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 MOREHave Your Cake and Eat It Too!
When the rules first came out, it was one or the other – Paycheck Protection Program (PPP) or Employee Retention Credit (ERC).
PKF O’Connor Davies Named a 2021 “Best Firm to Work For” by Accounting Today
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, is proud to announce that it has been named one of the “Best Firms to Work For” by Accounting Today.
M&A Deal Activity Continued to be Robust in Q2 2021
North American M&A deal activity remained strong in Q2 of 2021, following a strong first quarter in 2021 and a record breaking fourth quarter in 2020.
At Last, NYS Issues Guidance on Its New Pass-Through Entity Tax
This week ‒ finally ‒ the New York State Department of Taxation and Finance (Tax Department) issued a Technical Services Memorandum, TSB-M-21(1)C,(1)l, addressing open issues regarding New York’s new pass-through entity tax (PTET).
Self-Dealing – Frequently Asked Questions
Acts of self-dealing come in many forms, and it is vital that foundation managers and board members are mindful of the different types of self-dealing prohibitions and the potential consequences to the foundation and the individuals involved in the act.
Provider Relief Fund Update ‒ Looming September 30, 2021 Reporting Deadline
The CARES Act Provider Relief Fund (PRF) reporting portal has been officially opened and the reporting deadline for any combined PRF funds exceeding $10,000 received within the first reporting period (see table below) is due by September 30, 2021.
American Rescue Plan: Reporting Requirements for Coronavirus State and Local Fiscal Recovery Funds
The U.S. Treasury’s Reporting Requirements and Deadlines Report 1 of the American Rescue Plan Act of 2021 (ARP) for Coronavirus State and Local Fiscal Recovery Funds (SLFRF) is due August 31, 2021
U.S. Supreme Court Rules Donor Disclosure Laws to Be Unconstitutional
Donor transparency versus donor privacy; substantial government interest versus an undue burden. This has been the subject of debate and litigation for nearly a decade.
The Impact of the New Lease Accounting Standard on Private Clubs
After many delays, the implementation date for the new lease accounting standard is right around the corner.
PKF O’Connor Davies Hires Joshua Burgher as Principal
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, announced today it has hired Joshua Burgher to serve as Principal in the Firm’s Management Advisory practice.
Tax Planning Strategies for Selling Your Business – Part 1
One of the best ways to increase and preserve your family’s wealth is smart tax planning.
Cyber Roundup – August 2021
As you may be aware, PKF O’Connor Davies specialists from various disciplines, including our IT consultancy practice, serve as the vCISO (a.k.a. virtual Chief Information Security Officer) for many outside businesses.