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.
The New York City Office of Labor Policy and Standards recently issued amendments to NYC’s Paid Safe and Sick Leave Law.
The IRS has released a new form for 2020 ‒ Form 1099-NEC to be used to report payments for nonemployee compensation which were previously reported using Form 1099-MISC, Box 7, Nonemployee Compensation (NEC).
When the first medical cannabis dispensaries began to proliferate in California in the mid-1990s, legalization proponents were excited by the prospect for further developments in this young promising industry.
In today’s fast paced world, organizations in the hospitality industry face an ever-growing need to adapt quickly to technology.
By Jean Saylor, CPA, Partner last week, Governor Raimondo announced a pause for certain businesses to take effect November 30, 2020. […]
The implementation of Governmental Accounting Standards Board Statement 84, Fiduciary Activities (GASB 84), which requires compliance by June 30, 2021, will create challenges and significantly impact the accounting and reporting requirements of New Jersey school districts.
The Fall edition of PKF Worldwide Tax Update is currently available to those organizations and individuals with business activity outside the United States.
The speed with which cybercrime continues to adapt to new technologies, preventative and resistance measures is matched by the creativity with which today’s criminals create new opportunities to wreak havoc.
The IRS issued its final regulations on the deductibility of meals and entertainment expenses on September 29, 2020.
Conflicts between related parties ‒ whether for divorce, a business break-up, a bankruptcy or an estate challenge ‒ often revolve around finances and a lack of trust between the parties.
The U.S. Small Business Administration (SBA) announced last week that it will be issuing Loan Necessity Questionnaires to Paycheck Protection Program (PPP) Borrowers that, together with their affiliates, received PPP loans with an original principal amount of $2 million or more.
Small businesses continue to navigate through the treacherous waters of economic uncertainty brought on by the COVID-19 pandemic.