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.

Modernizing Compliance: SEC’s Final Rule on Electronic Submissions and FOCUS Reporting
June 24, 2025

While resource-intensive, electronic filings will provide significant value in the modernization of the securities industry.

Worldwide Tax Guide 2025/26
June 24, 2025

This Guide covers the latest tax and business regulations and distills complex rules into practical insights.

Family Office Operations
June 23, 2025

As investment portfolios grow in complexity and size, the need to sufficiently oversee the associated risks must be addressed.

Senate Releases Updates on “The One, Big, Beautiful Bill”
June 20, 2025

On June 17, the Senate Finance Committee released its much-anticipated reconciliation draft of “The One, Big, Beautiful Bill.”

Middle-Market M&A Outlook: Up, Down or Sideways
June 19, 2025

M&A transaction volume in North America for the Q1 2025 after all deals are reported is expected to be approximately 4,650.

Navigating New York’s Partnership Audit Overhaul
June 18, 2025

Read on for a summary of the new procedures, key deadlines and elections, material city differences and an illustrative example.

Foundations Breathe a Sigh of Relief – Senate Releases Its Version of The One, Big, Beautiful Bill
June 17, 2025

Most of the proposed provisions that would have directly impacted private foundations were removed.

US House of Representatives Approves Rescission of Federal USAID Grants
June 16, 2025

The USAID recissions package is only part of the administration’s efforts to reduce the country’s current $36 trillion deficit.

Getting It Right in Year One: Navigating GASB 103 Requirements
June 12, 2025

GASB Statement No. 103, Financial Reporting Model Improvements, is effective for fiscal years beginning after June 15, 2025.

Maryland Budget Has Key Tax Provisions for Tech Services and High-Income Taxpayers
June 9, 2025

This legislation will bring significant tax changes for businesses providing certain technology services and for high-income taxpayers.

Transitioning to Daily Computations of the Customer Reserve Formula
June 4, 2025

Required or not, transitioning to daily calculations is generally a sound strategy, providing several long-term benefits.

Fame Shouldn’t Equal Vulnerability
June 3, 2025

From prominent cases of stolen millions to the quiet, slow siphoning of wealth, embezzlement by business managers is all-too-common.

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