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 MOREObtaining Premium Value for Your Company
A strong financial profile is one aspect to achieving premium value for your business. Read more.
PKF O’Connor Davies’ Joseph Ali Wins ‘2022 Young Professional in Family Wealth Award’
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, is proud to announce that Joseph Ali, a Partner in the Firm’s Private Foundations practice, is the recipient of a “2022 Young Professional in Family Wealth Award.”
Focus on Fraud Trends
As part of role in helping organizations prevent, deter and detect fraud, our forensic accounting professionals weigh in on the highlights of the ACFE’s 2022 Report to the Nations (2022 RTN)*.
IRS Releases Tax Inflation Adjustments for Tax Year 2023
Rising inflation is impacting many aspects of the tax code. The IRS recently announced annual inflation adjustments for the 2023 tax year for over 60 tax provisions, including the 2023 standard deductions and IRS tax brackets.
U.S. Entities Must Disclose Ownership Beginning in 2024
In an effort to help prevent tax fraud and other unlawful financing activities, the Financial Crimes Enforcement Network (FinCEN) has issued final rules related to ownership disclosure obligations for U.S. entities. The final rules will be effective January 1, 2024.
FASB Proposal: Improvements to Public Entity Operating Segment Disclosures
The Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) to improve the disclosures about a public entity’s reportable segments by requiring more detailed information about such expenses on an annual and interim basis.
Checks Written Before Death are Includible in Decedent’s Estate
The Tax Court held that the value of checks written prior to but paid after a decedent’s date of death were includible in the decedent’s gross estate.
Can the Finance Industry Deliver on Demand for Faster Closings, More Automation?
One of the contributors answering “Can finance industry deliver on demand for faster closings, more automation?” published on NJBiz, was Roman Matatov, Senior Manager.
DGC, a division of PKF O’Connor Davies Releases 18th Annual Architectural and Engineering Studies
DGC, a division of PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, today announced the release of its 18th Annual Architectural and Engineering Studies.
After Much Confusion, OMB Retains Single Audit Collection by Census Bureau for 2022
The industry was caught off-guard when the Office of Management and Budget (OMB) announced that for Fiscal Year’s that ended in 2022, Single Audits would be collected by the General Service Administration (GSA) rather than the Bureau of Census changing a procedure that has been in place since the advent of Data Collection.
PKF O’Connor Davies’ Dawn Perri Named a ‘Notable HR Leader’ by Crain’s New York Business
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, is proud to announce that Dawn Perri, Partner and the Firm’s Chief Human Resources Officer, has been selected as one of Crain’s New York Business’ “Notable HR Leaders.”
Webinar Replay: Business Succession Strategies for Private Business Owners
Whether under consideration or underway, a business transition presents owners with weighty considerations. Planning is essential to sound succession; the […]