Connecticut’s Tax Amnesty Program is Open for Enrollment
The Connecticut 2021 Tax Amnesty Program (Amnesty Program) has been launched. It offers taxpayers the opportunity to pay back taxes with a 75% reduction of interest owed, an elimination of civil penalties, and an elimination of any potential criminal prosecution.
Employee Retention Credit to End Earlier Than Expected
The House of Representatives passed the Infrastructure Investment and Jobs Act (Act) on November 5, 2021.
Cyber Roundup – November 2021
As you will see from this month’s Cyber Roundup, each day bad actors hack systems in industries that range from media to candy companies.
Webinar Replay: Crossing Borders? Business Person’s TAX Guide to Doing Business in the U.S. and the UK
This webinar shared information to learn more about international tax related and practical matters for entities and investors expanding from […]
Build Back Better ‒ The Current Landscape of Tax Reform
This edition of Tax Notes contains a summary of the significant tax aspects of the Bill currently before the House of Representatives.
PKF O’Connor Davies Relocates New York City Office
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, is excited to announce the new location of its New York City office, opening at 245 Park Avenue.
2022 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.
IRS Issues New Tougher Requirements for Federal Research Credit Refund Claims
The IRS continually includes the Federal Research Credit in the “Dirty Dozen” annual list of scams and other abusive arrangements.
IRS Employee Plans Compliance Resolution System (EPCRS) Correction Program
The IRS Employee Plans Compliance Resolution System (EPCRS) permits retirement plan sponsors to correct certain plan failures so they can continue to provide their employees with retirement benefits on a tax-favored basis.
PKF O’Connor Davies Welcomes Mike Hayes as New England Financial Services Leader
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, is excited to announce that Mike Hayes has joined the Firm as its New England Financial Services Leader.
Massachusetts Enacts a Pass-Through Entity Tax
The legislation, originally passed in July, was vetoed by the governor in an effort to increase the refundable tax credit percentage.
Considerations for Director Recommended Grants
In this bulletin, we address certain items that foundations and foundation managers should consider as well as some best practices to follow when it comes to director recommended grants.