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.

Federal Supplier Climate Risks and Resilience Rule
August 14, 2023

Regulatory requirements continue to evolve in the sustainability sector and that includes those for organizations doing business with the U.S. Federal Government.

Non-Taxpayers Receive IRS Guidance on Clean Energy Direct Payments
August 14, 2023

The Inflation Reduction Act of 2022 (IRA) brought new and expanded energy tax credits for taxpayers. It also provided an opportunity for tax-exempt entities, state and local governments and tribes (collectively “non-taxpayers”) to receive subsidies in lieu of the clean energy tax credits.

Introducing the New ISSB Sustainability Disclosure Standards
August 14, 2023

One of the most significant challenges in evaluating the sustainability data provided by companies has been the lack of a globally consistent baseline standard for disclosure.

Reporting Standards Update
August 14, 2023

In the sustainability sector, some accounting professionals believe that business-sponsored organizations should establish new disclosure expectations.

FASB Proposes Expanded Income Statement Expense Disclosures
August 10, 2023

The Financial Accounting Standards Board (FASB) recently issued a proposal that would require public business entities to provide detailed disclosure in the notes to financial statements about specific expense categories on an annual and interim basis.

IRS Issues ERC Warnings and Related Guidance on Supply Chain Disruptions
August 9, 2023

Over the last several weeks, the IRS has issued a number of public statements regarding the Employee Retention Credit (ERC).

8 Ways Private Equity Fund Managers Can Streamline the Year-End Valuation Process
August 7, 2023

Private equity fund CFOs bear the weight of numerous responsibilities. Given these competing demands, here’s a list of helpful tips to manage year-end valuations, financial reporting processes and procedures.

CFO Insights: Building and Safeguarding Value Through Financial Planning and Analysis
August 3, 2023

Structuring an effective finance function typically includes financial planning and analysis (FP&A) that involves annual budgeting, monthly variance reviews and periodic reforecasting.

New Jersey Adopts a “Convenience of the Employer” Rule
August 2, 2023

New Jersey’s Governor Murphy recently signed A 4694, a Bill that created a “convenience of the employer” rule.

M&A Deal Activity Slowed Down in First Half of 2023
August 1, 2023

North American M&A deal activity persisted in its deceleration trend throughout the first half of 2023, building upon the contraction observed in the second half of 2022.

SEC Adopts Amendments on Cybersecurity Disclosure Rules
July 27, 2023

On Wednesday, July 26, 2023, the Securities and Exchange Commission (SEC) voted to adopt amendments to its existing rules to enhance and standardize its cybersecurity regulations.

Key Considerations for Investment Policy Statement Implementation
July 26, 2023

Successful investing requires a strategic plan and provides a foundation an opportunity to strategically align the investment portfolio to their mission and core values.

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