Insights
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Insights


The IRS issued new rulings on November 18, 2020 in the form of Revenue Ruling 2020-27 and Revenue Procedure 2020-51, announcing guidance on the tax deductibility of expenses related to Paycheck Protection Program (PPP) loans that have not yet been forgiven.

PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, announced today that its internship program was ranked fourth in Vault’s 2021 100 Best Internships List – an increase in the rankings from tenth last year. The Firm received several other high rankings, including #2 in the list of best accounting internships.

The speed with which cybercrime continues to adapt to new technologies, preventative and resistance measures is matched by the creativity with which today’s criminals create new opportunities to wreak havoc.

While organizations continue to adapt their operating practices during the ongoing pandemic and associated recession, it is clear that some of the challenges executives and Boards face are, in fact, significant risks that could result in reputational damage, regulatory compliance failures, fraud as well as financial loss.