New Connecticut Apprenticeship Tax Credit
To assist Connecticut manufacturers more broadly in obtaining and training a qualified workforce, Connecticut recently expanded its Apprenticeship Tax Credit (ATC) to include S corporations, partnerships and limited liability companies (pass-through entities).
Equity and Inclusion Strategic Plan, Urban Redevelopment Authority of Pittsburgh (URA)
Katherine Patanaude, Senior Manager, considered the equity and inclusion policies and procedures of the City of Pittsburgh’s Urban and Redevelopment Authority (URA) as reported by an outside agency.
Reviewing and Updating Your Gift Acceptance Policy
Over the past several years, there have been many changes in the not-for-profit world, including the types of assets that donors are contributing to organizations.
PKF O’Connor Davies Welcomes Gary W. Higgins as Partner
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, today announced that it has hired Gary Higgins as Partner.
Cyber Roundup – June 2022
You will see below a variety of cyber-criminal pursuits that occurred in a short period including business e-mail compromises, ransomware activity demanding payoffs and malware attacks along with others.
Interest Tracing Rules Can Unlock Tax Benefits
When a taxpayer borrows funds, the deductibility of the related interest expense is determined by how the loan proceeds are ultimately used and not how the loan proceeds are collateralized. These are often referred to as the interest tracing rules.
PKF O’Connor Davies Launches Latin America Desk
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, today announced that it has launched a Latin America Desk.
Webinar Replay: Estate Planning to Take Advantage of Currently High Exemptions
Watch this webinar for an overview of current popular techniques for taking advantage of the high gift/generation-skipping tax (GST) exemptions. […]
IRS Announces New Employee Plan Pre-Examination Compliance Pilot Program
Earlier this month, the IRS announced a new pilot program for pre-examination retirement plan compliance. The program is effective immediately.
M&A Deal Activity Slowed After a Record-Breaking 2021
North American merger and acquisition (M&A) deal volumes slowed down in first quarter 2022 after a record-setting 2021. Year-over-year deal volume decreased 11.5% over first quarter 2021. Deal activity, nevertheless, was still in line with that of the last five years.
The IRS Taxpayer Advocate Service
You often hear a relative or friend describe dealing with the Internal Revenue Service (IRS) as “distressful.” In case you didn’t know, the answer may be to complete Form 911, Request for Taxpayer Advocate Assistance.
Fraud Risk Considerations for Foundations
Fraud can come in many different shapes and forms, and it is vital for foundations to address the fraud risks that are specific to their operations.