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.

How to Protect a Business as Sales Tax Audits Surge
May 25, 2022

With states anticipating a significant reduction in sales tax revenue, Sales and Use Tax Audits are on the rise.

Reducing the Risk of Higher Education Partnerships, Mergers and Acquisitions
May 24, 2022

The past decade has been difficult for higher education institutions – from enrollment decline to pandemic-related challenges – a number […]

Advocates Worry Donor Fund Proposal Could Chill Legit Use
May 19, 2022

In a recent article Advocates Worry Donor Fund Proposal Could Chill Legit Use, published in Law360, Tom Blaney, Director of […]

Cyber Roundup – May 2022
May 16, 2022

As you read through the cyber incidents recently occurring, you will note a real-world example of how much damage ransomware can inflict.

New York’s Budget Bill and Subsequent Legislation Includes Significant Pass-Through Entity Tax (PTET) Changes
May 12, 2022

New York’s fiscal year 2022-2023 State Budget Bill (Bill) as well as subsequent legislation, recently signed by Governor Hochul, contains significant changes to the New York State (NYS) PTET and creates a New York City (NYC) PTET.

Connecticut Enacts “Tax Cut” Budget Bill
May 10, 2022

Connecticut’s $24.2 billion budget bill for the fiscal year starting July 1, 2022 was signed by Governor Lamont on May 9th, 2022.”

Current Insights on Private Equity Deal Terms & Earnouts
May 4, 2022

Generally speaking, 2021 was a remarkable year for M&A activity in the private equity (PE) space, with global PE volume increasing approximately 111% in 2021 compared to 2020, ending the year at approximately $1.2 trillion worth of deals as posted in the Harvard Law School Forum on Corporate Governance.

Don’t Miss Your Filing Deadline – Implement GASB No. 87 Now
April 26, 2022

The Government Accounting Standards Board (GASB) issued Statement No. 87 Leases (GASB 87) to establish a single leasing model for accounting and reporting purposes.

SEC Climate-Related Disclosures Proposal: Transparency or Regulatory Burden?
April 21, 2022

This article will contrast the focus of the two disclosure frameworks and highlight the attestation expectation and timelines for compliance outlined by the SEC Climate-Related Disclosure proposal document

Cyber Roundup – April 2022
April 13, 2022

As we read about the victims of cybercrime each month, it is important to bear in mind that many of these breaches were preventable.

Technology Traps Wealth Managers Must Avoid
April 11, 2022

Marc Rinaldi, Partner-in-Charge of Financial Services, was featured in the third edition of Technology Traps Wealth Managers Must Avoid.

How Charities Can Position Themselves Ahead of the Impact Ratings Curve
April 11, 2022

According to recent surveys conducted by Give.org, 60% of respondents rate the importance of trusting a charity before donating as essential. While 33% of donors rate charity impact information as being very important to their giving, another 50% admit to not fully knowing what this means.

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