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Interview With Emily Moran from Beeswax

Growth in the technology industry is always on the forefront of companies’ minds. And while no two growth paths look the same, a lot of tech companies are looking to M&A transactions to support their expansion. But what does it actually take to undergo a merger? Withum’s Melissa Roth sat down with Emily Moran of…

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digital advertising campaign
Digital Ad Campaign Management Platform Receipts are Taxable as Software Sales

The New York State Department of Tax and Finance Office released an Advisory Opinion on June 30, 2020 that granting access to a digital advertising platform to create, deliver and manage its own digital advertisements and to track the placement and exposure of those advertisements through an advertising campaign management platform is subject to New…

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tech sector
ASC 606: How To Tackle Gross vs. Net Reporting for Adtech

In 2014, the Financial Accounting Standards Board (“FASB”) released a pronouncement that completely revamped revenue recognition and reporting as well as some of its associated costs. Effective for private companies with fiscal years ending after December 15, 2018 and for public companies with fiscal years ending after December 15, 2017, this standard has caused adtech…

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How Tech Companies Deal With Software Development Costs: Insights From a CPA

In the world of startup/emerging growth technology, there is a reoccurring accounting question that inevitably requires serious consideration: should I be capitalizing my software development costs, or should I expense them all or a portion of them? If you are also asking this question, take comfort in that determining whether to capitalize software costs is…

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