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.

2019 Cost of Living Adjustments
November 1, 2018

Plan sponsors should review the cost of living adjustments (COLAs) to determine what, if any, changes need to be communicated to employees via orientation meetings and enrollment forms.

Venture Capital Likes Insurgent Brands
October 29, 2018

Harry’s, Halo Top, Justins, e.l.f. Cosmetics, KeVita – just to name a few. These are smaller brands that have carved out a nice niche for themselves. Just in case you haven’t noticed, insurgent brands have been gaining market share at a fast pace and have proven to be successful investments.

Valuation Considerations When Recording Gifts-in-Kind of Nonfinancial Assets
October 29, 2018

The recording of most transactions by not-for-profit organizations, as prescribed by Generally Accepted Accounting Principles in the United States (U.S. GAAP) and contained as codifications within the FASB Accounting Standards Codification, is based on clearly defined, objective, and measurable valuations.

Opportunity Knocks as Treasury Issues Proposed Income Tax Regulations on Qualified Opportunity Zone Funds
October 24, 2018

The Internal Revenue Service recently issued long awaited proposed regulations along with Revenue Ruling 2018-29 answering many, but not all, of the key unresolved points surrounding investing in qualified opportunity zone funds (QOZFs).

Is GDPR Inhospitable to Hospitality?
October 24, 2018

The EU’s new General Data Protection Regulation, known as GDPR, requires businesses to capture and manage customer data in entirely new and complex ways. It requires that they interact with clients according to very specific and time-consuming requirements and are sensitive to their privacy rights and freedoms. Regardless of where they are headquartered, organizations with EU-based customers or prospects may have to comply.

Consumer Protection Coming to Colleges and Universities: Is Your Institution Ready?
October 15, 2018

As cybersecurity attacks continue to dominate today’s headlines, it was only a matter of time before increased compliance on consumer data protection became a necessity for institutions of higher education.

2018/2019 Year-End Tax Planning Tips
October 11, 2018

As the year comes to a close for some private foundations, there are a number of tax planning tools and year-end measures that we have compiled to help mitigate any excise tax on net investment income and prevent some common pitfalls that could result in other types of excise taxes.

Cyber Roundup – October 2018
October 10, 2018

As we say often, the objective of our Cyber Roundup is to inform our readers of what’s going on in the cyberworld — much like reading alerts about various health threats posted by medical news sites.

Proposed Changes to Government Auditing Standards
October 9, 2018

The U.S. Government Accountability Office (GAO) has proposed changes to Government Auditing Standards (GAS).

Managing Employee Stock Ownership Plan (ESOP) Repurchase Liability
October 2, 2018

Many ESOP corporations are presented with the challenge of maintaining an ESOP over the long-term.

How Organizations Can Reduce or Contain Costs
October 1, 2018

Every organization recognizes the importance of producing and delivering product, services and programs in the most efficient manner possible.

Current Consolidation Guidance for NFPs That Are GPs/LPs in For-Profit Limited Partnerships
September 25, 2018

Recently, we received a number of inquiries from our not-for-profit clients regarding rules requiring consolidation of certain affiliated entities, particularly those surrounding affordable housing.

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