Posts Tagged ‘Tax’
By Edelstein on January 19, 2021
For years, you’ve trusted us to provide tax and accounting services and expert guidance. Like many other businesses, we are restructuring our daily operations to allow the firm’s staff to work remotely and account for
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Posted In: Alerts & Advisories
By Edelstein on January 7, 2021
The Consolidated Appropriations Act of 2021 (CAA) was signed into law in late December. The sprawling legislation contains billions of dollars in additional stimulus funding in response to the COVID-19 pandemic, as well as numerous
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Posted In: Alerts & Advisories
By Edelstein on January 6, 2021
President Trump signed into law billions of dollars in long-awaited COVID-19 and economic relief. The relief package is part of the nearly 5,600-page Consolidated Appropriations Act (CAA), which also contains numerous other tax, payroll and
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Posted In: Alerts & Advisories
By Edelstein on December 17, 2020
To provide businesses and their owners with some relief from the financial effects of the COVID-19 crisis, the Coronavirus Aid, Relief, and Economic Security (CARES) Act eases the rules for claiming certain tax losses. Here’s
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Posted In: Alerts & Advisories
By Edelstein on December 16, 2020
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
By Edelstein on December 10, 2020
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
By Edelstein on December 9, 2020
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
By Edelstein on December 4, 2020
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
By Edelstein on December 3, 2020
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
By Edelstein on December 1, 2020
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