Opportunity Knocks as Treasury Issues Proposed Income Tax Regulations on Qualified Opportunity Zone Funds
The Internal Revenue Service recently issued long awaited proposed regulations along with Revenue Ruling 2018-29 answering many, but not all, of the key unresolved points surrounding investing in qualified opportunity zone funds (QOZFs).
Is GDPR Inhospitable to Hospitality?
The EU’s new General Data Protection Regulation, known as GDPR, requires businesses to capture and manage customer data in entirely new and complex ways. It requires that they interact with clients according to very specific and time-consuming requirements and are sensitive to their privacy rights and freedoms. Regardless of where they are headquartered, organizations with EU-based customers or prospects may have to comply.
Consumer Protection Coming to Colleges and Universities: Is Your Institution Ready?
As cybersecurity attacks continue to dominate today’s headlines, it was only a matter of time before increased compliance on consumer data protection became a necessity for institutions of higher education.
2018/2019 Year-End Tax Planning Tips
As the year comes to a close for some private foundations, there are a number of tax planning tools and year-end measures that we have compiled to help mitigate any excise tax on net investment income and prevent some common pitfalls that could result in other types of excise taxes.
Cyber Roundup – October 2018
As we say often, the objective of our Cyber Roundup is to inform our readers of what’s going on in the cyberworld — much like reading alerts about various health threats posted by medical news sites.
Proposed Changes to Government Auditing Standards
The U.S. Government Accountability Office (GAO) has proposed changes to Government Auditing Standards (GAS).
Managing Employee Stock Ownership Plan (ESOP) Repurchase Liability
Many ESOP corporations are presented with the challenge of maintaining an ESOP over the long-term.
How Organizations Can Reduce or Contain Costs
Every organization recognizes the importance of producing and delivering product, services and programs in the most efficient manner possible.
Current Consolidation Guidance for NFPs That Are GPs/LPs in For-Profit Limited Partnerships
Recently, we received a number of inquiries from our not-for-profit clients regarding rules requiring consolidation of certain affiliated entities, particularly those surrounding affordable housing.
Tapping into the Nonprofit Next Generation
Move over, baby boomers. Millennials are officially the largest generation in U.S. history. Here are five things nonprofit leaders should keep in mind to bring millennials on board.
Barbara Bel and Gemma Leddy were recognized by Crain’s New York Business Magazine
Barbara Bel and Gemma Leddy were recognized by Crain’s New York Business Magazine’s 2018 listing of Notable Women in Accounting and Consulting.
PKF O’Connor Davies Shortlisted for 3 Family Wealth Alliance Best in the Industry Awards
Family Office Services Division recognized for family office accounting services, superior client experience, leading multifamily office