PKF Advisory News, Publications & Insights
Video - 11/16/2023
Pushdown Accounting: What is it and Some Considerations
Have you heard of pushdown accounting? This can be a tricky, and maybe painful, process in a business acquisition transaction. In this episode of PKF Texas – The Entrepreneur’s Playbook®, Audit and Transaction Advisory Services Director, Chris Hatten, CPA, CVA, CM&AA, explains in detail what this looks like and what you should consider.
View here
Article - 11/09/2023
IRS Announces New ERC Withdrawal Program
The IRS recently announced on Thursday, October 19th, a new program allowing employers to withdraw Employee Retention Credit (ERC) claims.
View here
Article - 10/23/2023
FinCEN Publishes Small Entity Compliance Guide and Proposes Time Filing Extensions
Coming January 2024 and will require certain entities to provide information about their beneficial owners by filing a Beneficial Ownership Information (BOI) Report.
View here
Article - 10/09/2023
Construction Mergers Involve Special Issues Unique to the Industry
Due diligence leading to a merger involving construction companies involves special consideration of issues unique to the industry.
View hereVideo - 10/03/2023
Key Objectives of Buyer's Due Diligence
When you’re engaging in a business transaction, there are due diligence things you need to know from a buyer’s perspective. In this next episode Kimberly Wood, CPA, CEPA, shares three key objectives for buyers to consider.
View hereArticle - 09/20/2023
IRS Pauses Processing New ERC Claims, Plans Program for Businesses to Address Improper Claims
The IRS indicated major changes to its processing of the Employee Retention Credit (ERC) effective immediately. In IR-2023-169, the IRS announced that it will stop processing new amended payroll tax returns with ERC claims until “at least” the beginning of 2024 and slow the processing of claims currently in process.
View hereArticle - 09/11/2023
Federal Supplier Climate Risks and Resilience Rule
Regulatory requirements continue to evolve in the sustainability sector and that includes those for organizations doing business with the U.S. Federal Government.
View hereVideo - 09/07/2023
What Stops a Deal?
Not all transactions end up closing. The buyer or the seller might decide it's not the right fit. What are some things that can stop a deal?
View hereArticle - 08/22/2023
FTC Safeguard Rules Make Data Security a Priority for Many Businesses
Effective June 9, 2023, certain businesses engaged in financial services activities must comply with the Federal Trade Commission’s Standards for Safeguarding Customer Information Rule (Safeguard Rule)...
View hereArticle - 08/08/2023
SEC Adopts Amendments on Cybersecurity Disclosure Rules
On Wednesday, July 26, 2023, the Securities and Exchange Commission (SEC) voted to adopt amendments to its existing rules to enhance and standardize its cybersecurity regulations.
View here