The CPA Desk

A Thought Leader Production by PKFTexas

The CPA Desk, published by Pannell Kerr Forster of Texas PC, focuses on accounting and financial topics relevant to businesses and not-for-profit organizations. It covers fiduciary responsibilities and governance for nonprofit boards, tax considerations for individuals relocating or retiring, and best practices for financial due diligence in business transactions. The blog also addresses issues related to donation management and refund policies for nonprofits, as well as retirement planning topics such as participation in employer 401(k) plans. The content aims to provide practical guidance on financial management, tax planning, and compliance matters for organizations and individuals in Texas and beyond.

Jen: This is the PKF Texas – Entrepreneur’s Playbook®. I’m Jen Lemanski, and I’m here with Chris Hatten and Kimberly Wood, both members of our transaction advisory services team. Y’all, welcome to the Playbook.

Chris: We appreciate it.

Kimberly:

Return requests generally are rare, but occasionally donors may ask your not-for-profit to return donations they’ve gifted. Are you required to comply? What if you’ve already spent the money?

Such requests raise many difficult questions — and even the answers

If your business is depreciating over a 30-year period the entire cost of constructing the building that houses your operation, you should consider a cost segregation study. It might allow you to accelerate depreciation deductions on certain items, thereby reducing

The Greater Houston Women Chamber of Commerce is hosting its annual “Women in the Fast Lane” event celebrating Houston’s leading executive women and men and entrepreneurs in STEAM careers. The event will feature a unique runway style show and shopping,