Pannell Kerr Forster of Texas PC

Pannell Kerr Forster of Texas, P.C. (PKF Texas) is a Houston-based firm of CPAs and professional advisors focused on delivering solutions to clients at every stage of business.

Pannell Kerr Forster of Texas PC Blogs

Blog Authors

Latest from Pannell Kerr Forster of Texas PC

Many not-for-profits have been too busy trying to stay afloat to put a lot of resources and energy into public relations. But as the new year begins, you might start thinking about how you’ll promote your organization, mission and programming in 2021. Here are five suggestions:…
Jen: This is The PKF Texas Entrepreneur’s Playbook. I’m Jen Lemanski, and I’m back again with Carlos Gomez, an Audit Manager and one of the faces of our PKF Texas Contract Compliance Services team. Carlos, welcome back to the Playbook. Carlos: Hi, Jen. Jen: Can you give me a little bit of background – what is a management or an operational agreement audit? Carlos: What these typically entail is we have a client who…
Your accounting and development departments are central to the continued financial health of your not-for-profit. So what happens when communication between these two functions break down? It could result in conflict between staffers, inaccurate financial statements and, in a worst-case scenario, the forfeiture of grant funds. Here’s how you can encourage collaboration.…
Many not-for-profits experience a flood of last-minute donations at the end of the year. Although cash is easy to value, valuing noncash donations is trickier. If you’re struggling to assign amounts to contributions — either for a donor or your own records — review this cheat sheet.…
The new COVID-19 relief law that was signed on December 27, 2020, contains a multitude of provisions that may affect you. Here are some of the highlights of the Consolidated Appropriations Act, which also contains two other laws: the COVID-related Tax Relief Act (COVIDTRA) and the Taxpayer Certainty and Disaster Tax Relief Act (TCDTR).…
As of January 1, 2021, PKF Texas promoted three Senior Managers to Directors: Nicole Riley, CPA, CFE, Audit Chris Dodd, CPA, Tax Emily Smikal, CPA, Tax Nicole joined the firm in 2014 and leads PKF Texas’ growing not-for-profit practice. She has over 10 years of experience performing financial statement audits and providing consulting services to her clients. Additionally, she frequently speaks on a variety of topics in the marketplace, as well as contributing valuable articles…
Jen: This is the PKF Texas Entrepreneur’s Playbook. I’m Jen Lemanski, and I’m back once again with Kristin Ryan, an Audit Senior Manager and one of the faces of the PKF Texas Employee Benefit Plan audit team. Kristin, welcome back to the Playbook. Kristin: Thank you. Thanks for having me. Jen: Well, with all the M&A activities starting to happen and expected to ramp up, how does that impact benefit plans and sponsors’ and…
If your charity or association depends financially on membership fees, you know that non-renewals are cause for concern. During this time of economic and occupational insecurity, you may be experiencing membership drop-offs and some anxiety about your organization’s future. How can you help retain members and attract new ones to your not-for-profit? By focusing on needs, providing value and prioritizing engagement.…
The fourth 2020 estimated tax payment deadline for individuals is Friday, January 15, 2021. If you’re self-employed and don’t have withholding from paychecks, you probably have to make estimated tax payments. These payments must be sent to the IRS on a quarterly basis. Even if you do have some withholding from paychecks or payments you receive, you may still have to make estimated payments if you receive other types of income such as Social Security,…
PKF Texas is pleased to announce Director, Danielle Supkis Cheek, CPA, CFE, CVA, has been named a 2020 “40 Under 40 in the Accounting Profession” by CPA Practice Advisor. This is the seventh year Danielle has received this recognition. The 40 Under 40 Awards spotlight top practicing public accountants, educators and thought leaders, who are leading their profession by visibly and incrementally changing the accounting through exemplary leadership, innovative thinking, collaborative efforts to provide unity…