Author Archive : Edelstein

Jesse Gillett provides food industry presentation

On Thursday, September 13, 2018, Business Valuation Principal, Jesse Gillett, provided a presentation on the food industry.  Attendees key takeaways were: An expert’s quick-takes on your developing enterprise Industry-based data insights to direct your goals

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Posted In: Events, Resources

Accounting & Audit Alert- How to trim the fat from your inventory

Inventory is expensive. So, it needs to be as lean as possible. Here are some smart ways to cut back inventory without compromising revenue and customer service. Objective inventory counts Effective inventory management starts with

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Posted In: Alerts & Advisories

Edelstein again named as Top 200 Firm and Best of the Best

We are proud to announce that Edelstein has been named as one of the Top 200 (#186) accounting firms in the nation by Inside Public Accounting (IPA), up from last year’s ranking of 190. This is IPA’s

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Posted In: Alerts & Advisories, Awards

Accounting & Audit Alert- Beware of unexpected tax liabilities under new accounting and tax rules!

The Tax Cuts and Jobs Act (TCJA) contains a provision that ties revenue recognition for book purposes to income reporting for tax purposes, for tax years starting in 2018. This narrow section of the law

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Posted In: Alerts & Advisories

New Video: Working Capital

Working Capital is a critical topic in today’s business world.  Though it may be a topic that can be both overwhelming and slightly daunting, it is a key element to success.  In this video, Business

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Posted In: Videos

Accounting & Audit Alert- Identifying and reporting critical audit matters

For over 40 years, the Securities and Exchange Commission (SEC) has required only a simple pass-fail statement in public companies’ audit reports. But the deadline for mandatory reporting of critical audit matters (CAMs) in audit

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Posted In: Alerts & Advisories

Emerging Tax Alert- IRS issues proposed regulations on the pass-through business income deduction

The IRS recently released highly anticipated regulations addressing the deduction for up to 20% of qualified business income (QBI) from pass-through entities. The deduction was a major component of the Tax Cuts and Jobs Act,

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Posted In: Alerts & Advisories

Emerging Tax Alert- IRS issues guidance on new bonus depreciation rules

The Tax Cuts and Jobs Act (TCJA) significantly expands bonus depreciation under Section 168(k) of the Internal Revenue Code for both regular tax and alternative minimum tax (AMT) purposes. Now, the IRS has released proposed

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Posted In: Alerts & Advisories

Accounting & Audit Alert- It’s important to monitor your SEC filing status

As public companies grow, they may move from one filing status or issuer category to another. Recent and proposed changes to the Securities and Exchange Commission (SEC) rules for some categories could affect your company’s

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Posted In: Alerts & Advisories

Tax Alert- The TCJA prohibits undoing 2018 Roth IRA conversions, but 2017 conversions are still eligible

Converting a traditional IRA to a Roth IRA can provide tax-free growth and tax-free withdrawals in retirement. But what if you convert your traditional IRA — subject to income taxes on all earnings and deductible

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Posted In: Alerts & Advisories