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 MOREPKF O’Connor Davies Hires James Cassidy to Serve as Tax Director
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, announced today it has hired James (JJ) Cassidy to serve as Tax Director in the Firm’s New York City office.
Why Are So Many Companies Missing Increased Research Credit Opportunities?
Those in the businesses of pharmaceuticals, software, and chemicals seem to know that the federal research tax credit is available to their industries. They know that state research credits are available too
IRS Targets High-Net-Worth Individuals & Closely-Held Businesses
Federal and state tax authorities are swiftly pursuing three categories of taxpayers: sole proprietors, closely-held businesses (five or fewer owners) and high-net-worth individuals.
FASB Deliberates Changes to Reporting for Gifts-in-Kind
The Financial Accounting Standards Board (FASB or Board) discussed at its November 6, 2019 meeting its project on not-for-profit reporting of gifts-in-kind (GIKs).
Cyber Roundup – December 2019
The 21st century holiday Grinch is now a “smart” TV (or any other “smart” household product) nosing into your family’s privacy.
PKF O’Connor Davies Appoints Thomas Blaney to Regional Head of New England
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, announced today it has appointed Thomas Blaney to Regional Head of New England.
Opportunity Zone Funds: Time Sensitive Planning
After a somewhat slow start after enactment of the Tax Cuts and Jobs Act (TCJA) late in 2017, investment into Opportunity Zone Funds has grown from a trickle into a torrent.
Here We Go Again: Proposed Private Foundation Excise Tax Simplification Act of 2019
In recent weeks, a bill was introduced in the House of Representatives entitled Private Foundation Excise Tax Simplification Act of 2019 (the Bill).
PKF O’Connor Davies Hires Steven J. Eller as Partner
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, announced today it has hired Steven […]
Cyber Roundup – November 2019
Although October was designated by the U.S. Department of Homeland Security as National Cybersecurity Awareness Month, that didn’t stop any of the cybercriminals last month from doing what they do best – key logging, ransoming, hacking, phishing, etc.
2020 Cost of Living Adjustments
Plan sponsors should review the cost of living adjustments (COLAs) to determine what, if any, changes need to be communicated to employees by means of orientation meetings and enrollment forms.
Charitable Contribution Substantiation Requirements
It is not uncommon for family offices and individual tax clients to create best practices related to various types of tax preparation support and document retention.