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Should You Keep or Discard Your Tax Records?
PKF Texas - 2025-04-21

Should You Keep or Discard Your Tax Records?

Knowing how long to retain your tax records is essential for staying compliant with IRS regulations. Holding onto documents for too long may create unnecessary clutter, while disposing of them […]

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3 Profit-Boosting Strategies for Small to Mid-Sized Businesses
PKF Texas - 2025-04-17

3 Profit-Boosting Strategies for Small to Mid-Sized Businesses

In this PKF Texas – Entrepreneurs Playbook® episode, Jen Lemanski sits with Jamie Matte, CPA, Business Advisory Director and one of our Approachable Advisor®, to discuss practical profit enhancement strategies […]

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New IRS Guidance on ERC Brings Flexibility and Relief to Taxpayers
JLK Rosenberger LLP - 2025-04-17

New IRS Guidance on ERC Brings Flexibility and Relief to Taxpayers

Reading time: 2 minutes 30 seconds The IRS recently issued new guidance on accounting rules for the Employee Retention Credit (ERC) that will provide relief and new options for taxpayers whose refunds for ERC claims were either significantly delayed or disallowed. Key guidance Most notable is that the new guidance allows taxpayers to apply the … Continued The post New IRS Guidance on ERC Brings Flexibility and Relief to Taxpayers first appeared on JLK Rosenberger.

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Understanding Self-Dealing for Private Foundations
PKF Texas - 2025-04-09

Understanding Self-Dealing for Private Foundations

In this episode of PKF Texas – The Entrepreneur’s Playbook®, Jen Lemanski sits down with Fatima Chase, Senior Tax Manager and one of the Approachable Advisors® on our Not-for-Profit team, […]

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PKF Texas - 2025-04-02

CECL Reporting for Nonprofits: Key Updates & Compliance Tips

Key Points: The Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) No. 2016-13 seems like it would be old news. But the provision for accounting for current expected credit loss […]

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JLK Rosenberger LLP - 2025-04-02

How Construction Companies Can Increase Bonding Capacity

Reading Time: 3 minutes 40 seconds Driving growth and profitability means leveraging opportunities when they arise. This often means submitting proposals for larger and more complex projects in the construction industry. However, larger opportunities frequently require contractors to have the proper bonding capacity. Bonds provide project owners with assurance that the contractor has both financial … Continued The post How Construction Companies Can Increase Bonding Capacity first appeared on JLK Rosenberger.

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PKF Texas - 2025-03-31

How Nonprofits Can Use the Form 990 to Attract Donors

Did you know the Form 990 isn’t just for IRS compliance? It’s a powerful storytelling tool that can help nonprofits highlight their impact and attract donors. In this episode of […]

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JLK Rosenberger LLP - 2025-03-28

The Complex Role of Contingent Consideration in M&A Transactions

Reading Time: 3 minutes 45 seconds In mergers and acquisitions (M&A), contingent consideration is a mechanism used to bridge valuation gaps between buyers and sellers. It involves additional payments made by the buyer to the seller based on the future performance of the acquired business. This approach aligns the interests of both parties and mitigates … Continued The post The Complex Role of Contingent Consideration in M&A Transactions first appeared on JLK Rosenberger.

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PKF Texas - 2025-03-26

Is Your Nonprofit’s Cybersecurity Strong Enough? Put It to the Test

Key Points: At least 68% of not-for-profits experienced one or more data breaches between 2021 and 2023, according to the CyberPeace Institute. Already in 2025, several nonprofits, including health care, […]

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PKF Texas - 2025-03-24

Unrelated Business Income for Nonprofits: What You Need to Know

Unrelated Business Income (UBI) is still a critical consideration for nonprofits—but how does it impact different organizations? In this episode of Entrepreneurs Playbook, PKF Texas’ Fatima Chase, CPA, Senior Tax […]

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PKF International News - 2025-03-14

PKF Global welcomes new member firm in Ethiopia

We’re proud to welcome PKF Ethiopia as a new member of the PKF Global network, expanding our presence in East Africa.

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PKF Texas - 2025-03-12

IRS Increases 2025 Standard Mileage Rate to 70 Cents Per Mile

Key Points: The nationwide price of gas is slightly higher than it was a year ago and the 2025 optional standard mileage rate used to calculate the deductible cost of […]

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JLK Rosenberger LLP - 2025-03-06

The BOI FinCEN Soap Opera: A Confusing Legal Affair—Not a Tax Issue

Reading time: 1 minute 30 seconds We’re attempting to bring humor to the humorless Beneficial Ownership Information (BOI) reporting drama. Enjoy this hot take from our very own Rob Flowers, Tax Director. The recent BOI FinCen reporting soap opera is confusing! On again, off again, it’s akin to a middle school relationship wrought with frustration … Continued The post The BOI FinCEN Soap Opera: A Confusing Legal Affair—Not a Tax Issue first appeared on JLK Rosenberger.

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JLK Rosenberger LLP - 2025-03-04

Karsten & Company Joins JLK Rosenberger, Expanding Outsourced Accounting and Advisory Capabilities for Insurers

JLK Rosenberger welcomes Karsten & Company, PLLC, to the firm effective March 1, 2025. The addition expands JLK Rosenberger’s ability to help insurers navigate the accounting, regulatory, and business challenges they face and increases the firm’s team of hands-on, problem-solving professionals. Bill Rosenberger, Partner-in-Charge of the firm’s insurance practice, said, “We are thrilled to welcome … Continued The post Karsten & Company Joins JLK Rosenberger, Expanding Outsourced Accounting and Advisory Capabilities for Insurers first appeared on JLK Rosenberger.

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JLK Rosenberger LLP - 2025-03-04

Retirement Plan Options for California Construction Companies

Reading time: 3 minutes Offering a retirement plan is a strategic move for construction companies looking to attract and retain skilled workers. According to a recent study, the construction industry will need 439,000 net new workers in 2025 to meet demand, yet 94% report difficulty finding workers. With ongoing labor shortages, competitive benefits can make … Continued The post Retirement Plan Options for California Construction Companies first appeared on JLK Rosenberger.

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JLK Rosenberger LLP - 2025-02-25

Get Ready for Tax Season: Essential Steps to Simplify Your Filing Process

Reading time: 6 minutes It is that time of year when you receive envelopes marked “Important Tax Document Enclosed.” You think to yourself, “It can’t be that time already since I just finished last year’s taxes!” But, as they say, time flies and tax season is upon us again. You may have just received an … Continued The post Get Ready for Tax Season: Essential Steps to Simplify Your Filing Process first appeared on JLK Rosenberger.

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PKF Texas - 2025-02-25

How to Build Operating Reserves to Protect Your Nonprofit in a Financial Crisis

Key Points: You never know when your not-for-profit might experience a financial blow. With the current efforts in Washington to slash expenses, some nonprofits have already lost federal funding and […]

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JLK Rosenberger LLP - 2025-02-25

Chinese Businesses See Opportunity in U.S. Operations

Attracted by one of the largest markets in the world, Chinese companies have been increasing investments in the U.S. significantly since 2009, in many cases establishing subsidiaries or starting new businesses on American soil. But bringing investment, technology and jobs to the U.S. is a complicated undertaking, fraught with state and federal laws and regulations … Continued The post Chinese Businesses See Opportunity in U.S. Operations first appeared on JLK Rosenberger.

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JLK Rosenberger LLP - 2025-02-20

Government Sets March 21, 2025, as New BOI Reporting Deadline as Injunctions are Lifted

Reading time: 1 minute, 30 seconds The last remaining court injunction that prevented enforcement of the Beneficial Ownership Information (BOI) reporting requirement for small businesses was lifted this week by the U.S. District Court for the Eastern District of Texas. The court’s action on February 18, 2025, clears the way for the U.S. Treasury Department … Continued The post Government Sets March 21, 2025, as New BOI Reporting Deadline as Injunctions are Lifted first appeared on JLK Rosenberger.

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PKF Texas - 2025-02-19

Boost Your 401(k) Game in 2025: Smarter Saving for a Brighter Future

Key Points: Saving for retirement is a crucial financial goal and a 401(k) plan is one of the most effective tools for achieving it. If your employer offers a 401(k) […]

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JLK Rosenberger LLP - 2025-02-18

Start Preparing for Mandatory Section G Reporting for 2025

Section G on Form 6765 is optional for all taxpayers for 2024 but will be mandatory for certain taxpayers beginning for tax year 2025. The newly released Form 6765 instructions provide additional guidance for this section. JLKR breaks these requirements down below. Who will Section G apply to? Taxpayers that are not an eligible Qualified … Continued The post Start Preparing for Mandatory Section G Reporting for 2025 first appeared on JLK Rosenberger.

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PKF International News - 2025-02-14

PKF Global welcomes new member firm in the US

We’re delighted to welcome Plenus Tax & Accounting LLC to our global network.

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PKF International News - 2025-02-10

PKF Global announces new member firm in Costa Rica

We are proud to welcome PKF JC & Asociados as a new member of the PKF Global network, strengthening our presence and coverage across Latin America.

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