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BMSS Presents: Year-End Tax Planning Webinar
Please join us as we discuss tax planning strategies for you to consider as the end of 2021 approaches. Through our membership in the BDO Alliance USA, we are very
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TARIFFS SPARK FEARS OF RISING CONSTRUCTION COSTS: COULD INVESTMENT IN TECHNOLOGY BE THE ANSWER?
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. Earlier last year, President Trump
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Lessons Learned From Implementing ASU 2016-14 – Functional Expenses
By 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 958): Presentation of Financial Statements
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GASB Simplifies Accounting for Capitalized Interest
By Susan Friend, CPA The Governmental Accounting Standards Board (GASB) Statement No. 89 (Statement), Accounting for Interest Cost Incurred before the End of a Construction Period, which is effective for
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The Uniform Guidance – Five Years and Counting
The 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. Though the Uniform Guidance can
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2019 BMSS Government Contracting Summit
Please join us for our annual Government Contracting Summit that will feature various subjects such as DCAA hot topics, accounting system requirements and types of DCAA/DCMA audits as well as
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IRS Answers Many Questions on New 21% Executive Compensation Tax
Tax-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 excess of $1 million per
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Other Transaction Agreements – Practical Knowledge for Stepping in the Growing Government Sandbox
Other 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, BDO’s Government Contracts National Co-Leader
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Government Contractors: Expect an Uptick in Business System Reviews
Government contractors should be prepared to see an increase in focus on business system reviews by the Defense Contract Audit Agency (DCAA) and the Defense Contract Management Agency (DCMA) in
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Significant Rule Change for Tax-Exempt Organizations Reporting Donor Information
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 annual Form 990 or Form
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