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
Many companies may not realize their full federal—or state—R&D tax credit eligibility due to factors such as outdated understanding of the tax law or lack of ongoing monitoring of qualifying activities throughout the tax year. With tax reform, it’s time to revisit this incentive for your company’s research and development activities. Over the past year,...Continue Reading
There are a variety of adjustments that can impact financial bookkeeping and financial statement reporting. When these adjustments are not made on a monthly basis, it can be a nightmare at year-end, but more importantly the business does not have an accurate picture of revenue and liabilities. Without an accurate picture, the business can’t plan...Continue Reading
Government contractors that enter into cost reimbursement or time and materials (T&M) contracts may need to submit an incurred cost submission (ICS) to the Defense Contract Audit Agency (DCAA). Small businesses and subcontractors can clarify this process by working with an accounting firm experienced in government contracting financial reporting like Anglin Reichmann Armstrong. Over the...Continue Reading
AICPA Partners with CPA Firms on New Diversity Program for Students Anglin is pleased to be one of the five firms selected to participate in the PCPS George Willie Ethnically Diverse Scholarship and Internship program. It is an incredible opportunity for students and we look forward to having one of the recipients intern with us in...Continue Reading
