OMB Issues Compliance Supplement Addendum Governing CARES Funding for Higher Education
The Office of Management and Budget released late last month the much-awaited Compliance Supplement Addendum.
The SolarWinds Digital Breach and Why It Matters
Over the past few weeks, two company names have dominated the news, SolarWinds and FireEye. If you work in IT or as a security professional, these companies are considered to be household names; however, for the vast majority of senior management teams and boards of directors, this is most likely the first time they are hearing about them.
Are We Still in the Golden Age of the Research Tax Credit?
Claiming the Federal Research and Development Tax Credit (Research Credit) has never been more beneficial. As a result, in recent years, many small, middle-market and start-up companies have begun capturing the credit.
PKF O’Connor Davies Welcomes Bonamassa, Maietta & Cartelli, LLP
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, announced today that Bonamassa, Maietta & Cartelli, LLP (BMC), a full-service public accounting firm in New York City, has joined the Firm.
Mandatory Electronic Filing Requirements for Tax-Exempt Organizations
In today’s digital world, tax-exempt organizations should be aware of the electronic filing mandate applicable to information returns and related forms.
Webinar Replay: The New Relief Package
This webinar covers the Consolidated Appropriations Act passed by Congress. For a closer look at how the bill and government […]
National Emergency Declaration: Permits Employers to Provide Tax-Free Financial Assistance to Employees
When the COVID-19 pandemic was declared a national emergency disaster earlier this year, many thought it would be short-lived. Unfortunately, this has not been the case ‒ the pandemic continues with a million additional cases worldwide. On a positive side, there has been vast progress on therapeutics and with a renewed hope in a vaccine, the world may soon begin to transition toward normalcy.
New Stimulus Package: PPP 2.0 and Other Business Relief
The recently introduced and much-anticipated stimulus Bill titled The Consolidated Appropriations Act, 2021 (the Act) has been passed by the Senate and the House of Representatives and is now awaiting signature from the President.
Tax Provisions of New Stimulus Package
On December 21, 2020, the House and Senate passed the 2021 Consolidated Appropriations Act and it now awaits signature from the President.
New York Forward Loan Fund for Small Businesses and Nonprofits
New York State small businesses, nonprofits and small residential landlords are eligible for up to a $100,000 loans under the New York Forward Loan Fund (the Fund).
PKF O’Connor Davies’ Robert Raiola and Scott Edison Join Accelerate Sports Ventures’ NIL360°edu Program
PKF O’Connor Davies, one of the nation’s largest accounting, tax, and advisory firms, announced today that Robert Raiola and Scott […]
The Marijuana Opportunity Reinvestment and Expungement Act (MORE)
Bill H.R. 3884 to decriminalize cannabis was recently passed by the House of Representatives on December 4, 2020.