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.
LEARN MOREThe IRS Reinterprets the Johnson Amendment: Churches May Now Be Provided an Exception
The recent IRS ruling and its reinterpretation of that Amendment has caused mixed reactions and is now being legally challenged.
Impact of OBBBA on IRS Section 174: Research and Development Expensing
Some of the most important changes in the OBBBA are the updates to the capitalization & amortization requirements of QRE.
State and Local Tax Update: CT, NJ and MA Budgets and CA Pass-Through Entity Tax Changes
Connecticut, New Jersey and Massachusetts budgets and California PTET changes introduce key tax updates.
Favorable Ruling Obtained on State Taxability of Separation Agreement Payments
When careers cross state lines, tax rules often bring surprises — and sometimes, big ones.
IRC Section 179D – Taking Advantage While We Still Can
Architects and engineers designing energy-efficient buildings will soon lose an important tax deduction.
Authentication Coercion
In our last entry, we covered the basics of authentication relay attacks and provided one example where these principles were used to execute a novel attack against a client environment. It should be obvious that execution of a relay attacks starts by gaining access to a set of network credentials.
Updates to Energy Credits Under the OBBBA
Some of the most impactful changes of the One Big Beautiful Bill Act (OBBBA) affect federal energy tax credits.
PKF O’Connor Davies Receives ClearlyRated’s 2025 Best of Accounting Award
PKF O’Connor Davies, one of the nation’s largest accounting, tax, and advisory firms, has once again been honored with ClearlyRated’s 2025 Best of Accounting Award.
CMMC Compliance in 2025: What A&E Firms Must Do to Win — and Keep — Federal Work
Cybersecurity requirements are evolving fast across the federal landscape and A&E firms need to take notice.
OBBBA Enhances IRC 1202 — More Favorable Rules for Exclusions on Gains of QSBS But Does Your Stock Qualify?
It has been over 30 years since IRC Section 1202 was first introduced, which allows taxpayers to claim an exclusion.
Regulatory and Enforcement Pressure Rises in Mexico and Latin America — Is Your Business Ready?
A wave of recent U.S. policy changes is reshaping the operating environment for businesses with ties to Mexico and Latin America.
US HVAC M&A Industry Update – Summer 2025
The HVAC sector’s essential service offerings have helped preserve its attractiveness to investors to date.