By James K. O’Connor On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (The Act) after its passage by both the Senate and House. The majority of the revenue-raising tax changes will only affect very large businesses, so most businesses and…
James O’Connor
3 Articles
James K. O’Connor, CPA is a Tax Partner with Rivero, Gordimer & Company P.A. Jim has extensive background and experience in not-for-profit and the technology industry. Working with various tax-exempt entities, he has dealt with many topics including private inurement, unrelated business income and proper reporting on information returns. He is also the Chairman of the Technology Committee.
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James O’Connor
5 Min Read
Three opinions that I have accepted as fact for as long as I can remember: The Earth is round. Beer is good. It’s ALWAYS best to be a passthrough entity for tax purposes. While I don’t want to get into a Flat Earth debate or…
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James O’Connor
3 Min Read
The Tax Cuts and Jobs Act (the “Act”) was signed into law on December 22, 2017. The Act was the most comprehensive overhaul of the U.S. tax code in over thirty years, and the Nonprofit community is especially concerned with how certain provisions, mainly the significant…
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