PKF Advisory News, Publications & Insights
Article - 11/09/2023
IRS Announces New ERC Withdrawal Program
The IRS recently announced on Thursday, October 19th, a new program allowing employers to withdraw Employee Retention Credit (ERC) claims.
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Article - 10/23/2023
FinCEN Publishes Small Entity Compliance Guide and Proposes Time Filing Extensions
Coming January 2024 and will require certain entities to provide information about their beneficial owners by filing a Beneficial Ownership Information (BOI) Report.
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Article - 10/09/2023
Construction Mergers Involve Special Issues Unique to the Industry
Due diligence leading to a merger involving construction companies involves special consideration of issues unique to the industry.
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Article - 09/20/2023
IRS Pauses Processing New ERC Claims, Plans Program for Businesses to Address Improper Claims
The IRS indicated major changes to its processing of the Employee Retention Credit (ERC) effective immediately. In IR-2023-169, the IRS announced that it will stop processing new amended payroll tax returns with ERC claims until “at least” the beginning of 2024 and slow the processing of claims currently in process.
View hereArticle - 09/11/2023
Federal Supplier Climate Risks and Resilience Rule
Regulatory requirements continue to evolve in the sustainability sector and that includes those for organizations doing business with the U.S. Federal Government.
View hereArticle - 08/22/2023
FTC Safeguard Rules Make Data Security a Priority for Many Businesses
Effective June 9, 2023, certain businesses engaged in financial services activities must comply with the Federal Trade Commission’s Standards for Safeguarding Customer Information Rule (Safeguard Rule)...
View hereArticle - 08/08/2023
SEC Adopts Amendments on Cybersecurity Disclosure Rules
On Wednesday, July 26, 2023, the Securities and Exchange Commission (SEC) voted to adopt amendments to its existing rules to enhance and standardize its cybersecurity regulations.
View hereArticle - 07/26/2023
Cyber Roundup – July 2023
If your organization’s cybersecurity is breached, according to a recent Verizon report it will be by one or more of these means: stolen credentials, phishing, and/or vulnerability exploitation.
View hereArticle - 07/20/2023
Non-compete Agreements Can Be Key Negotiation Tools in a Transaction
A carefully crafted non-compete agreement can help a buyer negotiate a better deal, depending on factors such as timeframe and geographic limits, the competitive profile of the company's industry, and the ability and likelihood that the seller would want to compete.
View hereArticle - 07/03/2023
Cyber Roundup – June 2023
Cybersecurity is not an expense; it is a necessary investment ¾ an investment in the continued operations of your company and the trust of those who may rely on you.
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