PKF Advisory News, Publications & Insights

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.
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Article - 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.
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Article - 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)...
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Article - 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.
View hereArticle - 06/23/2023
The Power and Pitfalls of Multifactor Authentication: How to Safeguard your Business
To date, many of the breaches we read about on a daily basis are the result of passwords being weak and/or the use of a single password across multiple services.
View hereArticle - 06/15/2023
Understanding Carve-Out Deals
In general business terms, a carve-out refers to the process of separating a specific portion or asset of a company from its overall operations. It involves isolating a particular segment, division, or subsidiary and treating it separately from the parent company. This separation can occur for various reasons, such as strategic restructuring, divestiture, or the creation of a new entity.
View hereArticle - 06/15/2023
Cyber Roundup – May 2023
As I was preparing this Cyber Roundup, my iPhone rang with a text from Bizarro World (just joking) stating that my shipment could not be delivered due to an unpaid duty fee (not joking). As I did not order anything nor, sadly, did I expect a gift package, I deemed it a scam. Even if I had a pending order, I would not click on the link provided, but, rather, telephone the vendor.
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