News & Resources

Casualty losses can provide a 2017 deduction, but rules tighten for 2018 If you suffered damage to your home or personal property last year, you may be able to deduct these “casualty” losses on your

Every business experiences occasional cash shortages. When this happens, owners often assume they should go out and sell more. But this strategy can sometimes compound money troubles over the short run. Why? The answer lies

Whether you’re claiming charitable deductions on your 2017 return or planning your donations for 2018, be sure you know how much you’re allowed to deduct. Your deduction depends on more than just the actual amount

Earlier this week, nonprofit principal Greg Rogers was quoted in the Accounting Today article, “New help for private foundations.” On February 9th, The Bipartisan Budget Act of 2018 was signed into law.  An exception was

Tax Principal Emily Matthews wrote the below summary of the Deduction for Qualified Business Income, also known as Section 199A of the Tax Cuts & Jobs Act. Edelstein & Company has taken special interest in this section

On Thursday, March 8th, Business Valuation partner Marc Bello and principal Jason Pierce will present at MCLE’s Family Law Financial Forensics 2018 conference. They will be joined by other industry experts to discuss the following agenda

Owners of closely held businesses sometimes need to advance their companies money to bridge a temporary downturn or provide extra cash flow for an expansion, a major expense or other purposes. Should you categorize those

Passage of the Tax Cuts and Jobs Act (TCJA) in December 2017 has led to confusion over some of the changes to longstanding deductions, including the deduction for interest on home equity loans. In response,

Sec. 179 expensing provides small businesses tax savings on 2017 returns — and more savings in the future If you purchased qualifying property by December 31, 2017, you may be able to take advantage of

Custom jobs require ongoing supervision to achieve the best financial results. Whether you’re a general contractor constructing a strip mall, a manufacturer building made-to-order parts or an architect drawing up blueprints, once a project is