Recent Posts

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

READ MORE

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

READ MORE

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

READ MORE

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

READ MORE

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

READ MORE

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

READ MORE

Posted In: Awards

Edelstein’s Joanna Lambert Sponsoring Project for Boston University’s School of Public Health

Led by Joanna Lambert, Healthcare Management Consultant, Edelstein is sponsoring a semester-long project for Boston University’s School of Public Health. Joanna is working with six graduate students on a business plan to expand our Healthcare

READ MORE

Posted In: Sponsorships

Accounting & Audit Alert- Use visual aids to enhance financial reporting

Graphs, charts, tables and other data visualizations can be inserted in your financial statement disclosures to improve transparency and draw attention to key accomplishments. As your organization prepares its year-end or quarterly financials, consider presenting

READ MORE

Posted In: Alerts & Advisories

Tax Alert- There still may be time to make an IRA contribution for last year

If you’re getting ready to file your 2022 tax return, and your tax bill is higher than you’d like, there may still be an opportunity to lower it. If you’re eligible, you can make a

READ MORE

Posted In: Alerts & Advisories

Valuation Update: Massachusetts released Technical Information Release (TIR) 23-1: Tax Provisions in the Fiscal Year 2023 Budget, Including Massachusetts Personal Income Tax Code Update

Effective January 1, 2022, Massachusetts Income Tax Rules comply with the Federal Internal Revenue Code (“IRC”) amended as of January 1, 2022. This means that as of January 1, 2022, Massachusetts conforms with the current

READ MORE

Posted In: Alerts & Advisories