Collect Client Insights Effectively While Avoiding Survey Fatigue
PKF Texas Blog
by Jen Lemanski
13h ago
Key Points: To administer productive programs worthy of your not-for-profit’s budget, you need to determine whether they’re meeting clients’ needs. In general, the best way to assess this is by ..read more
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Why Offering Partnership Equity Compensation May Be the Key to Motivating and Retaining Employees
PKF Texas Blog
by Christopher Dodd, CPA
13h ago
Whether business owners are contemplating selling a business, growing a business or taking a step back from the day-to-day operations, the right talent will need to be onboarded and retained ..read more
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IRS Offers Tax Relief for Texas Storm and Flood Victims
PKF Texas Blog
by PKF Texas
2w ago
On Tuesday, May 28, 2024, the IRS announced tax relief for individuals and businesses in Texas affected by severe storms, straight-line winds, tornadoes, and flooding that began on April 26 ..read more
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The Tax Advantages of Including Debt in a C Corporation Capital Structure
PKF Texas Blog
by Martin Euson
2w ago
Key Points Let’s say you plan to use a C corporation to operate a newly acquired business or you have an existing C corporation that needs more capital. You should know that ..read more
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A Three-Step Strategy to Save Tax When Selling Appreciated Vacant Land
PKF Texas Blog
by Christopher Dodd, CPA
3w ago
Key Points Let’s say you own one or more vacant lots. The property has appreciated greatly and you’re ready to sell. Or maybe you have a parcel of appreciated land ..read more
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How Can Nonprofit Board Committees Help Members Prioritize Critical Work?
PKF Texas Blog
by Nicole Riley, CPA, CFE
3w ago
Key Points For many not-for-profit organizations, maintaining a full and active board of directors is challenging. If your board holds frequent meetings, has high attendance expectations and requires members to ..read more
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Revitalizing Nonprofits: Essential Guidelines for Restructuring Success
PKF Texas Blog
by Emily Smikal
1M ago
There are many reasons why a 501(c) tax-exempt organization might consider restructuring. For example, a financially struggling nonprofit might decide to join forces with another organization to cut costs and ..read more
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Protecting Nonprofit Integrity: Strategies to Safeguard Against Fraud Risks
PKF Texas Blog
by Nicole Riley, CPA, CFE
1M ago
According to the Association of Certified Fraud Examiners’ (ACFE’s) Occupational Fraud 2024: A Report to the Nations, not-for-profits suffer roughly half the median loss per fraud scheme of for-profit businesses ..read more
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Taxes When You Sell an Appreciated Vacation Home
PKF Texas Blog
by Renee Kroesch
1M ago
Vacation homes in upscale areas may be worth way more than owners paid for them. That’s great, but what about taxes? Here are three scenarios to illustrate the federal income ..read more
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Bartering Is a Taxable Transaction Even if No Cash Is Exchanged
PKF Texas Blog
by Ryan Yarmolich
1M ago
If your small business is strapped for cash (or likes to save money), you may find it beneficial to barter or trade for goods and services. Bartering isn’t new ..read more
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