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

Latest from Pannell Kerr Forster of Texas PC

https://youtu.be/cfux1mxD_Gk Jen: This is the PKF Texas Entrepreneur’s Playbook. I’m Jen Lemanski, and I’m back once again with Carlos Gomez, an Audit Manager and one of the faces of the PKF Texas Contract Compliance Services team. Carlos, welcome back to the playbook. Carlos: Hey, Jen. Jen: We’ve talked about a whole bunch of different agreements with Contract Compliance Services, and I know you’ve mentioned management operation agreements. Are those kind of the whole agreement…
In some cases, investors have significant related expenses, such as the cost of subscriptions to financial periodicals and clerical expenses. Are they tax deductible? Under the Tax Cut and Jobs Act, these expenses aren’t deductible through 2025 if they’re considered expenses for the production of income. But they are deductible if they’re considered trade or business expenses. (For tax years before 2018, production-of-income expenses were deductible, but were included in miscellaneous itemized deductions, which…
Collective impact initiatives are growing among not-for-profits. Such initiatives are about more than collaboration. They represent the commitment of a group of organizations to a common agenda for solving a specific social problem. This group can include the not-for-profits themselves, government agencies, businesses and constituent communities. Should your not-for-profit participate in collective impact initiatives?…
The Houston Business Journal is hosting the inaugural Middle Market 50 Awards, sponsored by PKF Texas, on Thursday, October 1, 2020 from 2:00 – 3:00 p.m. CST. The awards ceremony will recognize the fastest-growing middle market companies in Greater Houston. On their live production broadcast stage, this virtual event will recognize the 50 public and private companies headquartered within Houston, with an annual revenue of $28 million to $1 billion. The companies are ranked by…
Over the summer, the Securities and Exchange Commission (SEC) voted to adopt amendments to the rules governing proxy solicitations. These amendments are designed to ensure that clients of proxy voting advice businesses have reasonable and timely access to more transparent, accurate and complete information on which to make voting decisions. The amendments will also provide those who use proxy voting advice the ability to make informed voting decisions without imposing undue costs or delays that…
PKF Texas is a proud sponsor of the next virtual event hosted by KCA on September 29, 2020 from 5:00 – 6:30 p.m. CST. The event will feature a keynote discussion from Dan Eberhart, CEO of Canary, LLC. To spice up the virtual event experience, KCA has invested in hiring and collaborating with a TV production company to ensure professional broadcasting and providing audience viewing capabilities.…
https://youtu.be/Z-vXnFsa6zY Jen: This is the PKF Texas Entrepreneur’s Playbook. I’m Jen Lemanski, and I’m back once again with Carlos Gomez, an Audit Manager and one of the faces of the PKF Texas Contract Compliance Services team. Carlos, welcome back the Playbook. Carlos: Thanks, Jen. Jen: So, Carlos, you and I have talked off video about licensing and royalty audits. Are they the same thing? Carlos: They’re just a term that’s synonymous with licensing. Royalties…
As the COVID-19 pandemic continues, various not-for-profit organizations have experienced a decline in charitable contributions from supporters, and Congress responded with a new provision in the Coronavirus Aid, Relief, and Economic Security (CARES) Act – Public Law (P.L.) 116-136. This provision aims to provide relief to charitable organizations. Under Section 2204, the provision allows for “a tax deduction for charitable contributions in 2020 up to $300 for taxpayers who do not itemize their tax deductions.”…
https://youtu.be/MZ-wZV1dKhE 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 the PKF Texas Contract Compliance Services team. Carlos, will come back to the Playbook. Carlos: Thanks, Jen. Jen: Carlos, in previous editions we’ve talked about vendor management audits. What are those and how do those help a company in this type of situation? Carlos: Typically, our…