TXCPA Dallas

September 2019 Newsletter


In This Issue…

  • Chairman's Message
  • CPE
  • Events
  • Convergence 2020
  • Giving Back
  • Membership
  • Announcements
  • Classifieds

Chairman’s Message

By Bill Sims, CPA

September marks the end of summer, the start of football season and the beginning of cooler temperatures (we hope!). As we eagerly await that first nip in the air, TXCPA Dallas is announcing some pretty cool events of its own.


The Young Professionals Group is holding a CPE event on September 18. Scott Sorbet of Hilltop Holdings will present, “Break the 120 CPE Credit-Hour Mindset Like Your Job Depends on It.” On September 20, we offer our monthly Ethics course, and on September 26, you can attend an afternoon education session focused on Human Resources issues entitled, “Top 10 Employment Mistakes.” You can register for all these events and more via the events calendar on our website.


The 2019-20 Member Appreciation CPE Series has been scheduled. The dates are: October 22, November 12, December 19 and January 8. More information and registration for the October event will come soon, so watch your inbox. And we have set the date for Convergence 2020. Our annual, all-day CPE conference will be held on Monday, May 4, 2020, at the Omni Frisco Hotel at The Star. Registration will open in December with Early Bird pricing available, so you’ll want to sign up early and plan to join your friends and colleagues at the premier event of our CPE year!


If social events and community outreach are more in your line of interest, be sure to check out a couple of fun activities this month. Our September Thirsty Thursdaysocial hour takes place on September 19 at Blue Mesa Grill in Addison. TXCPA Dallas will participate again this year in St. Jude’s Walk to End Childhood Cancer on Saturday, September 21. This worthwhile cause is fast becoming a perennial favorite of the association, and we hope you’ll join us at the AT&T Performing Arts Center on the morning of the 21st and be a part of something very special.


Also this month, we are accepting nominations for 2020-21 TXCPA Dallas leadership. If you know of someone whom you believe would be a great addition to our leadership team, submit your nominee(s) to Laura McFadden by October 7. Let your voice be heard in the future direction of your professional association.


Until next month, have a prosperous and productive September.


Bill Sims, CPA

Chair, 2019-20


Young Professionals Group

Meeting and CPE Event

Wednesday, September 18, 2019

TXCPA Dallas’

Young Professionals Group (YPG)

invites you to a


YPG Meeting and CPE Event


Wednesday, Sep. 18


at the

TXCPA Dallas Training Facility

12400 Coit Road, Suite 750

Dallas, TX 75251


Scott Sorbet

Senior Manager, Hilltop Holdings Inc.

will present


Break the 120 CPE Credit-Hour Mindset

Like Your Job Depends on It

Course Description

When you pass the CPA exam you celebrate crossing a finish line on a career goal, but then also find yourself at the starting line of a completely new race – the race for relevance. Imminent changes in the business landscape brings a demand for new skills and a fresh approach to new problems not yet known. CPE is no longer a punch list task for state board compliance. Instead learning skills of the future is the new lifeline for positioning CPAs into relevance for the rest of the 21st century. Big data, artificial intelligence, blockchain, and cryptocurrency are here to stay, but what should CPAs do to make sure they are too?

Learning Objective

Participants will:

· Understand the importance of recognizing the shifting skillset demands of CPAs.

· Reframe the mindset of obtaining CPE training.

· Learn how to prioritize CPE goals for current and future skills.

Course #: 20540423

CPE Credit Hours: 1

Date: Wednesday, Sep. 18

Time: 4:00p.m.

Category: Basic/Non-Technical

Prerequisites: None

Location: TXCPA Dallas Training Facility

12400 Coit Road, Suite 750, Dallas 75251

Cost: $0/DCPAS Members


Register Here


Ethics Courses

September – October 2019


TXCPA Dallas is pleased to offer the required, State-approved, 4-hour Ethics course.



TXCPA Dallas Office

12400 Coit Road, Suite 750

Dallas TX 75251


This course is taught by Dr. Richard Mark.

Description: The course examines all of the various components of ethical issues essential to any CPA’s practice in the State of Texas. A main objective of the course is to work with CPAs to identify and reach satisfactory conclusions about ethical issues in all phases of public, corporate and governmental practice. To accomplish this objective, the course examines ethical principles and concepts, ethical reasoning, corporate governance and fraud, the impact of culture and human behavior on ethical conduct and applicable current Texas Rules of Professional Conduct through an interactive class environment.

Objective: To gain a better understanding of how a CPA’s ethical standards impact daily decision-making in practice and business.

Course No.

20600414 – Friday, Sept. 20, 8 a.m.-12 p.m.

20600514 – Friday, Oct. 18, 12-4 p.m.

20600614 – Thursday, Nov. 14, 8a.m.-12p.m.

Level: Basic

Prerequisite: None

Format: Classroom

Credit Hrs. Four (4)

Sponsor No. 441


$120 (Member)

$150 (Non Member)

To register for these courses, please click here.


CPE Event:

Top 10 Employment Mistakes

Thursday, September 26, 2019

TXCPA Dallas

invites you to a

CPE Event


Top 10 Employment Mistakes

Thursday, September 26, 2019

1:00p.m. – 5:00p.m.

in the

TXCPA Dallas Training Facility

12400 Coit Road, Suite 750

Dallas, TX 75251




Heather Guarnera

Vice President-HR Consulting, HumCap LP


Diana Meisenhelter

President, MorganMeisenhelter


Jimmy Taylor

Partner, BizMultiplier

Course Description

CPAs are tasked with managing the assets of a company which includes managing human capital. During this four-hour session, participants will learn the “Top 10 Employment Mistakes” made by businesses by discussing the 10 most common mistakes that businesses make with implementing and maintaining HR compliance in their organization.

Learning Objectives

Participants will learn:

· The top 10 most common HR mistakes companies make;

· Trending employment topics including strategies to recruit top talent, establish and maintain employee engagement and increase employee retention; and

· Things they can do that can favorably impact their organizations immediately and enhance their effectiveness as financial leaders.

Course #: 20540413

CPE Credit Hours: 4

Date: Thursday, Sep. 26

Time: 1:00p.m.

Location: TXCPA Dallas Training Facility

12400 Coit Road, Suite 750, Dallas, TX 75251

Cost: $35/Members


To Register, click here.

2019-20 Member Appreciation CPE Series

Save the Date!

TXCPA Dallas’

2019-20 Member Appreciation CPE Series

will begin in October.

Mark your calendars and watch for

the opening of registration for events

to be held on these dates:

Tuesday, Oct. 22, 2019

Tuesday, Nov. 12, 2019

Thursday, Dec. 19, 2019

Wednesday, Jan. 8, 2020

All seminars begin at 12:30 p.m. at the

Communities Foundation of Texas

5500 Caruth Haven Lane

Dallas, TX 75225


September Thirsty Thursday

Thursday, September 19, 2019

Join us for our monthly networking event on

Thursday, Sep. 19

6-8 p.m.


14866 Montfort Drive

Dallas, TX 75254

(Plenty of parking, including an underground garage!)

This event is sponsored by



There is no cost,

but please click here to let us know you’re coming.

All TXCPA Dallas members are welcome!

See you there!

Convergence 2020

Convergence 2020



TXCPA Dallas is pleased to announce its

hallmark event of the year



Monday, May 4, 2020


Omni Frisco Hotel at

The Star


Circle the date on your calendars

and plan to attend the premier

accounting CPE event

in North Texas!


Watch this newsletter and your email inbox

for the opening of registration.

Convergence 2020

Convergence 2020

Thank You to Our Sponsors


Giving Back

St. Jude Walk/Run to End Childhood Cancer

Saturday, Sept. 21

On Saturday, Sept. 21, we will celebrate our third year of participation in the St. Jude* Walk/Race to End Childhood Cancer. If you would like to join TXCPA Dallas team, click here, click “Register and Join a Team”, log in or create an account, and join Team “TXCPA Dallas”. Thanks in advance for your registration, and we look forward to seeing you on Race Day, Sept. 21!

* For more information on the St. Jude Children’s Research Hospital, check out this website.

If you are interested in being a part of these events, you can register your participation by clicking here.

Remember to check out our website regularly to see what new and worthwhile charities we’ll be supporting next.

Welcome, New Members!

Kathryn Suzanne Anderson, CPA Abdullah Anwar, CPA

Jeffrey Breland Barnwell, CPA

Hannah Josephine Beiser, CPA

Kelly Shea Carter, Student

Sarah Denise Cochran, Student

Jessie Lee Coulston, CPA

Chris Stephen Crume, CPA

Keith Eugene Davidson, CPA

Nicholas Michael Dell, CPA

Patrick Owen Donahue, CPA

Elizabeth Ann Francesconi, CPA

Pedro Elias Ganem, CPA

Erica Catherine Grant, CPA

Brittany Reanne Gribble, CPA

Grant Chandler Harbour, CPA

Tyler Michael Hawthorne, CPA

Logan Coy Hays, CPA

Kelsey Lynn Head, CPA

Cyril Etinosa Ihaza, Student

Mi Ji, Student

Libia Maria Kalamaras, CPA

Eun Ji Lee, CPA

Gustavo Martinez, CPA

Stephen T. Melton, CPA

Lanesha Maria Middleton, CPA

Summer Moser, CPA

Clay Daniel Newman, CPA

David Woodrow Noll, CPA

Myra Mumtaz Noshahi, CPA

Andrew Thomas Olson, CPA

Chad Daniel Papa, CPA

Dylan Randall, CPA

Wanlapa Romyanon, CPA

John Frederick Ruh, Jr., CPA

William Slater Siedelmann, CPA

Jim Wayne South, CPA

Jacob Edward Spicer, CPA

Karen Standefer, Candidate

Wendy Lanham Teutsch, CPA

Jeffrey David Susumu Wada, CPA

Russell A Wallace, CPA

Robert James Yarbough, CPA

Congratulations Are in Order

John Wauson was recently promoted to Partner-in-Charge of Weaver’s Risk Management Services. Way to go, John!

DCPAS Scholarship Winner Spotlight


Each month, we will spotlight one of this year’s Dallas CPA Society Scholarship winners. Join us this month in getting to know University of Texas at Dallas (UTD) graduate accounting student, Olamiposi Ajayi, and welcoming him to the Dallas CPA Society. 


Olamiposi Ajayi’s journey to accounting has been a series of steps and milestones. Perhaps his biggest step was coming to Dallas directly from Nigeria four years ago with the dream of becoming an accountant gleaned from the accounting classes he had enjoyed in high school and the accounting role models he had known. Once in Dallas, his next step was enrollment in Richland College. At Richland, he concentrated on building his academic record and researched the career opportunities available to accountants. The next step was to transfer to UTD where, through the prestigious Professional Program in Accounting (PPA), Olamiposi acquired public accounting experience through internships at different companies. This experience helped him decide on an audit path to his goal of becoming a public accountant. Finally, this past spring he reached his latest milestone, achievement of his Bachelor’s degree in Accounting.


Olamiposi received Richland College’s Spring 2017 Honors Scholarship. He has also received the PPA, Comet Transfer, Phi Theta Kappa Transfer and Diversity scholarships from UTD. He is a member of the National Association of Black Accountants, Phi Theta Kappa fraternity, Association of Latino Professionals in Finance and Accounting, the Diversity Scholars Program and the National Association of Collegiate Scholars. He also serves in the Media Department and as a youth leader at Upendo Baptist Church.


Olamiposi’s next milestones on the way to his ultimate goal of the receipt of his CPA license will be graduation with his Masters in Accounting in May of 2020, then sitting for the CPA exam.


The Dallas CPA Society welcomes and congratulates Olamiposi Ajayi.


2020-2021 TXCPA Dallas Leadership Nominations

Who will shape the future of TXCPA Dallas? Here’s your chance to have a voice. We are currently accepting nominations for 2020-21 leadership positions listed below.



TXCPA Dallas Directors

TXCPA Directors

Nominations Committee Members

Please nominate qualified candidates by October 7, 2019, by sending your recommendations to: lmcfadden@cpadallas.org.


Practices For Sale


Practices For Sale in North Texas: gross revenues shown: Mansfield CPA $555K; E. Texas EA $266K; S. Dallas/Oak Cliff Area CPA $240K; East TX CPA $488K; Northern Collin Co. CPA $525K; Abilene CPA $367K; E. Texas (Tyler/Longview Area) CPA $801K; Mansfield CPA $514K; West of Ft. Worth CPA $750K; Ft. Worth (TCU/Zoo Area) CPA $687K; Grapevine/Southlake Area CPA $470K; Ft. Worth CPA $138K; North TX CPA $1.060M; E/SE CPA $290K; Grayson Co. CPA $365K; E. Dallas Suburb CPA $345K; NE Texas CPA $209K; N. Dallas CPA $640K; Hurst CPA $364K. 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.


Practices Sought

Addison CPA interested in purchasing small local CPA practice with monthly gross revenue between $1,000 and $4,000 with a business client base of at least 80%. Services include tax return preparation for business and owners, accounting, write-up, consulting, etc. I have just completed three successful buyouts, and I’m ready to acquire my fourth portfolio.

Please contact Scott at 972-960-8950 extension *#


Board Members Wanted



The Appraisal Review Board (ARB) of Dallas County is a quasi-judicial body appointed by the Local Administrative District Judge of Dallas County. Members are charged with the function of providing an impartial review of the appraisal records prepared by the Appraisal District. The ARB is empowered to equalize values of all properties in the District in relation to fair market value and hear taxpayer appeals through scheduled hearings for those that dispute their appraised value. The ARB members do not work for the Appraisal District, but rather, arbitrate between the property owners and the District in order to determine market value.

The ARB is comprised of one hundred ten (110) members who hold office for terms of two years beginning January 1. To serve on the ARB, you must have lived in the area served by the appraisal district for at least two years before taking office. Other restrictions may and do apply. Members are compensated up to $175.00 per day for service.

Appraisal Review Board hearings normally begin in the first of May and conclude by the end of July. Supplemental hearings will continue once a month during the remainder of the year. You may be required to work eight hours per day for an extended period of time and some Saturdays during this time period.

Please contact the Dallas Central Appraisal District, 2949 North Stemmons Freeway, Dallas TX 75247 @ 214-631-0520 to receive an ARB Eligibility Questionnaire. You may also email your request or any questions to TaxpayerLiaisonOfficer@dcad.org.


CPE Opportunities



DECEMBER 11TH 11:00 A.M. TO 3:00 P.M.





A qualified plan provides current tax savings and can build wealth for tomorrow.

▪ Contributions are tax deductible ▪ Plan earnings grow tax deferred ▪ Tax-free insured death benefits ▪ Savings for retirement ▪ Generally protected from the claims of creditors ▪ Enhances employee loyalty ▪ Helps attract and retain quality employees



Accumulated qualified money is subject to ordinary income taxes when distributed during lifetime or at death. Required minimum distributions are required at age 70 ½.

▪ Reduce tax bill 25% or more ▪ Remove money from RMD requirements ▪ Leverage for increased benefits ▪ Reposition money for tax-free growth ▪ Reposition money for tax-free income


PLEASE RSVP TO: brasel@northbeamfinancial.com

Include: Name, address, phone and email



TXCPA Chapter Tip Sheet


Want CPE on YOUR Schedule? Purchase a TXCPA Passport for $199

Looking for convenient access to quality CPE courses at a great value? Our new TXCPA Passport is for you! This one-year subscription to on-demand programs is available at a special low price of just $199 for members. Over 160 credit hours are available in one- and two-hour programs on topics including tax, accounting, assurance, not for profit, fraud and more! Purchase a passport.


Accounting Career Education (ACE)

Plans are underway for another successful year of accounting career education. Individual members are encouraged to speak to classes or participate in career fairs. TXCPA offers free classroom materials, talking points and giveaways for students.

Please be sure to let your chapter know about your activities so that efforts are coordinated for maximum effectiveness.

For information about TXCPA’s ACE program, contact Bryan Garza (phone 800-428-0272 x 255 / 972-687-8555).


It’s Not Too Late to Live the Good Life You Deserve

There is help! It’s not too late to live the good life you deserve. We’re glad to assist CPAs, CPA candidates and students who want to know whether they might have a problem and talk about solutions. We’ll help you locate the professional resources you need to improve your life. Call the Accountants Confidential Assistance Network at 866-765-2226 or visit us online to learn more.