Recent Posts

Tax Alert- Can you qualify for a medical expense tax deduction?

You may be able to deduct some of your medical expenses, including prescription drugs, on your federal tax return. However, the rules make it hard for many people to qualify. But with proper planning, you

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Put your company’s financial statements to work for you

It’s almost time for calendar-year businesses to prepare their year-end financial statements. If used correctly, these reports can be a valuable management tool. Use them in benchmarking and forecasting to be proactive, not reactive, to

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Posted In: Alerts & Advisories

Happy Holidays from Edelstein!

The holiday season has started and Edelstein wants to spread some joy with a video of our past celebrations. We hope your holidays are filled with health and happiness!

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Posted In: Videos

Tax Guide- Relaxed limit on business interest deductions

In previous posts, we have mentioned the implications that the Tax Cuts & Jobs Act have on business interest deductions, along with the impact the CARES Act has on them. In the following post, we

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Posted In: Alerts & Advisories

Tax Alert- Maximize your 401(k) plan to save for retirement

Contributing to a tax-advantaged retirement plan can help you reduce taxes and save for retirement. If your employer offers a 401(k) or Roth 401(k) plan, contributing to it is a smart way to build a

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Year-end SWOT analysis can uncover risks

As your company plans for the coming year, management should assess your strengths, weaknesses, opportunities and threats. A SWOT analysis identifies what you’re doing right (and wrong) and what outside forces could impact performance in

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Posted In: Alerts & Advisories

Edelstein Hosts First Rising Stars Day: Cultivating Growth

On December 3, 2020, Edelstein hosted our first Rising Stars Day: Cultivating Growth, intending to provide our associates, senior associates, and supervisors with marketing, business development, and career growth tips. The event concluded with a

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Posted In: Events

Edelstein Included in Forbes’ List of Best Accounting and Tax Firms for 2021

On December 3, 2020, Forbes released their 2nd annual list of America’s Best Tax and Accounting Firms. Forbes selected the recipients based on an independent survey and an online access panel of thousands of tax

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Posted In: Awards

Tax Alert- Small businesses: Cash in on depreciation tax savers

As we approach the end of the year, it’s a good time to think about whether your business needs to buy business equipment and other depreciable property. If so, you may benefit from the Section

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Posted In: Alerts & Advisories

Tax Alert- Employees: Don’t forget about your FSA funds

Many employees take advantage of the opportunity to save taxes by placing funds in their employer’s health or dependent care flexible spending arrangements (FSAs). As the end of 2020 nears, here are some rules and

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Posted In: Alerts & Advisories