize disruptions during audit fieldwork and maximize the effectiveness of financial statement audits. Here’s a summary of the types of “substantive evidence” auditors gather

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Posted In: Alerts & Advisories

2023 Largest Accounting Firms Announced

We are, once again, proud to announce that we have been named as a top accounting firm in Massachusetts by the Boston Business Journal. Published on February 9, 2023, we are ranked as the 18th

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Posted In: Awards