PKF North America News

The Research & Development (R&D) tax credit is a federal tax incentive designed to encourage innovation through qualifying research activities. While many U.S. companies have utilized the incentive for years, U.S. subsidiaries of foreign companies can also benefit. Eligibility requirements are generally the same, including the need to pass the four-part test and claim Qualified … Continued The post Maximize Tax Savings: R&D Credits for Foreign-Owned U.S. Subsidiaries first appeared on JLK Rosenberger.

Reading Time: 2 minutes 25 seconds Maintaining positive cash flow is essential for the financial vitality of a company. While this is true for most industries, it has a special significance for capital-intensive businesses such as construction companies and contractors. Industry companies manage large projects that involve significant upfront costs, requiring a steady stream of … Continued The post Top Cash Flow Killers in the Construction Industry first appeared on JLK Rosenberger.

More than 200 friends and colleagues from 47 countries around the world reunited in Marrakesh from 14 to 16 May 2025 for our EMEI Gathering and Global Tax Pillar Meeting.

IRVINE, CA – May 20, 2025 – JLK Rosenberger received a 2025 Marketing Achievement Award (AAM-MAA) from the Association for Accounting Marketing for its immersive recruiting event, Audit 500. The award was presented at the AAM Summit held May 13 in Phoenix, Arizona. Marketing Director JoLayna Arndt and Marketing Coordinator Jen Luker accepted the award … Continued The post JLK Rosenberger Wins Marketing Achievement Award with Unique Recruiting Event first appeared on JLK Rosenberger.

Key Points: Your nonprofit’s board of directors should enjoy the role, the opportunity to support a cause close to their hearts and the camaraderie of working with others who’re dedicated […]

PKF Texas Tax Director, Emily Smikal, CPA, has been named to the Houston Business Journal’s 40 Under 40 Class of 2025 honorees. This annual honor recognizes 40 of the Greater […]

Reading Time: 3 minutes 30 seconds Earnouts and contingent payments are common features of business transactions, particularly in mergers and acquisitions. They allow buyers and sellers to bridge valuation gaps and align incentives, but also introduce complex tax considerations that must be carefully navigated. Earnouts and Contingent Payments Earnouts are contractual provisions in a business … Continued The post Earnouts Explained: Tax and Financial Implications You Can’t Afford to Miss first appeared on JLK Rosenberger.

We’re proud to share that Accounting Today has again named JLK Rosenberger a Top Firm in the West in its annual regional rankings. This recognition marks a continued chapter in our firm’s growth story. It reflects the hard work of our team, the strength of our client relationships, and our commitment to delivering forward-looking service. … Continued The post JLK Rosenberger Named a 2025 Top Firm in the West by Accounting Today first appeared on JLK Rosenberger.

In this episode of PKF Texas – The Entrepreneur’s Playbook®, Roland Robb breaks down the purpose and importance of the accounting close process. Whether monthly, quarterly, or annually, closing your […]

Our friends and colleagues from 19 countries across Africa reunited in Lagos, Nigeria from 1 to 3 May 2025 for our annual Africa Gathering

Key Points: Even after your 2024 federal return is submitted, a few nagging questions often remain. Below are quick answers to five of the most common questions we hear each […]

Construction businesses operate in an environment where precision and timing are everything. Managing multiple jobs, coordinating subcontractors, and staying on top of costs are demanding. Add complex billing cycles, compliance obligations, and financial reporting requirements, and the back office can quickly become a bottleneck. Many construction companies are turning to outsourced accounting to keep pace … Continued The post Benefits of Outsourced Accounting for Construction Companies first appeared on JLK Rosenberger.

Strategic planning isn’t just for large corporations — it’s a vital roadmap for small and mid-sized businesses aiming for sustainable growth. In this episode of PKF Texas—The Entrepreneurs Playbook®, Jen […]

In this episode of PKF Texas—The Entrepreneurs Playbook®, Jen Lemanski sits down with Alejandro Ballestin, Senior Manager in the Business Advisory group and one of our Approachable Advisor®, to discuss […]

Reading Time: 3 minutes 45 seconds On April 3, 2025, the Department of Labor (DOL) released new guidance to help plan administrators resolve conflicting requirements for annual funding notices. The confusion stems from updates made under the, which changed key elements of what defined benefit plans must disclose. Although the statute took effect for plan … Continued The post DOL Bulletin Clarifies Conflicting Funding Notice Rules first appeared on JLK Rosenberger.

Knowing how long to retain your tax records is essential for staying compliant with IRS regulations. Holding onto documents for too long may create unnecessary clutter, while disposing of them […]

In this PKF Texas – Entrepreneurs Playbook® episode, Jen Lemanski sits with Jamie Matte, CPA, Business Advisory Director and one of our Approachable Advisor®, to discuss practical profit enhancement strategies […]

In this episode of PKF Texas – The Entrepreneur’s Playbook®, Jen Lemanski sits down with Fatima Chase, Senior Tax Manager and one of the Approachable Advisors® on our Not-for-Profit team, […]

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 […]