Insights
Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions
The Governmental Accounting Standards Board (GASB) issued Statement No. 75, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions.
Tax Advantages of Setting Up a One Person Pension Plan
High income self-employed individuals or corporation owners can save thousands of dollars on income taxes every year by setting up their own pension plan.
Senate Passes Tax Reform Bill
Early morning, December 2, 2017, the Senate passed its version of tax reform legislation after key compromises were made to the Tax Cuts and Jobs Act H.R. 1 which affects all taxpayers.
2017/2018 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.
PKF O’Connor Davies Named to Vault’s 2018 Best Accounting Internships and Best Internship Employee Prospects Lists
Internship program recognized for client interaction, leadership development.
M&A Thoughts
As we near the end of 2017, there are several things that are clear and some others that are not. This year we saw an overall softening of the M&A market.
How Operational Improvements Drive Overall Performance
One time-honored way for an organization to enhance its performance is by improving its operations.
Functional Expense Reporting Gets a Facelift
Changes to not-for-profit financial statements and disclosures, as described in Financial Accounting Standards Board’s (FASB) Accounting Standards Update (ASU) 2016-14, include new requirements for functional expense reporting and additional related note disclosures.
Cyber Roundup – November 2017
Seem like cyber villains are “equal opportunity” predators. Whether you’re an adult or an adolescent, affluent or average — or your business is for-profit, non-profit, publicly-listed or government-related — you personally, or as a member of a group, can be impacted by cyber misdeeds.