January-February 2026

Flipbook

In this issue:

January 13, 2026

TXCPA Thanks Our 2025-2026 Professional Group Membership Program Participants!

We appreciate all the firms and organizations that participated in TXCPA’s Professional Group Membership program this year. Your renewals and new activations for 2025–2026 help strengthen the fabric of our membership community.

Ready to simplify renewals and boost the value your team receives? Our group billing option does both. Connect with Kristie Estrada, Manager of Membership Operations and Acquisition, at kestrada@tx.cpa or 800-428-0272, ext. 8560, to get started.

A.J. Brune & Associates PLLC
ABIP PC
Adami, Lindsey & Company
Adamson & Company LLC
ADKF PC
Albarado and Friery LLC
Alexander Lankford & Hiers CPAs Inc
Allman & Associates Inc
Anderson Spector & Company PC
Anderson, Johns, Yao & Davis CPAs, P.C.
Andre + Associates PC
Aprio
Armanino
Armstrong Backus & Co LLP
Armstrong Vaughan & Assoc PC
Arnold Walker Arnold & Co PC
Asel & Associates PLLC
Atchley & Associates LLP
ATKG LLP
B Hensley & Co LLC
Bailes & Co PC
Bankler Partners LC
Barg & Henson CPAs PLLC
Barrett & Thomas PC
Barry & Capers PC
BC&V Advisors + CPAs PLLC
BDO USA LLP
Beaird Harris & Co PC
Beal & Wilkes PC
Beasley Mitchell & Co
Benton Duroy & Ivey PC
Bland Garvey PC
Blazek & Vetterling
Bock & Associates LLP
Bolinger Segars Gilbert & Moss LLP
Bolton Sullivan Taylor & Weber CPAs
Brammer Begnaud & Lattimore CPAs
Brewer Eyeington Patout & Co
Bright & Bright LLP
Britts & Associates LLP
Brockway Gersbach Franklin & Niemeier PC
Brown Graham & Company PC
Brunott CPA & Associates, LLC
Bryant & Welborn LLP CPAs
Buckley & Associates PC
Bumgardner Morrison & Company LLP
Burchell Denson & Morrison LLC
Burds Reed & Mercer PC
Burkhart Peterson & Associates PLLC
Burkhart Peterson & Co PLLC
Burton McCumber & Longoria LLP
Butterworth & Macias PC
BWC & Associates Inc
Calhoun Thomson & Matza LLP
Calloway Stinson and Company
Candy & Schonwald
Cantrell & Associates PC
Canutillo Independent School District
Carameros & Rawls
Carpenter & Langford, PC
Carr Riggs & Ingram LLC
Carson Platt
Castle & Company CPAs PLLC
Cavett Turner & Wyble LLP
CB&C CPA PC
CD Bradshaw & Associates PC
Cherry Bekaert LLP
Chilton Wilcox & Fortenberry
City of Lubbock
CLA
CMMS CPAs & Advisors
Coleman Horton & Company LLP
Collier Johnson & Woods PC
Colonial Savings FA
Conder Kletchka & Associates PLLC
Condley and Company LLP
Cook Parker and Associates LLC
Crawford Carter & Durbin LLC
Croucher Hackett Calleros & Co PC
Crowe LLP
CrownQuest Operating LLC
Cuellar Morales Gonzalez & Co PLLC
D Williams & Co PC
Daniel H Braman Jr Estate
Daniels & Erickson PC
Davidson Freedle Espenhover & Overby
Delta Centrifugal Corporation
Desroches Partners LLP
Doeren Mayhew
Dorchester Minerals LP
Durbin & Company LLP
Eckert & Company LLP
Edgar Kiker & Cross PC
Edgin Parkman Fleming & Fleming PC
EEPB PC
Eide Bailly LLP
EisnerAmper LLP
Erickson Demel & Associates PLLC
Estate of Thomas O'Connor
EW Tax and Valuation Group LLP
Exencial Wealth Advisors
Faske Lay & Co LLP
Fasken Oil & Ranch Ltd
Fayez Sarofim & Co
First National Bank Texas
Fitts Roberts Kolkhorst & Co PC
FMW PC
Folsom Gardner Goodwyn McAlister Rooney Stewart & Welky PLLC
Forvis Mazars, LLP
Fox Byrd & Company PC
Freemon Shapard & Story
Frierson Sola Simonton & Kutac PLLC
Gage & Company CPAs LLP
Gant McGee & Baber PC
Garza & Morales LC
Garza/Gonzalez & Associates LLC
Gaskill Pharis & Pharis LLP
George Morgan & Sneed PC
Gibson Ruddock Patterson LLC
Gilliam Wharram & Co PC
Glenn Prather & Co
Goff & Herrington PC
Goldman Hunt & Notz LLP
Gollob Morgan Peddy PC
Goodman Financial Corporation
Gowland Morales & Smith PLLC
Green Curtis Daley CPAs PLLC
Grier Reeves & Lawley PC
Guinn Smith & Company Inc
Hahn & Oldham PC
Ham Langston & Brezina LLP
Hampton Brown & Associates PC
Harold W Shelburne CPA
Harper & Pearson Company PC
Harrison Waldrop & Uherek LLP
Hartman Wanzor McNamara LLP
Haynie & Company
Heard McElroy and Vestal, LLC
Henry & Peters PC
Hess & Rohmer PC
HM&M
Hoak & Thorp CPAs PC
Holtman Wilson & Terrell PC
Horne LLP
Houston Methodist Hospital
Howard Cunningham Houchin & Turner LLP
HRSS LLP
Hudgins Crosier Sumpter PC
Hupp Bauer Hanson & Lewis
Hurd Enterprises Ltd
Huselton Morgan & Maultsby PC
Ingram Wallis & Co PC
J and K CPA LLC
Jeffery A Davidson CPA PC
Jenna M. Hopkins
Jennings Hawley & Co PC
JLK Rosenberger
John R Johnson PC
Johnson & Sheldon PLLC
Johnson Granado & Company PC
Jones Hay Marschall & McKinney PC
JRBT, PC
JTaylor & Associates LLC
KCMD LLP
Keller & Associates CPAs PLLC
Kelsey-Seybold Clinic
KHA Accountants PLLC
Kimbell Art Foundation
Kimbell Art Museum
Kimberling McFarland and Associates PC
KM&L LLC
Knuckols Duvall Hallum & Co PC
Lain Faulkner & Company PC
Lamar University School of Accounting Finance & Economics
Lane Gorman Trubitt LLC
Lange Poteet & Co LLP
LaPorte CPAs & Business Advisors
Lauterbach Borschow & Company PC
Lawrence Blackburn Meek Maxey & Co
Lemert Holder Ohm PLLC
Lewis Kaufman Reid Stukey Gattis & Co PC
Lott Vernon & Co. PC
LPT CPAs and Advisors PLLC
LSK CPAs PLLC
M & K CPAs
M2G Ventures LLC
Maddox Thomson & Associates PC
Marcum LLP
Martinez Rosario & Company LLP
Mason Warner & Company PC
Massey Itschner & Co PC
Matthew J. Milks
Maxwell Locke & Ritter LLP
Mays & Associates PLLC
Mazur & Vernon
MB Group LLC
McCall Gibson Swedlund Barfoot Ellis PLLC
McClanahan and Holmes, LLP
McIlvain & Associates LLC
McMahon Vinson & Hubbard LLP
Meador & Jones LLP
Meadows Collier Reed Cousins Crouch & Ungerman LLP
Melton & Melton LLP
Mesch PLLC
Mewbourne Oil Company
Meyers Marsh & Mannon CPAs
Mohle Adams LLP
Moore Camp Phillips & Patterson  LLP
Mosher Seifert + Co, PC
Moss Adams LLP
MUFG Capital Analytics LLC
MWH Group PC
Neffendorf & Blocker PC
Nelda C & HJ Lutcher Stark Foundation
Newton Newton Downs & Blair PC
Nommensen Williams Sticker & Doyle PC
Okafor & Associates PC
Oliver Rainey & Wojtek LLP
Oroian Guest & Little PC
Orta & Choate PC
Pannell Kerr Forster of Texas PC
Pattillo Brown & Hill LLP
Pelican Energy Partners LP
Pena Briones McDaniel & Co PC
Perkins Dexter Sinopoli & Hamm PC
Perry D Reed & Company
Petro Hunt LLC
Plains State Bank
PriceKubecka PLLC
Prothro Wilhelmi & Co PLLC
PSK LLP
PYCO Industries Inc
R.A.M. CPA PLLC
Rally Credit Union
Ramdas Accounting
Randolph-Brooks Federal Credit Union
Ratliff & Associates CPAs PC
Raven A Herron PC
RBMS LLP
Redfield Miller & White LLP
Reynolds & Franke PC
Richard A. Jones
Robison Johnston & Patton LLP
Roloff Hnatek and Co LLP
Ron Kirby CPA
RSM US LLP
Rutherford Taylor & Company PC
Samantha N. Keuer
Saville CPAs & Advisors LLC
SBNG PC
Scalco Johnson Leahy & Dudek CPAs LLC
Schriber Springer & Cockburn LLP
Seale & Associates PC
Seidel Schroeder & Company
Shelton Mead & Shelton CPAs
Shenandoah Petroleum Corporation
Snow Garrett Williams
Sol Schwartz & Associates PC
Sommerville & Associates PC
Southside Bank
Spies Kneese & Bailey LLC
Spillar Mitcham Eaton & Bicknell LLP
Sproles Woodard LLP
Squyres & Co LLP
SST Accountants & Consultants
Stallop Compton & Robillard PLLC
Stanley C. Weinstein
Star of Hope Mission
Stedman West Interests Inc
Stephen F Austin State University College of Business
Stewart Martin Dudley & Webb PC
Stovall Grandey & Allen LLP
Strickler & Prieto LLP
Sutton Frost Cary LLP
Swank Salch & Henderson PC
SWBC PEO
T J Hayes & Co PLLC
TETCO, Inc.
Texas Farm Bureau Insurance Cos
Texas Health Resources
TG Advisors PLLC
The Blum Firm PC
The Bonadio Group
The CJ CPA Group, PLLC
The K FORD Group CPAs
The Palisades Group, LLC
Thomas & Jensen PLLC
Thomas & Thomas CPAs PLLC
Thomas Edwards Group
Thomas V Stephen & Co PC
Thompson Derrig & Craig PC
Tiller Ketterman & Jones LLC
Todd Hamaker & Johnson LLP
Turner Stone & Company LLP
United Way of Greater Houston
University of Texas at Tyler
Vail & Park PC
Van Houten & Associates PC
VeraBank
Vernon E Faulconer Inc
Wathen DeShong & Juncker LLP
Weaver and Tidwell LLP
Wenzel & Associates CPAs LLC
Whitley Penn LLP
Williams Steinert Mask LLP
Williamson County
Wilson Haag PLLC
Wind Energy Transmission Texas LLC
Wolfe and Company PC
Woodland Advisors LLC

YWRD PC

 

Thanks to the Sponsors of Today's CPA Magazine

This content was made possible by the sponsors of this issue of Today's CPA Magazine:

Accounting Biz Brokers

Accounting Practice Sales

Capstan Tax

8amCPA Charge

Goodman Financial

 


May-June 2026

Flipbook

In This Issue

  • TXCPA Strategic Plan

    Building What’s Next: TXCPA’s 2025-26 Year in Review

    TXCPA’s 2025–26 Year in Review highlights how the organization is responding to rapid change in the accounting profession through a clear strategic vision focused on people, innovation and advocacy. Key efforts include new programs, enhanced CPE and learning through AcctoFi, and technology and chapter integration initiatives. The year also marked major legislative wins, positioning Texas as a national leader.
    View Article

  • CPE: Option-Based Contracts and Foreign Currency Transactions

    This article covers option-based contracts in foreign currency transactions and their treatment as derivatives under ASC 815. It highlights how options differ from forwards and futures, outlines call and put options and their accounting implications, defines key derivative terminology, and illustrates how FX options can hedge one-sided currency risk while preserving upside potential.
    View Article
    Underlyings
  • volunteer leadership

    Celebrating Progress. Shaping What’s Next.

    This issue of Today’s CPA reflects on TXCPA’s achievements during the 2025–2026 membership year while looking ahead to the future. It highlights advocacy successes, profession updates, expanded education offerings, technology investments, and strong member and volunteer engagement. As the year closes, members are encouraged to stay engaged and help shape what’s next.
    View Article

  • CARB vs. No-CARB – The California Climate Accountability Package

    California’s Climate Accountability Package significantly expands corporate climate disclosure requirements, mandating detailed greenhouse gas emissions reporting and climate‑risk analysis for companies doing business in the state. Ongoing legal challenges remain, but enforcement timelines are intact, placing growing responsibility on companies and CPAs to manage data quality, Scope 3 estimates and audit‑ready disclosures.
    View Article
    Scope 1, 2 and 3 emissions
  • Pro Bono Services

    Justice for Fraud Victims Project: Bridging the Justice Gap in Financial Fraud

    The Justice for Fraud Victims Project (JFVP) is a national program that delivers free forensic accounting and fraud investigation services to vulnerable individuals, small businesses and nonprofits. With partnerships among universities, anti-fraud professionals and law enforcement, they help uncover financial crimes and educate future forensic accountants. The model is expanding, including a new program at Lubbock Christian University.
    View Article

  • A Refresher on Auditor Independence: Best Practices Every CPA Should Know

    Auditor independence is essential to maintaining trust in the accounting profession, requiring both objectivity and the appearance of impartiality. Common threats - such as self-interest, self-review and familiarity - continue to lead to violations. Strong firm policies, ongoing training and effective use of technology are key to preventing these issues.
    View Article
    Quality Control Systems
  • Xero

    After QuickBooks Desktop: What CPAs Need to Know Now

    This article outlines the key implications of QuickBooks Desktop's phased discontinuation, including service discontinuation risks, operational failures, backup and archival strategies, migration challenges, and alternative accounting platforms. It also provides guidance for CPAs to take a proactive approach to managing and executing client migrations.
    View Article

  • Are Municipal Bond Investors Sitting on a Ticking Tax Bomb?

    Tax‑exempt municipal bonds purchased at deep discounts can quietly trigger ordinary income taxation under the IRS de minimis rule, eroding after‑tax returns and creating surprise tax bills at maturity. By comparing after‑tax “true yield” and proactively swapping discounted bonds for higher‑coupon alternatives, CPAs and financial advisors can help clients defuse a hidden tax bomb and improve portfolio outcomes.
    View Article
    Tax‑Exempt Securities
  • Quantum Computing

    Risks, Realities and the Evolving Role of CPAs Auditing Emerging Technologies

    Emerging technologies are reshaping auditing by embedding automation, advanced analytics and decentralized systems into core business processes. While these tools improve efficiency and insight, they introduce new risks that challenge traditional audit approaches. CPAs must adapt methods, rely more heavily on professional judgment, and uphold independence and integrity to sustain trust in financial reporting.
    View Article

  • What’s Happening Around Texas - May-June 2026

    TXCPA chapters across Texas are making an impact through service, networking and professional development. Recent highlights include volunteer and scholarship efforts in Austin, community engagement and member meetups in Dallas, student outreach and advocacy in East Texas, and career-focused events in Houston that strengthen connections within the accounting community.
    View Article
    volunteer advocacy
  • volunteer leadership

    Advocacy Update – Elections and the 2027 Legislative Session are Right Around the Corner

    TXCPA is preparing for the 2027 Texas legislative session as the 2026 elections shape the political and policy landscape. Key focuses include monitoring election outcomes, emerging legislative issues and national deregulation efforts that could impact CPA licensure and practice, while encouraging continued member engagement and advocacy.
    View Article

  • Why Positioning Matters More Than Ever for CAS Firms

    Client advisory services deliver the most value when firms clearly define who they serve and which problems they solve. Clear positioning enables standardized workflows, repeatable service offerings and more predictable growth.
    View Article
    Service differentiation
  • Word Challenge

    Take Note

    In this edition of Take Note: Renew Your TXCPA Membership; Accountants Confidential Assistance Network (ACAN); 2026 CPE Programs; Word Game - Positioning That Powers Growth
    View Article

  • Classifieds

    The Classifieds section of Today's CPA provides a one-stop destination to find practices for sale, connect with buyers, and access services that support growth, transition and market expansion.
    View Article

CHAIR
Mohan Kuruvilla, Ph.D., CPA

PRESIDENT/CEO
Jodi Ann Ray, CAE, CCE, IOM

CHIEF OPERATING OFFICER
Melinda Bentley, CAE

EDITORIAL BOARD CHAIR
Jennifer Johnson, CPA

MANAGER, MARKETING AND COMMUNICATIONS
Peggy Foley
pfoley@tx.cpa

MANAGING EDITOR
DeLynn Deakins
ddeakins@tx.cpa

COLUMN EDITOR
Don Carpenter, MSAcc/CPA

DIGITAL MARKETING SPECIALIST
Wayne Hardin, CDMP, PCM®

CLASSIFIEDS
DeLynn Deakins

Texas Society of CPAs
14131 Midway Rd., Suite 850
Addison, TX 75001
972-687-8550
ddeakins@tx.cpa

 

Editorial Board
Derrick Bonyuet-Lee, CPA-Austin;
Aaron Borden, CPA-Dallas;
Don Carpenter, CPA-Central Texas;
Rhonda Fronk, CPA-Houston;
Aaron Harris, CPA-Dallas;
Baria Jaroudi, CPA-Houston;
Elle Kathryn Johnson, CPA-Houston;
Jennifer Johnson, CPA-Dallas;
Lucas LaChance, CPA-Dallas, CIA;
Nicholas Larson, CPA-Fort Worth;
Anne-Marie Lelkes, CPA-Corpus Christi;
Bryan Morgan, Jr, CPA-Austin;
Stephanie Morgan, CPA-East Texas;
Kamala Raghavan, CPA-Houston;
Amber Louise Rourke, CPA-Brazos Valley;
Shilpa Boggram Sathyamurthy, CPA-Houston, CA
Nikki Lee Shoemaker, CPA-East Texas, CGMA;
Natasha Winn, CPA-Houston.

CONTRIBUTORS
Melinda Bentley; Kenneth Besserman; Kristie Estrada; Holly McCauley; Craig Nauta; Kari Owen; John Ross; Lani Shepherd; April Twaddle; Patty Wyatt