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 Private Business Owner’s Quick Guide to Creating Value for an Intra-Family Succession Transition
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Anthony DelValle Joins PKF O’Connor Davies as Partner in Real Estate Tax Practice
PKF O’Connor Davies, one of the nation’s largest accounting, tax and advisory practices, today announced that Anthony DelValle, CPA, has joined the organization as Partner in its Real Estate Tax practice.
California Budget Bill Affecting Digital Products and Other Businesses
Governor Gavin Newsom signed Senate Bill 122 (SB 122) as part of California’s 2026–27 Budget Package.
PKF O’Connor Davies Welcomes Denisse Moderski as Partner in State and Local Tax Practice
PKF O’Connor Davies, one of the nation’s largest accounting, tax and advisory practices, today announced that Denisse Moderski, CPA, has joined the organization as a Partner in its State and Local Tax (SALT) practice.
New York Agricultural Tariff Relief: Eligibility and August 11 Application Deadline
Farming has always been an exercise in adapting.
The Certificate Requirement Is Paused. The Liability Is Not.
The Department of War announced, on July 13, 2026, the immediate suspension of CMMC Phase 2.
IRS Introduces Automatic Penalty Relief: What Taxpayers May Be Giving Up
The IRS is introducing a new Automatic Exemption from Penalty (AEP) program that will begin replacing its longstanding First Time Abatement (FTA) administrative penalty relief for eligible returns with original due dates on or after January 1, 2027.
State and Local Tax Update: Massachusetts and Rhode Island Budget Updates
Massachusetts and Rhode Island have enacted budget legislation that significantly affects state conformity with the federal One Big Beautiful Bill Act (OBBBA).
Top Concerns for Today’s NFP Organizations
Many not-for-profit organizations today face increasing hurdles to attain successful and sustained operational growth.
Strengthening Credit Card Controls for NFP Organizations
Our Independent Schools Team recently conducted a study of credit card control risks and best practices across their NFP clients.
Thomas Lemon Joins PKF O’Connor Davies as Partner in Commercial Tax Practice
PKF O’Connor Davies, one of the nation’s largest accounting, tax and advisory practices, today announced that Thomas R. Lemon, CPA, has joined the organization as partner in its Commercial Tax practice.
NYS CHAR500 Compliance Alert: Why GAAP-Compliant Financial Statements Matter
Deviations from GAAP on the financial statements, such as a qualified audit opinion, will not be acceptable to NYS.