Recent Posts

Edelstein Recognized in Massachusetts Lawyers Weekly

Thank you to Massachusetts Lawyers Weekly and its readers for recognizing us as a top five firm in the following categories: Accounting, Appraisal Service, E-Discovery, Experts, Forensic Accounting, Litigation Support, Risk Management, and Transaction Advisory.

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Posted In: Awards

Edelstein Announces 2022 Promotions

On Thursday, August 4, 2022, Edelstein announced the promotions of the following team members: Katie Mrozowski, Audit Senior Associate Jessica Smith, Audit Senior Associate Gabby Valente, Audit Senior Associate Danny Young, Business Valuation Supervisor Matt

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Posted In: News

Edelstein Named as Top 200 Firm for Seventh Consecutive Year

We are proud to announce that Edelstein has again been named as one of the Top 200 (#168) accounting firms in the nation by Inside Public Accounting (IPA). Firms are ranked by U.S. net revenues

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Posted In: Awards

Emerging Tax Alert- The Inflation Reduction Act includes wide-ranging tax provisions

The U.S. Senate and House of Representatives have passed the Inflation Reduction Act (IRA). President Biden is expected to sign the bill into law shortly. The IRA includes significant provisions related to climate change, health

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Cyber risks: A critical part of your auditor’s risk assessment

As businesses and not-for-profit entities increasingly rely on technology, cyberthreats are becoming more sophisticated and aggressive. Auditors must factor these threats into their risk assessments. They can also help you draft cybersecurity disclosures and brainstorm

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Posted In: Alerts & Advisories

Accounting & Audit Alert- How external confirmations are used during an audit

Auditors commonly use confirmations to verify such items as cash, accounts receivable, accounts payable, employee benefit plans and pending litigation. Under U.S. Generally Accepted Auditing Standards, an external confirmation is “a direct response to the

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Evaluating “going concern” concerns

Under U.S. Generally Accepted Accounting Principles (GAAP), financial statements are normally prepared based on the assumption that the company will continue normal business operations into the future. When liquidation is imminent, the liquidation basis of

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Posted In: Alerts & Advisories

Edelstein Sponsored 5th Annual CLE by the Sea

On Wednesday, July 13, 2022, Edelstein was proud to sponsor the fifth annual CLE by the Sea for Solos and Small Law Firms. The conference was put on by the Greater Newburyport Bar Association with

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Posted In: Sponsorships

Tax Alert- Three tax breaks for small businesses

Sometimes, bigger isn’t better: Your small- or medium-sized business may be eligible for some tax breaks that aren’t available to larger businesses. Here are some examples. 1. QBI deduction For 2018 through 2025, the qualified

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Posted In: Alerts & Advisories

Accounting & Audit Alert- How to account for collaborative agreements

Today, many companies share research or technology to develop new products. For example, manufacturers might enter into a joint venture to conduct scientific research to design a new medical device. Or a watchdog group might

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Posted In: Alerts & Advisories