Insights
Vendor Tax Compliance: What You Need To Know
We recently received an increasing number of inquiries regarding tax compliance with respect to payments to vendors — and, especially, foreign vendors.
PKF O’Connor Davies Recognized as Top-Ranked Accounting Employer to Work for in North America by Vault Accounting 50
Firm jumps 20 spots to break into top 25, achieves high marks for quality of life and diversity
SEC Responds to No-Action Relief from the Custody Rule for Advisers with SLOAs
By now, advisers and others within the investment community are familiar to some degree with the amendments to Rule 206(4)-2 under the Investment Advisers Act of 1940 (the “Custody Rule” or the “Rule”).
New York Combined Return Rules Begin to Gain Clarity
In the last 30 years, perhaps the most contentious New York corporate tax issue centered on which entities should be included in a New York combined return.
The Five Pillars of Family Office Success
By Gemma Leddy, CPA Anyone close to the family office world knows the operational landscape has changed dramatically over the last […]
Due Diligence: Four Questions to Make Smarter Acquisitions
Private equity firms, lenders, lawyers and other interested parties conduct due diligence to kick the tires on a potential transaction or target acquisition.
PKF O’Connor Davies Names Industry Veteran its Head of Business Development in Hudson Valley, New York
Partner Thomas P. Kennedy brings decades of experience serving Hudson Valley through professional career and community involvement.
PKF O’Connor Davies Named ‘Tax Advice’ Award Winner by Family Wealth Report
Industry honor recognizes Family Office Division for excellence in private client category at FWR Awards 2017.
990-PF: Avoiding Some Common Pitfalls
With the closing of the calendar year, the focus of many private foundations shifts toward the planning and preparation of Form 990-PF, Return of Private Foundation.
Guidelines for Substantiating Hardship Distributions from a 401(k) Plan
According to current guidelines, 401(k) plans may provide that an employee can receive a distribution of his or her elective contributions due to a financial hardship arising from certain events such as medical bills, tuition payments or purchase of a principal residence.
IRS to Issue Advisory and Opinion Letters for 403(b) Plans
According to the IRS, opinion and advisory letters (i.e., for prototype and volume submitter type of plans, respectively) are expected to be issued for 403(b) plans in the second quarter of 2017.