Insights
Updates: Amendments Required for HRAs and Cafeteria Plans and the PCORI Fee
In an earlier Employee Benefit Plans Alert, we provided information on IRS guidance pertaining to Health Reimbursement Arrangements (HRAs) and Cafeteria Plans.
Cyber Roundup – June 2020
While putting together this issue of Cyber Roundup compiling cybersecurity incidents occurring in May 2020, I was brought back to my first personal encounter with a computer virus. I can even give you the date – May 5, 2000 ‒ 20 years ago.
Considerations When Hiring an Outsourced CIO Firm
A popular trend among institutional investors and family offices is to hire an outsourced chief investment office (OCIO) firm to manage their investment portfolio, rather than maintain an internal investment team.
New Bankruptcy Relief Provisions for Small Businesses
Carpentry is a trade that requires a great deal of professional skills. Just about anyone can go shopping and fill a toolbox with a variety of tools.
Does the PPP Flexibility Act Create a 60% Cliff?
While the pending Paycheck Protection Program Flexibility Act of 2020 does increase the amount of funds that can be spent on non-payroll costs from 25 percent to 40 percent, it appears to do so by creating a cliff.
PKF O’Connor Davies Promotes Keith Solomon to Co-Lead Partner of Health Care Practice
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, announced today it has promoted Keith Solomon to serve as Co-Lead Partner of the Firm’s Health Care Practice.
Senate Passes the Paycheck Protection Program Flexibility Act of 2020
The Senate Passed H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020, with a unanimous vote yesterday.
Podcast: Family Office Fire Drill “What If” Scenario Disaster Planning
Following is a podcast of Family Office Fire Drill “What If” Scenario Disaster Planning hosted by the Family Office Association […]
Coronavirus and Nonprofits: Cancellation of Fundraising Events and Membership Dues May Convert to Tax-Deductible Donations
In the wake of the coronavirus (COVID-19) pandemic, charitable organizations around the world have been forced to cancel or postpone their fundraising events.
PKF O’Connor Davies Listed Number 13 in Vault Accounting 50 List of Top Accounting Employers in North America
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, announced today it has once again been named to the Vault Accounting 50, a ranking of the 50 best accounting employers to work for in North America.
House Proposes Changes to Relax PPP Loan Forgiveness Requirements
The House passed a bill late yesterday ‒ with near unanimous bipartisan support ‒ that would make sweeping changes to the Paycheck Protection Program (PPP) loan forgiveness if it becomes law.
PKF O’Connor Davies Promotes Jeffrey Gittler to Co-head of Cannabis Practice
PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax and advisory firms, announced today that it has promoted Jeffrey Gittler to Co-head of the Firm’s Cannabis Practice. Gittler has been instrumental in the successes the group has achieved to date, and his enhanced role reflects the Firm’s ongoing commitment to serve as leaders in providing valuation, audit, accounting and tax solutions in the cannabis sector.