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PKF Texas
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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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PKF Texas
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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
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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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PKF Texas
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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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PKF Texas
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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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PKF Texas
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2025-02-12
PKF Texas Promotes Kimberly Henry, CPA, CEPA to Audit Director
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 […]
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PKF Texas
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2025-01-21
New Year, New Look: Elevate Your Nonprofit’s Brand in 2025
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 […]
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PKF Texas
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2025-01-14
How Taxes Impact Your Medicare Premiums
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 […]
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PKF Texas
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2024-12-30
Plan, Prepare, Protect: Keeping Your Nonprofit Event on Track
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 […]
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PKF Texas
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2024-12-12
What Nonprofits Might Expect From the Change of Control in Washington
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. […]
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