PKF O'Connor Davies Accountants and Advisors
PKF O'Connor Davies Accountants and Advisors

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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.

Getting a Jump on Year-End Tax Planning Pays Off
July 31, 2024

For private foundations with calendar year-ends, this is a great time to consider getting a head start on year-end tax planning.

What Happens If You Have a Shareholders’ Agreement … and What Happens If You Don’t?
July 30, 2024

We see shareholders’ agreements as important tools for safeguarding the interests of all shareholders.

Get Your Privacy Program Ready as Six Additional States Adopt New Laws
July 30, 2024

Almost all the new laws have controls over the ability of residents to regulate the use of their personal data.

IRS Announces Its Position for Taxpayers That Sell Marijuana
July 24, 2024

This IRS announcement indicated that its position will remain until a final rule is published by the Justice Department (DOJ) permanently excluding marijuana from Schedule I Controlled Substance status.

Employee Benefit Plans Alert | Summer 2024
July 23, 2024

This summer 2024 edition of Employee Benefit Plans Alert focuses on the following topics: Stock Repurchase Excise Tax, Form 5500 Changes for 2023 Plan Year Reporting and Guidance on New Exceptions to the 10% Additional Tax under Section 72(t).

Sale of a C Corporation – Buy and Sell Tax Implications for Stock & Asset Sales
July 16, 2024

There can be major tax implications for both the buyer and seller based on the structure of a sale of a C corporation.

Affordable Housing in New York Catches a (Tax) Break
July 11, 2024

Program 485x is now included in the NY State 2025 Budget to help calm the crisis and boost incentive to build affordable housing again.

Supreme Court Upholds Tax on Foreign Profits, Upends Deference to Government Agencies
July 8, 2024

The Supreme Court recently issued decisions in two key cases with big impacts for the tax landscape in the U.S. – Loper Bright Enterprises v. Raimondo and Moore v. United States.

SEC Risk Alert – Key Takeaways for Broker-Dealers Subject to Examination
July 1, 2024

The Alert details the selection process and provides insight into the types of documents and evidence that may be requested.

Is Your Accounting Policy Manual Up-to-Date?
June 27, 2024

Having an established and continuously maintained accounting policy manual is essential for any foundation.

A Winning Strategy: Corporate Accountability for Personal Devices
June 25, 2024

We share the following five best practices to help your financial services firm navigate this regulatory environment.

IRS Update on the Employee Retention Credit
June 24, 2024

On Thursday, June 20, 2024, the IRS announced updates on its handling of the remaining open Employee Retention Credit (ERC) claims.

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