Opportunity Zone Funds: Family Office, Private Equity and Venture Capital Structuring Considerations
The recently enacted Opportunity Zone (OZ) legislation provides for two independent approaches to the basic investment proposition: ownership of OZ fixed assets (typically real estate) versus ownership of operating businesses located in the subject zones.
A strong internal control system is important to charter schools for many reasons.
Over the years, PKF O’Connor Davies has striven to remain at the forefront of financial solutions for our global as well as domestic family office (FO) clients.
Robert Raiola — @thesportstaxman — was published this weekend on Fox Business online. See his article Bryce Harper’s Phillies deal […]
That’s a good question, and one that affects tens of thousands of taxpayers for the 2018 filing year. Included in the Tax Cuts and Jobs Creation Act of 2017 is a deduction for up to 20% of income generated from a qualified business.
As many colleges, universities and their related foundations gear up to implement Accounting Standards Update (ASU) 2016-14 – Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities, one thing has become clear: liquidity is now a significant new disclosure which deserves important consideration.
Over the past two years, we have noted a significant increase in interest among our clients in transforming their accounting and financial functions into high-performing units.
The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities (NFPs).
Everyone seems to be talking about Opportunity Zones these days and understandably so. Not only does the new legislation provide for the deferral and partial forgiveness of tax on capital gain income from any source, it also allows for investment of those gains to grow tax free if held for a minimum of ten years.