TXCPA Dallas

October 2020 Newsletter


In This Issue…

  • Chairman's Message
  • CPE
  • Events
  • Networking
  • Announcements
  • Marketplace
  • Membership
  • Classifieds

Chairman’s Message

By Jason Freeman, CPA

TXCPA Dallas presents some super opportunities this month for you to pick up important information, as well as a few CPE credit hours. On October 20th, Tim Pike, Audit Partner at Howard LLP, will present Common Frauds. On October 27th, Professor Allison McLeod will lead our monthly ethics course. Duncan Campbell, a Baker Tilley partner, will present Presidential Tax Proposals Ahead of the Election on October 29th. These classes will be presented online, and we hope you’ll take advantage of all these great offerings.


If you’re interested in networking, we hope you’ll join us on October 29th for our virtual October Thirsty Thursday. Since we started these get-togethers in response to quarantine, they’ve become one of our most popular events. This is an excellent opportunity to get to know your fellow Chapter members in the relaxed setting of your own home, and we hope you’ll join us. Although it’s not a networking opportunity, I encourage you to log in to our Facebook page at 10:00 a.m. on Monday, October 5th, for our monthly Dallas Live event. I’ll be talking to Willie Hornberger, a Jackson Walker partner, former Board Chairman of both TXCPA Dallas and the state society, popular speaker, mover, shaker and all-around great guy. Willie is rarely at a loss for words, and I’m sure you’ll find our discussion entertaining and informative.


Don’t forget that you only have through 5:00 p.m. tomorrow, October 2nd, to submit your nominations for 2021-22 TXCPA Dallas leadership positions. There’s an article elsewhere in this newsletter that gives you more information, but I do want to encourage you to participate in this important aspect of your association membership. Help create the future of your organization by getting your nominations in to Laura McFadden by close of business tomorrow.


Speaking of the future, let’s talk about mentorship. I remember with fondness, as you probably do as well, those who took the time to support and guide me in the starting years of my career. Many are still valued friends and advisors. These special relationships are priceless in the development of students and young professionals and directly assist in building the potential of any given industry. TXCPA Dallas is exploring the possibility of creating a mentorship program between our younger members and those with the skill and experience to help prepare them for the changing times ahead. If you’re interested in volunteering your time and talent to shape the future of the accounting field, please contact us at your earliest opportunity.


TXCPA Dallas exists to be of the highest service to all its members, regardless of race, gender, age, religion or identity, recognizing the value that comes from the broadest spectrum of experience and culture. In response to the current climate of division we find our country in, we believe that professional organizations can be powerful change agents. As part of my vision for this year, I have developed a Diversity & Inclusion Task Force to help ensure that our actions and reputation always reflect that belief. If you would like to be a part, I welcome your participation and invite you to join us. Please contact us to enlist in this initiative

Until next month, I wish you a safe, healthy and productive October.

Jason Freeman, CPA

Chairman, 2020-21

Online CPE Event:

Common Frauds

Tuesday, October 20, 2020


TXCPA Dallas

invites you to an

Online CPE Event

Common Frauds

presented by


Tim Pike

Partner, Howard LLP


Tuesday, October 20, 2020

1:00 p.m. – 3:00 p.m.


This is an online event.


Course Description:  This session is designed for those who need to consider fraud, whether internally or for auditors.


Learning Objectives: Attendee will learn new audit standards and their impact, as well as troublesome and upcoming areas.


Course Level:         Basic/Technical

Prerequisites:         None

Course #:                  21120521

CPE Credit Hours: 2

Date:                          Tuesday, October 20, 2020

Time:                         1:00 p.m. – 3:00 p.m.

Format:                     Live (Internet-based)

Cost:                          $35/Members


To register for this event, click here.


Online Ethics Course

A CPA’s Guidebook for Ethical Behavior:

A CPE Ethics Course for Texas CPAs

Tuesday, October 27, 2020


You are invited to join us for our monthly, State-approved, four-hour Ethics course, A CPA’s Guidebook for Ethical Behavior: A CPE Ethics Course for Texas CPAs.  This course will be taught by Professor Allison McLeod.

Speaker and author, Allison M. McLeod, LL.M., CPA, will educate and inform CPAs not just on what is the right thing to do according to the Texas Rules of Professional Conduct but how to put your values into action!   As part of this course, we will also look at various schools of ethical thought and walk through real world examples of individuals and companies faced with moral dilemmas.


Description: A CPA is challenged in today’s work world to not only serve his/her client or employer but also to protect the public interest by ensuring that there is transparency in financial reporting or there is fair administration of the tax laws.  In balancing the two interests, a CPA may find him or herself in an ethical dilemma. This course covers not only basic ethical frameworks, but also specific rules governing CPA practice and responsibilities. It concludes with a section on how a CPA can put his or her ethics into action.



  1. To educate licensees in ethics of professional accounting as Texas CPAs.
  1. To convey the intent of the Texas Rules of Professional Conduct and the AICPA Code of Professional Conduct in the performance of professional accounting services/work, not to adhere to the mere technical compliance of such rules.
  2. To assist the Texas CPA in applying ethical judgment in interpreting the rules and determining public interest. Public interest should be placed ahead of self-interest, even if it means a loss of job or client.
  3. To review and discuss the Texas Rules of Professional Conduct and their implications for persons in a variety of practices, including:
    1. CPAs in client practice of public accountancy who perform attest and non-attest services.
    2. CPAs employed in industry who provide internal accounting and auditing services.
    3. CPAs employed in education or in government accounting or auditing.


Course #:                              21600514

Date:                                     Tuesday, October 27, 2020

Time:                                    8:00 a.m. – 12:00 p.m.

Level:                                   Basic/Ethics

Prerequisites:                       None

Format:                                 Webinar (Internet-based)

CPE Credit Hours:                4

Sponsor #:                           441

Cost:                                    $120/Member; $150/Non-Member


To register for this course, please click here.

In Case You Missed It….

Steve Tillinger’s Partnership/LLC Tax Issues & Update | 16 hours CPE

October 28 & 29, 2020 • 8:30 am each day

Register by October 12 and Save $100!


If you weren’t able to attend Steve Tillinger’s partnerships and LLC webinar, originally held on August 31 and September 1, TXCPA Austin is offering a repeat! On October 28 & 29, you have another opportunity to participate in Steve’s excellent online presentation, Partnerships/LLC Tax Issues & Update.


This course will bring you up to date on the important tax issues affecting your clients operating as partnerships and limited liability companies. Your instructor will address the important tax issues of contributed property and maintaining capital accounts; special allocations and substantial economic effect; the importance of the qualified income offset to members of LLCs; the tax definition of recourse and non-recourse debt, and how it is allocated and reported on the K-1; what you must know about how the at-risk rules apply to LLCs; the importance of the Texas LLC statute; and much more! While there are no prerequisites, parts of the course will seem basic, intermediate, or advanced, depending on your familiarity in the area. As a participant, you will receive an excellent resource, Practical Guide to Partnerships and LLCs, a 569-page tenth edition textbook published by CCH, Inc. The textbook is comprehensive, clearly written and provides practical guidance on this complex subject. Your instructor says this is his “go to” book on partnership/LLC tax issues and, by itself, is worth the price of admission.

Remember, Register by October 12 and Save $100!

Online CPE Event:

Presidential Candidate Tax Proposals Ahead of the Election

Thursday, October 29, 2020

TXCPA Dallas

invites you to an

Online CPE Event

Presidential Candidate Tax Proposals

Ahead of the Election

presented by


Duncan Campbell

Partner, Private Wealth, Baker Tilley US LLP


Thursday, October 29, 2020

1:00 p.m. – 3:00 p.m. 


This is an online event.


Course Description:  In this course, Duncan Campbell will help attendees gain an understanding of the presidential candidate proposals and changes expected to come.

Learning Objectives: Participants will:

  • Identify the planning opportunities available for 2020; and
  • Discuss the impacts of the proposed changes to estate planning. 

Course Level:         Basic/Technical

Prerequisites:         None

Course #:                  21120519

CPE Credit Hours: 2

Date:                          Thursday, October 29, 2020

Time:                         1:00 p.m. – 3:00 p.m.

Format:                     Live (Internet-based)

Cost:                          $35/Members


To register for this event, click here.

Coming in November….

Save the Date!

November 5, 2020

Auditing in the Time of COVID

presented by

Lucas LaChance

Partner, Lane Gorman Trubitt LLC


Sara Godecke

Partner, Lane Gorman Trubitt LLC


November 10, 2020

New Section 263A UNICAP

presented by

Heather Bradshaw

Senior Manager, RSM US LLP


The Final GILTI High Tax Exclusion Regulations

presented by

Greg Pudenz

Partner, International Tax, RSM US LLP

Details and registration for these events coming soon…


Dallas Live

Monday, October 5, 2020

Join us on Monday, October 5th at 10:00 a.m.

for another of our Facebook Live events,

Dallas Live.

TXCPA Dallas Board Chairman Jason Freeman

will be talking with Willie Hornberger,

former Board Chairman of both TXCPA Dallas and TXCPA,

and a partner at Jackson Walker LLP.

Tune in for what’s sure to be an interesting conversation.

Click here at 10:00 a.m. on Monday morning.


Virtual Thirsty Thursday

Thursday, October 29, 2020

TXCPA Dallas Invites You
to Attend

A Virtual Event

Join us for a
Virtual Networking Event

Thursday, October 29, 2020
5:00 p.m. – 6:00 p.m.

This event will be held via Zoom.

There is no cost,
but please let us know you’re coming
by clicking here.

We hope you can join us!


TXCPA Dallas

2021-22 Leadership Nominations


TXCPA Dallas invites you to nominate leadership candidates for the 2021-2022 year. Click here if you would like to make nominations for any of these positions:


  • Chairman-elect
  • Treasurer-elect
  • TXCPA Dallas Board Directors
  • TXCPA Directors
  • Nominations Committee


The deadline for nominations is October 2, 2020.

D CEO Magazine Presents

Defining the Future of Texas Oil & Gas:

A Conversation with Industry Leaders

Wednesday, October 28, 2020


TXCPA Dallas is pleased to partner with D CEO Magazine to present a virtual and live event: Defining the Future of Texas Oil & Gas: A Conversation with Industry Leaders. Click here for more information and to register.


Congratulations Are in Order


Ken Horwitz’s cookbook Deep Flavors just received an award for excellence. You can read the five-star review hereDeep Flavors, Ken’s labor of love, is available from Amazon or through the Deep Flavors website.

Our current Board Chairman Jason Freeman was recently named “Attorney of the Month” by Attorney at Law Magazine.

Congratulations, Gentlemen, on your high and well-deserved honors!

Welcome, New Members!

Elisabeth Leigh Allums, CPA

Nicholas Pierre Azzi, Student

Toni Badali, CPA

Jennifer Belong, Candidate

Vishavjyot Bhullar, CPA

Victoria Elizabeth Braud, CPA

Dan Bu, CPA

Sarah Buckalew, Student

Rocio D. Carrascal, Student

Jennifer Mumbi Chege, CPA

Meifang Chen, Student

Chris Choi, CPA

Eric Coselman, CPA

Chirag Desai, Student

Craig Michael Emert, CPA

Connor Patrick Galvin, CPA

Vittal Gunturu, Student

Charles Kruse Hart, CPA

Trang Cao Doan Hoang, CPA

Vivek Jaiswal, Student

Emily January, Student

Dongyao Ji, CPA

Rebecca Warren Jones, CPA

Delanie Gwen Joseph, CPA

Margaret S. Khan, CPA

Maureen Kinkopf, CPA

Rose Elena Koeninger, Student

Ismael Adam Kone,Student

Zhu Lang, CPA

Cassidy Lietha, Student

Bryen Anthony Lincoln, CPA

Jiaxi Liu, CPA

Zixin Liu, Student

Jiaying Liu, Student

Roxanne Amanda Lochte, Student

Thaland D. Logan, CPA

Marcelo Maril, CPA

Aimee Katherine Marshall, CPA

Matthew Edward Marshall, CPA

Janet Martinez, Student

Kristen Tucker McClure, CPA

Eric S. Mies, CPA

Ronald P. Miller, CPA

Sumiya Narjis, CPA

Deborah Anne Nichols, CPA

Casey Jon Nunez, CPA

Steven Walter Reiter, CPA

Rico Robles, Student

Mark Gary Samarin, CPA

Jie Shao, CPA

Katie Shore, Student

Lee Kyle Summerlin, CPA

Tarah Leigh Toney, Student

William Brian Turrentine, CPA

Grace Anne Ungerleider, CPA

Louis Wang, CPA

Westin Edward Whitmire, CPA

Carlene Renee Wideman, CPA

Stephen Michael Williams, CPA

Marci Lynn Williams, Student

Annmarie Jeanette Wilson, CPA

Jing Xie, CPA

Qun Yao, Student

Daivd Christopher York, CPA

Chialin Steven Young, Student

Aiste Zilvytyte, CPA



Practices For Sale
Practices For Sale in North Texas: gross revenues shown: SE Dallas Tax & Bkkpg $40K; SW of Ft. Worth CPA $608K; Irving Tax Firm $310K; W. of Ft. Worth CPA 2.090M; Northern Collin Co CPA $575K; Abilene CPA $367K; Deep East Texas CPA $710; NW of DFW CPA $670K; NE Texas CPA $209K; E/SE CPA $290K; Tyler/Longview Area CPA $780K. For additional listings/information, call us at 1-800-397-0249 or visit us online at www.APS.net and register for free email updates.


THINKING OF SELLING? Accounting Practice Sales is located in North Texas and is the leading marketer of accounting and tax practices here and nationwide. We have a large buyer pool as well as the experience to help you find the right fit for your firm and negotiate the best price and terms. To find out more about our risk-free and confidential services, call Ryan Pannell with The Holmes Group at 1-800-397-0249 or send an email to Ryan@APS.net.

TXCPA Chapter Tip Sheet


Friendly competition is always fun and in October it will also benefit TXCPA’s CPA-PAC. All members are encouraged to give $10 to the PAC to bolster the state and chapter PAC funds in advance of the November 3 general election. Donations can be given online here. Making a donation is the fastest, simplest and most efficient way for you to support the profession you worked so hard to join. At the end of October, we’ll determine the top three chapters in terms of percentage of members donating. Those chapters will receive bragging rights and will be recognized at the Midyear Board of Directors and Members Meeting in January. Thank you for your support!



We’ve added a brand-new resource to the TXCPA website to help you stay informed. Visit the TXCPA Knowledge Hub for a library of free downloadable content provided by experts and vendors within the accounting profession. You’ll find white papers, product guides, case studies, industry analysis and much more, with new content being added regularly.

Visit the TXCPA Knowledge Hub



This year, TXCPA’s Branding and Community Outreach Committee has identified financial literacy as a focus area for service and education during TXCPA Month of Service. The CPA profession is well positioned to provide guidance and support for helping Texans build stronger financial foundations. Help us increase our impact in December with your participation. Later this fall, contact your local chapter for local engagement opportunities, or visit TXCPA’s website to learn more about how you, your firm or your company can participate in TXCPA Month of Service.



TXCPA is setting out to recognize CPA members 40 and younger who have proven to be rising stars within the accounting profession and their communities. Do you have an up-and-coming star in your firm or company who has shown innovative leadership qualities, whether it be in the accounting profession, TXCPA or charitable activities? Have a friend or colleague who’s taken the reins within the profession or community? We want to hear from you! Anyone can nominate a rising star, but the nominees must be TXCPA members. Nominations must be completed by Dec. 16 to be considered. Submit a nomination today!



In addition to the All Member Forum, we have three interest area communities on TXCPA Exchange – Tax IssuesCPA Practice Management and Nonprofit Accounting. Join one, or all, of these communities to ask questions, offer feedback and network with fellow TXCPA members. Take advantage of this valuable members-only benefit today!



Follow @TexasSocietyofCPAs on Instagram for photos and updates on what’s happening across our 20 chapters. Have a great photo you want to share? Use hashtag #TXCPA. You can also follow us on TwitterFacebook and LinkedIn to get the latest TXCPA and industry news.