Insights
Mandatory Electronic Filing Requirements for Tax-Exempt Organizations
In today’s digital world, tax-exempt organizations should be aware of the electronic filing mandate applicable to information returns and related forms.
Webinar Replay: The New Relief Package
This webinar covers the Consolidated Appropriations Act passed by Congress. For a closer look at how the bill and government […]
National Emergency Declaration: Permits Employers to Provide Tax-Free Financial Assistance to Employees
When the COVID-19 pandemic was declared a national emergency disaster earlier this year, many thought it would be short-lived. Unfortunately, this has not been the case ‒ the pandemic continues with a million additional cases worldwide. On a positive side, there has been vast progress on therapeutics and with a renewed hope in a vaccine, the world may soon begin to transition toward normalcy.
New Stimulus Package: PPP 2.0 and Other Business Relief
The recently introduced and much-anticipated stimulus Bill titled The Consolidated Appropriations Act, 2021 (the Act) has been passed by the Senate and the House of Representatives and is now awaiting signature from the President.
Tax Provisions of New Stimulus Package
On December 21, 2020, the House and Senate passed the 2021 Consolidated Appropriations Act and it now awaits signature from the President.
New York Forward Loan Fund for Small Businesses and Nonprofits
New York State small businesses, nonprofits and small residential landlords are eligible for up to a $100,000 loans under the New York Forward Loan Fund (the Fund).
PKF O’Connor Davies’ Robert Raiola and Scott Edison Join Accelerate Sports Ventures’ NIL360°edu Program
PKF O’Connor Davies, one of the nation’s largest accounting, tax, and advisory firms, announced today that Robert Raiola and Scott […]
The Marijuana Opportunity Reinvestment and Expungement Act (MORE)
Bill H.R. 3884 to decriminalize cannabis was recently passed by the House of Representatives on December 4, 2020.
What to Expect From a Stimulus Bill
The year is quickly drawing to a close, but it is still widely anticipated that Congress will pass a stimulus package before they break for the holidays.
IRS 2020-2021 Priority Guidance Plan – What Foundations Should Know
Each year the Department of the Treasury and the IRS jointly release their Priority Guidance Plan (the Plan) for the upcoming year, the most recent of which was released on November 17, 2020
Don’t Fall for the One-Buyer Trap
Financial buyers deploy significant resources to contact private companies in order to purchase a company below its true market value.
Cyber Roundup – December 2020
If you didn’t realize this before, cyber criminals have unlimited felonious imaginations and unmitigated gall, this issue of Cyber Roundup will certainly confirm that.