Insights Center: 2025 Tax & Legislative Changes
Individuals, businesses and not-for-profit organizations are all affected by the new tax law – and we are ready to help. Start by staying informed; you’ll find our analyses of the new law’s many provisions here.
LEARN MOREPrivate Placement Life Insurance and Intentionally Defective Grantor Trusts
One of the largest determinants of long-term wealth creation often receives comparatively little attention: income taxes.
Tariff Refund Claims: Accounting and Financial Reporting Considerations
While the refund opportunity may be substantial, the accounting and financial reporting implications are complex and largely unprecedented.
Quality of Earnings Goes Mainstream
The SBA’s new SOP 50 10 8.1 introduces a QoE requirement for SBA transactions involving a business purchase price of $3 million or more.
Mark Goldschmitt Joins PKF O’Connor Davies as Partner in Commercial Tax Practice
PKF O’Connor Davies, one of the nation’s largest accounting, tax and advisory practices, today announced that Mark Goldschmitt, CPA, has joined the organization as Partner in its Commercial Tax practice.
What to Do When Your Controller Leaves and Takes 10 Years of Knowledge with Them
What many business leaders don’t realize is that in most accounting positions, the job wasn’t only in that person’s head.
Not-for-Profit Audit Committees: Responsibilities, Requirements and Governance Benefits
Strong governance & independent oversight can help mitigate those risks & protect the organization’s financial health and reputation.
Automation Is Not Assurance: How to Strengthen Controls in an Automated Environment
The value of strong controls over automated information extends well beyond satisfying an auditor.
60 Days to Close: Uniting Strategy and Accounting
We share some thoughts about artificial intelligence and change management in the context of strategic events.
The Family Office of 2030 Is Being Built Today
Tech-forward families are leveraging artificial intelligence and automation to build, preserve and transition wealth in real time.
Key Tax and Compliance Considerations for Private Foundation Year-End Readiness
The following considerations can help foundations have a more deliberate compliance and planning process rather than a year-end scramble.
New York City Millionaires Quietly Face a Reduced Credit for the Unincorporated Business Tax
The NYC Council approved a bill on July 16 that automatically became law on August 18 after Mayor Mamdani failed to sign it. Read on.
Charter School Audit Season: Lessons Learned from FY25
A number of recurring issues affect audit timing, support and compliance across the charter school sector.