Posts Tagged ‘Tax’

Tax Alert- Can you deduct charitable gifts on your tax return?

Many taxpayers make charitable gifts — because they’re generous and they want to save money on their federal tax bills. But with the tax law changes that went into effect a couple years ago and

READ MORE

Posted In: Alerts & Advisories

Tax Alert- 4 new law changes that may affect your retirement plan

If you save for retirement with an IRA or other plan, you’ll be interested to know that Congress recently passed a law that makes significant modifications to these accounts. The SECURE Act, which was signed

READ MORE

Posted In: Alerts & Advisories

Six Edelstein Team Members Pass the CPA Exam

Edelstein is proud to announce that in 2019, six of our team members passed the CPA exam. The following people worked tirelessly towards this goal and it has a great impact on our firm. We

READ MORE

Posted In: News

Tax Alert- New law provides a variety of tax breaks to businesses and employers

While you were celebrating the holidays, you may not have noticed that Congress passed a law with a grab bag of provisions that provide tax relief to businesses and employers. The “Further Consolidated Appropriations Act,

READ MORE

Posted In: Alerts & Advisories

2019 Tax Law Change Update

The federal government spending package titled the Further Consolidated Appropriations Act, 2020, does more than just fund the government. It extends certain income tax provisions that had already expired or that were due to expire

READ MORE

Posted In: Alerts & Advisories

Edelstein included in Forbes’ 2020 list of America’s Best Tax and Accounting Firms

Forbes announced America’s Best Tax and Accounting Firms based on an independent survey and an online access panel of thousands of tax and accounting professionals. Out of the 18,000+ tax firms in the United States,

READ MORE

Posted In: Awards, News

Emerging Tax Alert- IRS updates rules for mileage-related deductions

The IRS has issued new guidance updating the rules for using optional standard mileage rates when calculating “above-the-line” deductions for the costs of operating an automobile for certain purposes. IRS Revenue Procedure 2019-46 also lays

READ MORE

Posted In: Alerts & Advisories

5 ways to trim 2019 taxes

Additional Resources for year-end tax planning: Factor 2020 cost-of-living adjustments into your year-end tax planning Business year-end tax planning in a TCJA world It’s not too late to trim your 2019 tax bill Selling securities

READ MORE

Posted In: Alerts & Advisories

Emerging Tax Alert- Factor 2020 cost-of-living adjustments into your year-end tax planning

The IRS recently issued its 2020 cost-of-living adjustments. With inflation remaining largely in check, many amounts increased slightly, and some stayed at 2019 levels. As you implement 2019 year-end tax planning strategies, be sure to

READ MORE

Posted In: Alerts & Advisories

Jonathan Gorski shares insights at roundtable

On Tuesday, October 29th, Partner Jonathan Gorski presented at Highland Healthcare Associates IPA’s Business Roundtable. The theme of the event was Maximizing Profitability Through Real Estate and Jonathan presented on ‘Accounting Strategies to Consider When

READ MORE

Posted In: Events