If you have a life insurance policy, you probably want to make sure that the life insurance benefits your family will receive after your death won’t be included in your estate. That way, the benefits won’t be subject to the federal estate tax.

Under the estate tax rules, life insurance will be included in your taxable estate if either:

  • Your estate is the beneficiary of the insurance proceeds, or
  • You possessed certain economic ownership rights (called “incidents of ownership”) in the policy at your death (or within three years of your death).


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As trusted business advisors, we enjoy working with you to co-create ideas and co-develop innovative solutions for your business. To supplement this, we also want to provide valuable information, including upcoming Houston events that we support, and think may be of interest to you.

  • Greater Houston Partnership
  • Turnaround Management Association
  • National Association of Corporate Directors – M&A Panel
  • BioHouston
  • Client Exclusive – Employee Benefit Plan Seminar
  • National Association of Corporate Directors – Risk Management Panel

If you have questions about any event details or registration information, the organization-specific contacts are below. We hope to see you at any or all of these Houston events!


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professional headshot of Danielle Supkis Cheek, a brunette woman wearing glasses with her hair pulled back smiling at the cameraWe have more exciting news! One of our Directors, Danielle Supkis Cheek, CPA, CFE, CVA, has been named a “40 Under 40” by CPA Practice Advisor. This is her sixth time receiving recognition for this award.

The 40 Under 40 Awards spotlight top practicing public accountants, educators and thought leaders, who are leading their

Entrepreneurs are often unaware that many expenses incurred by start-ups can’t be deducted right away. You should be aware that the way you handle some of your initial expenses can make a large difference in your tax bill.

Have you recently started a new business? Or are you contemplating starting one? Launching a new venture is a hectic, exciting time. And as you know, before you even open the doors, you generally have to spend a lot of money. You may have to train workers and pay for rent, utilities, marketing and more.


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Jen: This is the PKF Texas Entrepreneur’s Playbook. I’m Jen Lemanski, and I’m coming to you from the Gulf Coast Regional Family Forum. With me today is Russ Capper, Executive Director of Houston Exponential. Russ, welcome to the guest side of the Playbook.

Russ: Well, it’s great to be here.

Jen: For our viewers who aren’t quite familiar with Houston Exponential, can you share a little bit about what that is?

Russ: I’d love to. Houston Exponential is a non-profit initiative put together by the Greater Houston Partnership and, really, the Mayor and the City Council. They both seemed to come together simultaneously and felt like, “My goodness, we have to do something that really champions our innovators and accelerates the growth of our innovation ecosystem,” meaning, trying to make Houston more fertile for development of digital technology startups.

Jen: What kind of projects do you guys have to help drive that digital innovation?


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Next week, the Rice Business Plan Competition will host its 19th competition on April 4 – 6, 2019. PKF Texas is proud to be supporters once again, as well as the official accountants for the 10th year.

The Rice Business Plan Competition is the world’s richest and largest graduate-level student startup competition. It is hosted

The Greater Houston Partnership’s next Houston Young Professionals and Entrepreneurs (HYPE) event, “Explore Your Passion,” is coming up on February 20, 2019.

The event, sponsored by PKF Texas, is designed PechaKucha style where young professionals can meet, talk and interact with various not-for-profit and volunteer organizations. Young professionals will have the opportunity to network and

We are excited to announce we have a new Director joining our firm. His name is Matthew Goldston, CPA, CM&AA, CVA, and he is joining our Entrepreneurial Advisory Services team.

Matthew’s experience as a CFO includes leading multiple companies through transactions from mergers and acquisitions to integrations, spin-offs and successful exits. Additionally, he has extensive