Your 501(c)(7) Private Club: Non-Member Income Generation to Be Separated into Lines of Business
Does your 501(c)(7) private club hold non-member/outside events, and do these events generate a profit for the club? The IRS is now focusing closer on whether or not private clubs are properly calculating the profit and paying income tax.
OMB Issues Guidance for Federal Award Recipients
By Bruce L. Blasnik, CPA, CGMA, Partner The federal Office of Management and Budget (OMB) recently released Memorandum M 20-26, dated […]
Protecting Your Foundation Against Cyber Threats in the Age of Working Remotely
The COVID-19 pandemic caused private foundations to relocate physical offices to a “virtual office” without much preparation. This hasty change […]
PKF North America Redefines Transaction Advisory and Valuation Services with Launch of New PKF Advisory Venture
The North American Board of PKF International, a network of legally independent member firms providing accounting, tax and business advisory […]
SEC Amendments to Improve Financial Disclosures on Acquisitions and Dispositions of Businesses
The Securities and Exchange Commission (SEC) recently voted to amend disclosure requirements for acquisitions and dispositions of businesses. The amendments are intended to improve for investors the financial information about acquired and disposed businesses, facilitate more timely access to capital, and reduce the complexity and cost to prepare the disclosures.
Cyber Roundup – June 2020
While putting together this issue of Cyber Roundup compiling cybersecurity incidents occurring in May 2020, I was brought back to my first personal encounter with a computer virus. I can even give you the date – May 5, 2000 ‒ 20 years ago.
Considerations When Hiring an Outsourced CIO Firm
A popular trend among institutional investors and family offices is to hire an outsourced chief investment office (OCIO) firm to manage their investment portfolio, rather than maintain an internal investment team.
PKF O’Connor Davies Promotes Keith Solomon to Co-Lead Partner of Health Care Practice
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, announced today it has promoted Keith Solomon to serve as Co-Lead Partner of the Firm’s Health Care Practice.
Podcast: Family Office Fire Drill “What If” Scenario Disaster Planning
Following is a podcast of Family Office Fire Drill “What If” Scenario Disaster Planning hosted by the Family Office Association […]
PKF O’Connor Davies Listed Number 13 in Vault Accounting 50 List of Top Accounting Employers in North America
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, announced today it has once again been named to the Vault Accounting 50, a ranking of the 50 best accounting employers to work for in North America.
PKF O’Connor Davies Promotes Jeffrey Gittler to Co-head of Cannabis Practice
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, announced today that it has promoted Jeffrey Gittler to Co-head of the Firm’s Cannabis Practice. Gittler has been instrumental in the successes the group has achieved to date, and his enhanced role reflects the Firm’s ongoing commitment to serve as leaders in providing valuation, audit, accounting and tax solutions in the cannabis sector.
Webcast: Clearing a Path Through the PPP Loan Forgiveness Maze
The Paycheck Protection Program (PPP) Loan Forgiveness Application has finally arrived. It is 11 pages, and has the look and […]