Insights
PKF O’Connor Davies Honored with 2018 Age Smart Employer Award
Firm among 6 Organizations in New York City Recognized for Policies that Support Older Workers.
Robert Raiola’s article, “Jimmy Garoppolo Will Earn More From Super Bowl 52 Than Tom Brady. Really” featured on www.si.com
If its Super Bowl time, then there must be insight from the @sportstaxman
The Carried Interest Battleground Now Moves to the State Level
President Trump signed the Tax Cuts and Jobs Act of 2017 into law on December 22, 2017. A collective sigh of relief could be heard across the investment management community as the worst fear of investment managers apparently had not materialized: the carried interest had survived.
Audit Responsibilities: A Refresher for Board Members
As we begin the new year, it might be a good time to review requirements and best practices for board members as they relate to their organization’s annual audit.
Proposed Amendments to Impending Implementation of Changes to Accounting for Leases (Topic 842)
The Financial Accounting Standards Board (FASB or Board) recently proposed two amendments to improve Accounting Standards Update No. 2016-02, Leases (Topic 842).
Expanded PBGC Program to Locate Lost Defined Contribution Plan Participants
On December 22, 2017, the Pension Benefit Guaranty Corporation (PBGC) issued final regulations permitting the expansion of its existing Missing Participants Program (the “Program”) to include defined contribution (DC) plans.
IRS Voluntary Correction Program (VCP) User Fee Changes Effective in 2018
Effective January 2, 2018, the Internal Revenue Service (IRS) simplified the user fees charged for most submissions made under the Voluntary Correction Program (VCP).
IRS Begins Issuing Penalty Letters to Employers Who Fail to Comply with ACA Reporting Requirements
The Internal Revenue Service (IRS) has begun sending letters to employers notifying them that they may be subject to penalties for failure to comply with the employer mandate provisions of the Affordable Care Act (ACA).
Federal Tax Reform: Impact on Tax-Exempt Organizations and Their Donors
The President signed the Tax Cuts and Jobs Act (TCJA) into law on December 22, 2017. The final law contained provisions from the competing bills proposed by the House and Senate.
Summary of IRS Examinations of Retirement Plans
During 2017, the Employee Benefit Service Group Practice of PKF O’Connor Davies, LLP represented a number of plans that had been selected for examination by the Internal Revenue Service (IRS).
Federal Tax Reform: Impact on Tax-Exempt Organizations and Their Donors
The President signed the Tax Cuts and Jobs Act (TCJA) into law on December 22, 2017.
PKF O’Connor Davies Announces 2018 Partner Class
Joseph Ali, John Apisa, Alexander Buchholz, Michael Ruggiero and Karen Taylor-Burke Join Firm Leadership Team