Many business owners only consider the value of their company when they begin planning their exit strategy, but by then it may be too late to significantly impact value in a positive way. There are also many circumstances that could require an owner to sell or transition the business sooner than expected. If you know...Continue Reading

Legal and Accounting Perspectives In an ever-growing competitive environment, companies are looking for aggressive advantages. Often proposal strategies will require working with other companies to combine past performance, expertise and customer relationships. There are many opportunities when working with another company such as teaming agreements, joint ventures, and subcontract arrangements.  Last month, Jack Zoesch, Beggs and Lane, and Brandon...Continue Reading

The US Financial Accounting Standards Board (FASB) new lease accounting standards has brought about many questions for companies that outsource production or logistics, including manufacturers and distributors. Here are some of the key considerations in evaluating supply arrangements to identify any contractual relationships. These relationships can impact bookkeeping and financial statement reporting going forward. In...Continue Reading

Winning the business while maintaining profitability is a fine art in pricing your goods or services. Knowing if your pricing is competitive isn’t always easy. This is an area of financial management that often isn’t reviewed enough to support good cash flow and competitive bidding. Here are some signs of low pricing and how to...Continue Reading

Deltek recently released their Deltek Clarity Government Contracting Industry Study for 2019. This is the 10th annual study from Deltek and it continues to prove insightful for government defense contractors. The survey outlined that government contractors are seeing more growth opportunities in the prior year and forward looking. They also address challenges the industry is...Continue Reading

It’s hard to believe that about 18 months have passed since President Trump signed into law the Tax Cuts and Jobs Act (TCJA)—the largest major tax reform in over three decades. As the IRS continues to release guidance on the new law, we discover tax planning opportunities that could put more cash in your pocket....Continue Reading

The design of our rocket for the Rockets on Parade event at the U.S Space & Rocket Center was a collaboration of many people at the firm. We developed a Rocket Committee that consisted of 11 people from our firm to conceptualize a design. The committee considered a number of themes before finally settling on...Continue Reading

For businesses that serve government entities and departments, the National Institute of Standards of Technology (NIST) implemented sweeping changes to standards on data security compliance at the end of 2017. But very few companies are in compliance, and when the government enforces these standards it may be too late to catch up. Data security is...Continue Reading

We won an Association for Accounting Marketing – Marketing Achievement Award last night at the AICPA Engage conference! After working with Ingenuity Marketing Group on a successful new logo launch and visual rebrand, we worked together to develop an integrated public relations plan to support the merging in of Pensacola-based Bloomer, Geri & Company. The...Continue Reading

Gary Anglin, Managing Partner at Anglin Reichmann Armstrong, attended the AICPA G400 event in May. The AICPA separates the country’s 100 largest CPA firms into a separate group called the Large Firm Group. The G400 represents the next 400 largest firms in the United States. This second tier of CPA firms represent the CPA firms...Continue Reading