By Ian Shapiro, BDO As U.S. trade policy decisions continue to dominate headlines, the uncertain future of high-demand import prices has business leaders and lawmakers anxious….
Read MoreBy Tammy Ricciardella, CPA Nonprofit organizations with calendar year ends are working to implement the provisions of Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic…
Read MoreBy Susan Friend, CPA The Governmental Accounting Standards Board (GASB) Statement No. 89 (Statement), Accounting for Interest Cost Incurred before the End of a Construction…
Read MoreThe U.S. government created the Uniform Guidance to help streamline the process by which nonprofits and other governmental entities apply for and receive federal funding….
Read MoreTax-exempt and certain governmental entities, as well as their for-profit entities, may need to pay an excise tax on executive compensation and parachute payments in…
Read MoreOther Transaction Agreements, referred to as OTAs in the government contracting arena, are all the rage for government contractors—newcomers and veterans alike. In this article,…
Read MoreGovernment contractors should be prepared to see an increase in focus on business system reviews by the Defense Contract Audit Agency (DCAA) and the Defense…
Read More
By Marc Berger On July 16, 2018, the IRS released Revenue Procedure 2018-38, modifying the information reported to the IRS by certain tax-exempt organizations on their…
Read More
BMSS, LLC
All contents ©2023 BMSS, LLC All rights reserved.