Author Archive : Edelstein

Edelstein’s Tax Topic Panel

On November 13, 2018, five members of Edelstein’s tax team presented a panel on the Tax Cuts and Jobs Act (TCJA).  Panelists Mike Antonelli, Scott Kaplowitch, Keith LeBlanc, Emily Matthews, and Kate Rooney discussed a

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Posted In: Events, News, Resources

Marc Bello to speak at Family Law Conference

On Friday, November 16, Business Valuation Partner, Marc Bello, will present ‘Alimony After Tax Reform’ at the Massachusetts Bar Association’s 28th Annual Family Law Conference.  He’ll be joined by Michael Flores, Esq and David Lee,

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Posted In: Events, Resources

Accounting & Audit Alert- A fresh look at percentage of completion accounting

How do you report revenue and expenses from long-term contracts? Some companies that were required to use the percentage of completion method (PCM) under prior tax law may qualify for an exception that was expanded

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Posted In: Alerts & Advisories

Kate Rooney to present on Year End Tax Planning

On Wednesday, November 14, 2018, tax principal, Kate Rooney, will present to the Society of Financial  Service Professionals’ Boston chapter.  She’ll discuss year end tax planning as it relates to personal tax planning opportunities. The

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Posted In: Events, News, Resources

Tax Alert- Buy business assets before year end to reduce your 2018 tax liability

The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are popular year-end tax planning tools for businesses. To take advantage of these breaks, you must purchase qualifying assets and place them

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Posted In: Alerts & Advisories

Accounting & Audit Alert- LIFO lessons learned

You have choices when it comes to reporting inventory costs. One popular technique — the last-in, first-out (LIFO) method — assumes that merchandise is sold in the reverse order it was acquired or produced. That

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Posted In: Alerts & Advisories

Emerging Tax Alert- Act now to cut your 2018 tax bill

The Tax Cuts and Jobs Act (TCJA) created more than 100 new tax provisions — a staggering thought as you begin to prepare for the next filing season. The good news is that these and

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Posted In: Alerts & Advisories

Quarterly Healthcare Advisory

Increasingly, hospitals, health systems and the federal government are pushing for “pay for quality” or “pay per performance” over the more traditional “pay for volume” as the underlying structure for physician compensation. This article offers

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Posted In: Alerts & Advisories

Accounting & Audit Alert- How auditors assess risk when preparing financial statements

Every year, your audit firm will conduct a fresh risk assessment before the start of fieldwork. Why? Because your auditor wants to mitigate the risk of expressing an incorrect opinion regarding the accuracy and integrity

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Posted In: Alerts & Advisories

Emerging Tax Alert- IRS proposes regulations for Opportunity Zone tax incentives

The Tax Cuts and Jobs Act (TCJA) includes a provision that Secretary of the Treasury Steven Mnuchin said should lead to $100 billion in capital investments in distressed areas. The provision allows taxpayers to defer

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Posted In: Alerts & Advisories