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.

FASB’s Leases Standard Applies to All Not-for-Profits Beginning in 2022
January 19, 2022

Most recently, the FASB granted a delay for implementation of the Leases Standard through issuance of ASU No. 2020-05 in June 2020. The deferment applied to both public and nonpublic not-for-profits.

Check these 5 Boxes Before Choosing an M&A Advisor to Sell Your Company
January 18, 2022

Engaging an effective Mergers & Acquisition (M&A) advisor to sell your company is critical to a successful outcome. Even the fastest-growing companies in high-demand industries require an adept deal team to ensure shareholders receive the value and terms they deserve.

Taking Your Fund Private: Is it Time to Transition your Fund to a Private Family Office?
January 12, 2022

An increasing number of investment fund managers are deciding to return outside investor capital and turn their focus to their family wealth … as well as their personal lives.

Rhode Island Announces New Estate Tax Forms and Filing Thresholds
January 10, 2022

Prior to January 1, 2022, residents and non-residents of Rhode Island filed either RI Form 100 or Form 100A to report the value of estates at date of death and any related tax amounts that were due.

Another Step Ahead – Family Office Newsletter
December 17, 2021

December 2021As we continue to collaborate with contributing experts, we take another step forward to help our Family Office clients succeed […]

IRS Issues Guidance Regarding Tax-Exempt LLCs
December 15, 2021

The Notice defines the current standards a Limited Liability Company (LLC) must satisfy to receive an IRS determination letter and be recognized as tax-exempt under section 501(a) of the Internal Revenue Code (IRC) and as described in section 501(c)(3).

Responding to Calls for Catholic College and University Endowments to “Care for Our Common Home”
December 14, 2021

Catholic colleges and universities are increasingly divesting from fossil fuels as part of their efforts to put into action Pope Francis’ encyclical on care for creation, “Laudato Si’, on Care for Our Common Home.”

Cyber Roundup – December 2021
December 13, 2021

At the height of the cheesecake holiday season, there’s a cream cheese shortage. Who would have thought it was due to a cyber-incident?

The Relationship between Non-Cash Assets and Charitable Giving
December 13, 2021

Families and individuals are reevaluating how they view their wealth and are far more aware of their own mortality.

10 Things to Know About the New Art Market
December 13, 2021

With this blockbuster event as a backdrop, and in light of many months of constant change and reimagining in the global art market during COVID-19, it might be helpful to give some definition to the new art market in which we find ourselves.

How Demographic Changes Impact Family Enterprises
December 13, 2021

The demographics of what we once described as the American “family” has significantly changed since the 1960s, and especially in the past twenty years.

Navigating Through a Remote Audit
December 8, 2021

It is likely that remote auditing is here to stay. To date, most organizations have had at least one remote audit conducted on their financial statements.

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