Author Archive : Edelstein

Accounting & Audit Alert- GAAP vs. tax-basis: Which is right for your business?

Most businesses report financial performance using U.S. Generally Accepted Accounting Principles (GAAP). But the income-tax-basis format can save time and money for some private companies. Here’s information to help you choose the financial reporting framework

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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

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Posted In: Events

Tax Alert- Small businesses: Stay clear of a severe payroll tax penalty

One of the most laborious tasks for small businesses is managing payroll. But it’s critical that you not only withhold the right amount of taxes from employees’ paychecks but also that you pay them over

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Posted In: Alerts & Advisories

Accounting & Audit Alert- How to keep track of small tools and equipment

Whether it’s hard hats and drills on a jobsite, iPads in an office or RFID readers in a warehouse, small tools and equipment have a tendency to disappear at many companies. The cost of lost,

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Posted In: Alerts & Advisories

Scott Kaplowitch Speaks at the Business Fundamentals Bootcamp

Today, Managing Partner Scott Kaplowitch, presented about Finance & Administration at the Business Fundamentals Bootcamp at CIC Boston.  He taught ‘Choose Your Entity Wisely and How to Compensate Your Employees’ to the audience of mature and

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Posted In: Events, Sponsorships

Emerging Tax Alert- Business year-end tax planning in a TCJA world

The first tax-filing season under the Tax Cuts and Jobs Act (TCJA) was a time of uncertainty for many businesses as they struggled with the implications of the law’s sweeping changes for their bottom lines.

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Posted In: Alerts & Advisories

Emerging Tax Alert- It’s not too late to trim your 2019 tax bill

Fall is in the air and that means it’s time to turn your attention to year-end tax planning. While several clear strategies and tactics emerged during the first tax filing season under the Tax Cuts

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Valuing profits interests in LLCs

The use of so-called “profits interest” awards as a tool to attract and retain skilled workers has increased, as more companies are being structured as limited liability companies (LLCs), rather than as corporations. But accounting

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Posted In: Alerts & Advisories

Scott Kaplowitch presents at AGN fall Symposium

Earlier this week, Managing Partner, Scott Kaplowitch, presented at AGN‘s Fall Symposium.  The event took place in Atlanta, Georgia and Scott shared his expertise on Trusts & Estates.  The symposium included agenda items such as:

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Posted In: Events

Tax Alert- Selling securities by year end? Avoid the wash sale rule

If you’re planning to sell assets at a loss to offset gains that have been realized during the year, it’s important to be aware of the “wash sale” rule. How the rule works Under this

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Posted In: Alerts & Advisories