The CPA Desk

A Thought Leader Production by PKFTexas

Tag Archives: business planning

Understanding Fraud in International Business

Jen: This is the PKF Texas Entrepreneur’s Playbook. I’m Jen Lemanski, and I’m back again with Danielle Supkis Cheek, a Director at PKF Texas and one of our Certified Fraud Examiners. Danielle, welcome back to the Playbook. Danielle: Thanks for having me. Jen: So, Houston’s an international city—we’ve had Frank Landreneau, one of our international… Continue Reading

How Data Analytics Can Help Solve Your Not-For-Profit’s Challenges

If your not-for-profit wants to improve its budgeting, forecasting, fundraising or other functions but is having a hard time identifying both problems and solutions, data analytics can help. This form of business intelligence is already considered invaluable in the for-profit world. But it can be just as useful to not-for-profits. Informed Decision Making Data analytics… Continue Reading

GILTI Tax – Who it Impacts and Restructure Planning

Jen: This is the PKF Texas Entrepreneur’s Playbook. I’m Jen Lemanski and I’m back again with Frank Landreneau, one of our International Tax Directors. Frank, welcome back to the Playbook. Frank: Thanks, Jen. It’s great to be back. Jen: Last time we talked about the GILTI tax. Remind our viewers, if they didn’t watch last time, what does it stand for? Frank: What GILTI stands for – it’s… Continue Reading

International Middle Market and Foreign (Repatriated) Funds

Jen:  This is the PKF Texas Entrepreneur’s Playbook. I’m Jen Lemsamski, and I’m back with Frank Landreneau, one of our international tax directors. Frank, welcome back to the Playbook. Frank: Well, thanks for having me. I appreciate it. Jen: So, I’ve heard a little bit about a so-called toll or repatriation tax; can you explain… Continue Reading

Metrics to Make the Most of Not-For-Profit Fundraising

The amount of money your not-for-profit raises in fundraising campaigns is meaningful, but so is how efficiently you’re able to raise it. Such costs can be measured using two metrics: Cost ratio and return on investment (ROI). Let’s take a look. Find a Formula These two metrics can be used to evaluate both fundraising activities… Continue Reading

Reconsidering Tax Planning Strategies for International Middle Market

Jen: This is the PKF Texas Entrepreneur’s Playbook. I’m Jen Lemanski, and I’m here today with Frank Landreneau, one of our International Tax Directors. Frank, welcome back to the Playbook. Frank: Well, thanks, Jen. It’s great to be back again. Jen: Last time we talked a little bit about tax reform—how it impacts international businesses—and… Continue Reading

How to Reinforce Ethics in Your Not-For-Profit

Whether it’s in the business, government or not-for-profit sector, ethics seem to be on everyone’s minds these days. To ensure your supporters and community understand your not-for-profit organization’s values and the policies that uphold them, a formal code of ethics is essential. Here’s how to create one. 1. Identify Rules of Conduct You probably already… Continue Reading

TCJA Rule Change Affects Deducting Pass-Through Business Losses

It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by tax law in some situations. The Tax Cuts and Jobs Act (TCJA) further restricts the amount of losses that sole proprietors, partners, S corporation shareholders and, typically, limited liability company (LLC) members can currently deduct… Continue Reading

Get Ahead in the Cloud

“Darn. I need that document, but I’m not at the office.” That’s a phrase that is slowly phasing out. Over the years, the cloud has been on the rise with many people, as well as companies, making the transition to store physical content digitally. In addition to efforts of going paperless, the main appeal of… Continue Reading

Tax and Accounting Tips for Startups

Jen:  This is the PKF Texas Entrepreneur’s Playbook.  I’m Jen Lemanski, this week’s host, and I’m here today with Danielle Supkis Cheek, a director on our Entrepreneurial Advisory Services Team.  Welcome back to the Playbook, Danielle. Danielle:  Thank you. Jen:  So our Entrepreneurial Advisory Services Team tends to work with startups quite a bit, and… Continue Reading

How Revenue Recognition and Lease Standards Can Affect Your Balance Sheet

Jen: This is the PKF Texas Entrepreneur’s Playbook. I’m Jen Lemanski, this week’s host, and I’m here today with Danielle Supkis Cheek, a Director on our Entrepreneurial Advisory Services team. Welcome back to the Playbook, Danielle. Danielle: Thanks. Thanks for having me again. Jen: So, we’ve done a series of accounting pronouncements from several of… Continue Reading

What Businesses Need to Know About Fraud

Jen:  This is the PKF Texas’ Entrepreneur’s Playbook.  I’m Jen Lemanski, this week’s guest host, and I’m here today with Danielle Supkis Cheek, a director and one of our certified fraud examiners.  Danielle, welcome to the Playbook. Danielle:  Thanks, Jen. Jen:  I know the Association of Certified Fraud Examiners just recently released their 2018 report… Continue Reading

What Small Businesses Can do for Tax Document Retention

You may have breathed a sigh of relief after filing your 2017 income tax return (or requesting an extension). But if your office is strewn with reams of paper consisting of years’ worth of tax documents, returns, receipts, canceled checks and other financial records – or your computer desktop is filled with a multitude of… Continue Reading

Can you deduct home office expenses?

Working from home has become commonplace. But just because you have a home office space doesn’t mean you can deduct expenses associated with it. And for 2018, even fewer taxpayers will be eligible for a home office deduction. Changes under the TCJA For employees, home office expenses are a miscellaneous itemized deduction. For 2017, this… Continue Reading