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.

Brazil’s Transfer Pricing Changes and Impact on U.S. Foreign Tax Credit
January 24, 2023

The Brazilian government recently issued draft legislation, Provisional Measure 1152 (MP 1152) to align the transfer pricing system in Brazil with the transfer pricing guidelines of The Organization for Economic Cooperation and Development (OECD).

Capital Planning and Financing Considerations for Private Clubs
January 19, 2023

The private club exists to provide an experience to members. The perceived value of that experience can depend heavily on a club’s capital assets.

Cyber Roundup – January 2023
January 19, 2023

None of us is safe as individuals or businesses from a cyberattack; however, taking steps before it actually happens can prevent its eventuality.

2023 Risk Outlook: A Rocky Road Lies Ahead
January 17, 2023

As we enter 2023, we are facing another year of uncertainty marked by high inflation, the possibility of a recession and the evolving health and safety concerns related to what some call a “triple-demic” with multiple respiratory viruses now in circulation.

Modern Financial Operations for Small Businesses
January 17, 2023

Small businesses solve daily challenges, including business growth, changing regulations, a tightening labor pool environment and rapidly evolving customer preferences.

PCAOB Proposes New Standard for Audit Confirmations
January 13, 2023

The Public Company Accounting Oversight Board (PCAOB) recently issued for public comment a proposed new auditing standard, The Auditor’s Use of Confirmation, to replace in its entirety existing AS 2310, The Confirmation Process.

IRS Final Regulations: The Affordable Care Act (ACA)
January 10, 2023

Employers with 50 or more full-time employees (including full-time equivalent employees) in the previous year will be required to file the IRS Forms 1094-C and 1095-C (the Forms) for the 2022 calendar year.

Secure Act 2.0 – First Look at the Changes Affecting Retirement Plans
January 10, 2023

The long-awaited legislation intended to improve retirement plan savings opportunities for American workers was signed into law on December 29, 2022, as part of the Consolidated Appropriations Act of 2023.

COP 27 Climate Conference – Key Takeaways and Potential Investment Implications
January 10, 2023

As experienced investors know, significant geopolitical and macroeconomic events are important to understand in calibrating your investment risk strategy for the upcoming year. The recent 27TH Conference of the Parties (COP 27) led to material agreements between the participating nations across various different work streams for the ultimate goal of working together to reduce global warming to 1.5C degrees through the reduction in greenhouse gas emissions.

The Life Cycle of Low-Income Housing Tax Credits (LIHTC)
January 5, 2023

The low-income housing tax credit program, or LIHTC as it is called, was created as part of the 1986 Tax Reform Act, specifically in Section 42 of the Internal Revenue Code (IRC).

The Private Foundation and Its Artwork
December 19, 2022

For private foundations with art collections or those anticipating receipt of artwork, valuation, donation and preservation are key areas of consideration. In this article, we aim to provide some of the more relevant considerations for private foundations with respect to artwork.

Cyber Roundup – December 2022
December 19, 2022

Long gone are the days when to be a “hacker,” you needed significant drive and technical knowledge to be a real threat.

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