The Life Cycle of Low-Income Housing Tax Credits (LIHTC) | Part 2 – Development
The LIHTC credits are awarded based on the eligible cost basis of the residential property which has been designated for the set aside.
Brazil’s Transfer Pricing Changes and Impact on U.S. Foreign Tax Credit
The Brazilian government recently issued draft legislation, Provisional Measure 1152 (MP 1152) to align the transfer pricing system in Brazil with the transfer pricing guidelines of The Organization for Economic Cooperation and Development (OECD).
Capital Planning and Financing Considerations for Private Clubs
The private club exists to provide an experience to members. The perceived value of that experience can depend heavily on a club’s capital assets.
Cyber Roundup – January 2023
None of us is safe as individuals or businesses from a cyberattack; however, taking steps before it actually happens can prevent its eventuality.
PKF O’Connor Davies Announces 2023 Partner and Director Promotions
PKF O’Connor Davies, one of the nation’s largest accounting, tax and advisory practices, today announced the promotion of 20 employees to leadership positions within the organization.
2023 Risk Outlook: A Rocky Road Lies Ahead
As we enter 2023, we are facing another year of uncertainty marked by high inflation, the possibility of a recession and the evolving health and safety concerns related to what some call a “triple-demic” with multiple respiratory viruses now in circulation.
Modern Financial Operations for Small Businesses
Small businesses solve daily challenges, including business growth, changing regulations, a tightening labor pool environment and rapidly evolving customer preferences.
PCAOB Proposes New Standard for Audit Confirmations
The Public Company Accounting Oversight Board (PCAOB) recently issued for public comment a proposed new auditing standard, The Auditor’s Use of Confirmation, to replace in its entirety existing AS 2310, The Confirmation Process.
PKF O’Connor Davies Releases 2022 Edition of Dental Practices by the Numbers
PKF O’Connor Davies, one of the nation’s largest accounting, tax and advisory firms, today announced the release of its 2022 Edition of Dental Practices by the Numbers.
IRS Final Regulations: The Affordable Care Act (ACA)
Employers with 50 or more full-time employees (including full-time equivalent employees) in the previous year will be required to file the IRS Forms 1094-C and 1095-C (the Forms) for the 2022 calendar year.
Secure Act 2.0 – First Look at the Changes Affecting Retirement Plans
The long-awaited legislation intended to improve retirement plan savings opportunities for American workers was signed into law on December 29, 2022, as part of the Consolidated Appropriations Act of 2023.
COP 27 Climate Conference – Key Takeaways and Potential Investment Implications
As experienced investors know, significant geopolitical and macroeconomic events are important to understand in calibrating your investment risk strategy for the upcoming year. The recent 27TH Conference of the Parties (COP 27) led to material agreements between the participating nations across various different work streams for the ultimate goal of working together to reduce global warming to 1.5C degrees through the reduction in greenhouse gas emissions.