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 MOREPlanning Considerations for Foundations Undergoing Audits in the Coming Months
As a new year brings on a new audit season, foundations that undergo a financial statement audit need to ensure they are properly prepared to enable the process to proceed with minimal issues and disruption to their operations.
Retirement Plan Missing Participants – DOL Guidance (Finally) and Action Plan
A common problem for retirement plan administrators is the maintaining of current contact information of former employees during the period of time when they leave a company to the time they become eligible to receive benefits from the retirement plan.
“To the Victor Go the Spoils” … Tax Reform is Now on the Way
In the Georgia runoff election on January 5th, the Democratic Party finished what it started last November … winning the trifecta of the White House and control of both chambers of Congress.
Webinar Replay: The Evolving Family – How to Protect Your Children and Yourself as Family Dynamics Change
During today’s challenges, family conflict often arises unexpectedly. For those involved in marital disputes or experiencing difficult family issues, finding […]
Tax Issues and Best Practices for Employee Disaster Relief Payments
Over the course of a difficult 2020 and a still uncertain 2021, employers have grappled with how to provide needed support for employees to keep their business going.
PKF O’Connor Davies Announces 5 New Partners
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, announced today that five individuals have been promoted to Partner.
Cyber Roundup – January 2021
Shakespeare’s King Lear said “You will gain nothing if you invest nothing.” Although used in a different context, this excerpt might apply to those businesses that don’t invest (time and money) in safeguarding their IT infrastructure.
Hotel Bad Debts: Are They Always Tax Deductible?
Many hotel companies have a standard operating procedure for calculating allowance for doubtful accounts.
Single Audit Requirements for Provider Relief Funds
…more information, please contact your client service partner or any of the following: Christopher J. McCarthy, CPA Partner Healthcare Practice Co-Leader cmccarthy@pkfod.com Keith A. Solomon, CPA Partner Healthcare Practice Co-Leader ksolomon@pkfod.com Laurie Hafner, CPA Partner lhafner@pkfod.com Dorothea Russo, CPA Partner drusso@pkfod.com Krista Karabel Manager kkarabel@pkfod.com…
2020 Financial Services Accounting and Regulatory Look-Back
The year 2020 brought several important news releases from the Securities and Exchange Commission (SEC) and the American Institute of Certified Public Accountants (AICPA) related to the investment advisor community.
Pension and Health Provisions of the CAA, 2021
As part of our commitment to helping our clients stay informed of changing Employee Benefits issues, we are pleased to provide you with new information and perspectives that were included in the Consolidated Appropriations Act (CAA, 2021).
The SolarWinds Digital Breach and Why It Matters
Over the past few weeks, two company names have dominated the news, SolarWinds and FireEye. If you work in IT or as a security professional, these companies are considered to be household names; however, for the vast majority of senior management teams and boards of directors, this is most likely the first time they are hearing about them.