Insights
PKF Investment Banking Closes Majority Sale of Technical Traffic Consultants
PKF Investment Banking (PKFIB), the investment banking affiliate of PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, announced today the sale of its client’s majority ownership in Technical Traffic Consultants Corporation.
The Phase-Out of Bonus Depreciation and Its Effect on Your Business
…Regular deprecation is calculated evenly over a number of years fixed by law for the particular type of item. There are no limits or phase-outs when taking regular deprecation. The option to elect the de minimis safe harbor is also still available to businesses for…
PKF O’Connor Davies Named the Best Accounting Firm in Westchester by 914INC. Magazine’s Best of Business Awards
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, is proud to announce that it has been named the Best Accounting Firm in Westchester by 914INC. Magazine’s Best of Business Awards.
Adding Value to Your Dental Practice
Transitioning a dental practice to a new owner is the most financially advantageous way to be compensated for the value of your practice.
10 Business Strategies to Prepare for a Recession
In an economy plagued by a pandemic, increased government spending and supply chain issues, the threat of a recession is keeping business owners awake at night.
Foreign Currency Guidance Deferred Again
The IRS recently announced that it intends to defer again, by one additional year, the applicability dates of 2016 foreign currency final regulations and related 2019 final regs.
PKF Worldwide Tax Guide for 2022/23
The latest edition of the PKF Worldwide Tax Guide for 2022/23 is now available for download. This annual publication provides […]
PKF O’Connor Davies Welcomes Thomas Manisero as General Counsel and Chief Legal Officer
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, today announced that it has appointed Thomas Manisero as General Counsel and Chief Legal Officer.
ASU 2016-02 and Considerations for Grantmakers
The Financial Accounting Standards Board (FASB) initially issued Accounting Standards Update (ASU) No. 2016-02 on Leases (Topic 842) over six years ago in an effort to increase transparency and bring consistency in the treatment of operating and finance leases.
A Q&A on the Electric Vehicle Tax Credit
The Inflation Reduction Act of 2022 (the Act), recently signed by the President, includes changes to the Plug-in Electric Vehicle Tax Credit (now known as the Clean Vehicle Credit).
Cyber Roundup – August 2022
A published software security flaw, glitch, or weakness found in software will likely be exploited by bad actors within a short time after the vulnerability is discovered and announced.
Who Actually Qualifies for the Employee Retention Credit?
The Employee Retention Credit (ERC) started out as something of a secret. Originally part of the CARES Act, the ERC was limited in 2020 and only available to organizations which did not receive Paycheck Protection Program (PPP) loans.