Insights
Tax-Based “Snapshots” Throughout the Year
Taxpayers with passive and/or investment income often struggle to accurately assess their quarterly estimated tax filing and payment obligations for both federal and state income tax purposes.
Update: NYC’s Paid Safe and Sick Leave Law
The New York City Office of Labor Policy and Standards recently issued amendments to NYC’s Paid Safe and Sick Leave Law.
Webinar Replay: 13th Annual Private Foundations Executive Symposium
Join us for an exploration of the major issues foundations will face in the coming year, chief among them the […]
New IRS Forms: 1099-NEC and 1099-MISC
The IRS has released a new form for 2020 ‒ Form 1099-NEC to be used to report payments for nonemployee compensation which were previously reported using Form 1099-MISC, Box 7, Nonemployee Compensation (NEC).
Webinar Replay: Executive Forum on Year-End Tax Planning
Our tax specialists explore strategies for addressing year-end income, gift and estate tax planning as well as CARES Act-related tax […]
IRS Marijuana Industry Webpage – A Summary of the Tax Rules
When the first medical cannabis dispensaries began to proliferate in California in the mid-1990s, legalization proponents were excited by the prospect for further developments in this young promising industry.
Strategic Growth Amid Increasing Complexity – The New CFO Playbook
The role of the Chief Financial Officer (CFO) is changing. CFOs face a new mandate to drive strategic growth across increasingly complex organizations.
Video Replay: Why Joe Ali Wears the Volunteer NY! Hat
Joseph L. Ali, partner with PKF O’Connor Davies and Board Vice Chair for Volunteer NY! speaks on why he wears […]
Data in Hospitality: Are You Keeping Up?
In today’s fast paced world, organizations in the hospitality industry face an ever-growing need to adapt quickly to technology.
Rhode Island is on Pause – New Grant Program to Help Sustain Businesses
By Jean Saylor, CPA, Partner last week, Governor Raimondo announced a pause for certain businesses to take effect November 30, 2020. […]
What New Jersey School Districts Need to Know About GASB 84
The implementation of Governmental Accounting Standards Board Statement 84, Fiduciary Activities (GASB 84), which requires compliance by June 30, 2021, will create challenges and significantly impact the accounting and reporting requirements of New Jersey school districts.
Business Insurance: What Does Your Private Foundation Need?
We are often asked by both newly formed and well-established private foundations, “Why do we need Directors and Officers insurance as well as other types of insurance.”