Advisory
ASC 606 Revenue Recognition Series: Identifying the Contract with the Customer (Part II)
In ASC 606: Revenue from Contracts with Customers (ASC 606), the Financial Accounting Standards Board (FASB) established a five step…
GSA Whistleblower Vindicated, FAS and TTS Realignment, and Politics – Not as Usual?
Shakeups in the management of the General Services Administration (GSA) continue to cascade and make waves. In early July, the…
Accounting for Development Costs of Internal Use Software
Internal use software is software that is acquired or internally developed to meet an entity’s internal needs. These internal needs…
M&A Shop Talk: Tax Planning Using One-Day Note Concept Application
An S corporation selling shareholder should always evaluate whether the “one-day note” obligation planning concept will achieve federal and state…
Valuation Drivers: KEYW’s $235M Acquisition of Sotera Defense Solutions
The federal market is a prime example of an industry where companies have turned to inorganic strategies to drive growth….
Why Transactional Data Reporting Will Likely Cost Most GSA Schedule Holders More than the Price Reduction Clause
On June 23, 2016, the General Services Administration (GSA) released the final rule launching its highly anticipated – and controversial –…
GSA Moves Forward with the Implementation of the new Formatted Product Tool (FPT)
The Formatted Product Tool (FPT) has been established to assist GSA contracting officers in their evaluation and negotiation of all…
M&A Tax Shop Talk – “F reorganization” Part II
Still thinking about selling your business? Do you have the proper techniques and structures in place? Generally, one of the…