Archive for May 2018
Gross Margin Analysis: What to Consider after You’ve Figured Profitability
“Am I making money on what I’m selling?” For a quick, reliable answer to this deceptively simple question, conduct a gross margin analysis. This reality check can reveal early warning signs that a more detailed assessment is needed and when it’s not. Gross margin is the difference between what you’re paid for a unit of…
Read MoreThe 12 Areas of Federal Grant Compliance
When designing or improving your organization’s internal controls over federal grant compliance, it’s helpful to always have an auditor’s perspective. Understanding what your auditor is looking for in a Single Audit can help you develop better processes. The Compliance Supplement, or “The Supplement,” is a yearly publication by the Office of Management and Budget that…
Read MoreAs DoD Relies on Indefinite-Delivery Contracts, So Must Contractors!
The General Accountability Office (GAO) recently determined that approximately 40% of DoD obligations in fiscal years 2015 through 2017, averaging more than $100 billion per year were obligated under DoD awarded Indefinite-Delivery contracts. Roughly two-thirds of the obligations were awarded to winners of single-award Indefinite-Delivery contracts. The other third totaled over $34 billion in 2017 and…
Read MoreM&A Shop Talk- When Asked to Take Paper in the Deal, Don’t Worry
The passing of the 2017 tax reform, the “Tax Cuts and Jobs Act,” will certainly intensify the pressure for maximum consideration deals that require leverage financing to make the numbers work. So, if you want a maximum deal, you might not be able to fully cash-out. There are three possibilities for an S Corporation target…
Read MoreBeyond Facebook, Here’s How Restaurants Can Use Social Media to Bring in Customers
You may not realize it, but all those food posts on social media are powerful brand endorsements. As a restaurant owner, you can maximize the impact of your establishment’s social media presence beyond Facebook and Instagram by beefing your Yelp profile and staying engaged with your customers online. “Word of mouth has turned into word…
Read MoreOpportunity Zones Yield Big Capital Gains Savings
A new federal program will soon allow investors to save big money on capital gains taxes — if they’re willing to take a risk on economically depressed areas and lock up investments for 5 years or more. State governors nominated up to 25% of their low-income community census tracts for federal Opportunity Zone status, and…
Read MoreTINA & CAS Thresholds Increased to $2 Million
The Truth in Negotiation Act (TINA) currently requires offerors to certify that accurate, current and complete cost or pricing data was disclosed to the government for negotiated procurements valued at $750,000 or more. Failure to disclose accurate, current and complete cost or pricing data means the contractor has filed a false certification and they may be…
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