PKF North America News

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

HOUSTON – February 12, 2025– Pannell Kerr Forster of Texas, P.C. (PKF Texas) is pleased to announce the promotion of Kimberly Henry, CPA, CEPA to Audit Director. This promotion was […]

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.

A recent report by Abernathy Daley 401k Consultants found that over 80% of companies with 100 or more employees are overpaying on administrative fees for 401(k) and 403(b) plans. While there have been opportunities over the past three years for companies to reduce fees, the report shows that many employers have not taken the time … Continued The post Study Finds Employers are Overpaying on Retirement Plan Fees first appeared on JLK Rosenberger.

JLK Rosenberger, a leading accounting firm, announced today that they have won the Best of Accounting Award for providing superior service to their clients. ClearlyRated’s Best of Accounting® Award winners have proven to be industry leaders in service quality based entirely on ratings provided by their clients. On average, clients of 2025 Best of Accounting winners are 1.6 times … Continued The post JLK Rosenberger Wins 2025 Best of Accounting Award first appeared on JLK Rosenberger.

Reading Time: 5 minutes 45 seconds No doubt, the victims of Southern California’s wildfires of January 2025 are still catching their breath and trying to envision how they will rebuild their lives after the loss of homes, businesses and communities. Inevitably, some will make the difficult decision not to rebuild and will move on. For … Continued The post For California Wildfire Victims, a 1033 Exchange Offers Flexibility and Tax Benefits first appeared on JLK Rosenberger.

As a network that is committed to supporting our people achieve their potential, we’re delighted to announce a raft of partner and director promotions within the PKF Global family.

In the complex landscape of mergers and acquisitions (M&A), purchase price allocation (PPA) plays a pivotal role when a transaction qualifies as a business combination. It is a critical accounting process that involves allocating the purchase price of an acquired company into its various components, including tangible and intangible assets, and liabilities. This allocation is … Continued The post Understanding Purchase Price Allocation in Mergers and Acquisitions first appeared on JLK Rosenberger.

Reading Time: 3 minutes The IRS recently published the draft version of IRS Form 6765 for filing the R&D Tax Credit. The original draft form included additional information to submit when filing original tax returns. The revised draft appears to incorporate several of the comments received and is designed to reduce taxpayer burden and optimize … Continued The post Changes to Claiming the R&D Tax Credit on Original Returns first appeared on JLK Rosenberger.

Welcome to our 2025 California Construction Industry Forecast. The data in this report is obtained through our non-exclusive license with Construct Connect, one of the largest construction data providers in the U.S., and our own proprietary research and internal data. 2025 looks to be another strong year for the California Construction Industry, and according to … Continued The post 2025 California Construction Industry Forecast first appeared on JLK Rosenberger.

The U.S. Supreme Court on Thursday, January 23, 2025, lifted an injunction that had put on hold a federal anti-money laundering law – the Corporate Transparency Act (CTA) – as a legal challenge proceeds in a lower court. However, because there are multiple legal challenges moving through the courts, there is still an injunction in … Continued The post BOI reports remain voluntary despite Supreme Court action first appeared on JLK Rosenberger.

Key Points: If your not-for-profit wants to make an organization-wide New Year’s resolution for 2025, how about this: Strengthen our brand. Although branding strategies usually are associated with the for-profit […]

Key Points: Medicare health insurance premiums can add up to big bucks — especially if you’re upper-income, married, and you and your spouse both pay premiums. Read on to understand […]

Your not-for-profit organization likely has at least one special event planned for 2025. Whether it’s a formal dinner dance, holiday gift market, 5K run, industry conference or other type of […]

Key Points: The reelection of Donald Trump as President and control of the U.S. Congress by Republicans are anticipated to usher in changes that could financially impact the not-for-profit sector. […]

Key Points: Believe it or not, there are ways to collect tax-free income and gains. Here are some of the best opportunities to put money in your pocket without current […]

Key Points: 1. Evaluate whether to take the standard deduction or itemize for 2024, considering changes to deduction thresholds. 2. Use bunching strategies to maximize deductions, especially for medical expenses […]

Key Points: The SECURE 2.0 Act made some enhancements to IRA qualified charitable distributions (QCDs) that may benefit your not-for-profit organization — so long as donors know about them. You can […]