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Software & SaaS Companies

Software as a Service (SaaS) companies face revenue recognition and cost capitalization issues, state sales and use tax questions, and a host of other complex challenges. Armanino has the real-world experience and technical expertise to meet their specialized needs. We help clients swiftly solve immediate problems and clarify the long-term strategies required to manage change and grow their business.

What We Do

We help SaaS companies at all growth stages, from startup to IPO and beyond, find the smartest solutions to their unique tax, accounting, audit and strategic needs. Our team includes experienced CPAs and former CFOs who have worked for technology companies, so we know firsthand the challenges these businesses face.

Our experts help clients expand domestically and internationally. We have specialized experience in international tax structuring, cross-border transactions, merger and acquisition integration, transfer pricing and global earnings mobility strategies.



We can organize an efficient and cost-effective audit or review, ensuring that financial statements display accurate and meaningful results.


We have extensive experience with the complex tax issues that impact SaaS companies. Our tax experts provide filing guidance and help clients address key concerns and identify strategic tax-planning opportunities.


Armanino’s experienced team leverages the scalability, flexibility and open API architecture of our best-of-breed solutions to overcome the unique challenges faced by SaaS and software companies of all sizes and complexities. We’ve provided IPO readiness support, Sarbanes-Oxley (SOX) compliance and a variety of financial and tax consulting services to 9 of the last 18 Silicon Valley companies to file for IPO or go public in 2013.With Armanino’s ERP, CRM, business intelligence, equity administration and budgeting solutions, as well as our CFO Advisory consulting services, you can streamline your quote-to-cash process, manage revenue recognition, simplify subscription billing and gain greater insight into your bookings, billings and backlog. Learn more about Armanino’s software & SaaS industry consulting expertise.

    Our Team


    QuickStart Assessment Service

    Armanino Technology Assessment Services provide a holistic review of your current business systems and needs, including people, processes and technology.

    Update on Equity Crowdfunding

    It's been nearly a year since the SEC began allowing private companies to raise funds from everyday investors. Here’s where things stand so far.

    Icontrol Gets Fast, Flexible Planning and Reporting with Adaptive Insight

    Smart tech company Icontrol found an easier, faster and more secure financial reporting and analysis solution in Adaptive Insights. Total confidence in the numbers in just 30 minutes.

    Dexter + Chaney Deploys Intacct and Shortens Close by 10 Days

    Leading construction SaaS company eliminated manual processes by partnering with Armanino to deploy a Intacct and integrate with key business solutions, including Salesforce.

    Material Weakness: Causes, Prevention & Impact on Audit Fees

    Two years after the material weakness disclosure, audit fees in our study were 64% above the average fees of $599 per million of revenue. Gain best practices to a ...

    This summary of when various tax-related forms, payments and other actions are due will help you make sure you don’t miss any important 2017 tax deadlines.

    Simple Processes Can Strengthen Cybersecurity

    As the risk of a hack continues to rise, smaller organizations can protect their sensitive data by implementing some simple and inexpensive cybersecurity processes.

    WebAssign Chooses Adaptive Insights for Faster, More Accurate Budgeting & Forecasting

    Online instructional system WebAssign selects Adaptive Insights with Armanino for faster, more accurate budgeting & forecasting and to improve finance collabo ...

    Tech Company Gets Clean SOX Opinion and SEC Reporting with Armanino

    Fast-growing tech company received a clean SOX opinion with no technical accounting issues and timely SEC reporting for better insights and future reporting requirements with Armanino’s GRC team.

    SaaS Companies: When to Capitalize Costs

    Our 2016 survey of 90 public SaaS companies includes excerpts from their development and sales commission accounting policy footnotes. We show both the trends and the disparity in practic ...

    Armanino’s Q3 Enterprise Application Software Industry Update

    This quarterly update is a window into the insight our team has developed through multiple M&A, divestiture and strategic partnering transactions for closely-held businesses across mo ...

    Armanino’s Q3 Enterprise Infrastructure Software Industry Update

    This quarterly update is a window into the insight our team has developed through multiple M&A, divestiture and strategic partnering transactions for closely-held businesses across mo ...

    Revenue Recognition Standard: Ready, Set, Implement

    The new-and-improved revenue recognition rules go live in 2018 for calendar-year public companies. The time to begin implementation is upon us.

    Your guide to avoiding risk and simplifying the CRM evaluation and implementation process.

    There’s No Going Back: Employee Share-Based Payment Accounting

    On March 30, FASB published ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting, which amends ASC 718. We discuss the changes and why you should partner with an expert.

    Are You Prepared for the New Revenue Recognition Rules?

    U.S. companies and their auditors have a lot of work to do before the new rev rec rules go into effect. We review what’s happened over the last two years—and the details that ...

    The CFO’s 10-Step Guide to Sleep the First Year after Ringing the Bell

    High growth entities should view IPO readiness not as a single, defining event, but as the CFO’s opportunity to create additional valuein the company lifecycle.

    Amending the Goodwill Impairment Test: A Focus on Tech

    FASB recently approved plans to simplify the goodwill impairment test. If finalized, it will be the second change since 2011. We explain the ramifications for tech companies.

    How to Lay the Groundwork for Your IPO

    Finance leaders who have been through the process say that as CFOs drive the private-to-public transition, they need ...

    The Hidden Costs of Poor 409A Compliance

    A guide for CFOs and their boards to understanding why quality 409A valuation compliance is important and cost-effective.

    What it Takes to Move to the Cloud

    Cloud-based applications can help finance leaders focus on their core work, but they first have to build a strong business case and ...

    Building the Business Case for an ERP System

    There’s no standard rule-of-thumb, such as reaching a certain head count, that dictates when a company needs to implement an E ...

    Cybersecurity: Cloud Users Need to Re-examine Their Digital Defenses

    To protect themselves and their clients in an increasingly interconnected world, business leaders need to rethink the ...

    The ROI of CRM: A Tactical Guide to Project Justification & Building Value.

    A step-by-step guide to illustrating the value of your next CRM project.

    What it Takes to Move to the Cloud – EVOLUTION Panel of Finance Leaders

    To make the business case for cloud technology, finance leaders need to quantify benefits in terms of direct savings on hardware, as ...

    Vendor SOC Audits Are Critical for Hybrid Cloud Users

    As companies move to the hybrid cloud, they must make sure their cloud vendors are following secure procedures for the services they provide.

    SCOTUS same-sex marriage decision has tax implications for couples and their employer ...

    On June 26, the Supreme Court issued a landmark 5-4 decision on same-sex marriage, which will affect tax and estate planning for many couples and also impact their employers.

    FASB Delays Landmark Revenue Recognition Standard

    On July 9, 2015, the FASB officially deferred implementation of the landmark global revenue recognition accounting standard by one year; IASB followed suit on Jul ...

    Leveraging SOC Reporting to Build Customer Confidence

    SOC compliance requires time and effort, but it also provides an opportunity for service organizations to differentiate themselves in their marketplace.

    SCOTUS upholds premium ACA tax credits for coverage purchased on federal exchanges

    On June 25, the Supreme Court upheld the ACA’s premium tax credits for qualifying taxpayers, whether they purchase coverage through a federal or a state exc ...

    SaaS Rev Rec Principles: How to Treat Setup and Implementation Fees

    Our survey of 70 public SaaS companies includes excerpts from their revenue recognition accounting policy footnote, and their policy for recognizing non-subscription service revenues.

    SaaS Companies: When to Capitalize Costs

    Our survey of 80 public SaaS companies includes excerpts from their software development and sales commissions accounting policy footnotes as well as trends in capitalization models.

    Outsourced Finance and Accounting

    Our FMO specialists have worked with hundreds of private businesses and nonprofits over the past two decades. Armanino provides outsourced finance, reporting, accounting and tax services.

    Avoiding a Scalability Crisis

    Analyze the steps software/SaaS companies take to create the optimal back-office foundation for meetin ...

    SaaS & Software Companies

    This guide provides information on enabling and optimizing key business processes for SaaS & software companies with "best of breed" cloud solutions.

    Building the Business Case for a New ERP System

    Written for CFOs, Controllers and business technology decision makers, this white paper provides a 3-step process to convincing your stakeholders to invest in a new ERP system.

    SteelBrick Moves Up to Intacct to Support Global Growth Trajectory

    A growing software company turned to Intacct with a seamless Salesforce integration to break free from the constraints of QuickBooks and improve real-time reporting and data visibility.

    Global SaaS Company Streamlines Stock Option Administration Process

    Combining easy-to-use software and outsourced equity support enabled GT Nexus to streamline its stock option administration to save time, improve reporting, and increase the accuracy of stock option accounting.

    Scopix Solutions Uses Armanino’s Outsourced Finance & Accounting

    Technology software firm turns to Armanino for Outsourced Finance & Accounting to manage rapid growth in the cloud, connecting bank accounts, invoicing customers and managing cash flow.

    Work Opportunity Credits & Tangible Property: What Businesses Need to Know

    The IRS recently released guidance on two major areas affecting businesses—the Work Opportunity Tax Credit (WOTC) and the tangible property regulations, and ...

    Small Employers Get Transition Relief from ACA Excise Tax Penalties

    The recently released ACA transition relief period for small employers (those with fewer than 50 full-time equivalent employees) includes 2014 and the first six m ...

    3 Steps to Help Mitigate Digital Risk

    Cyber attacks happen across all industries, to companies of all sizes. CFOs need to build and maintain an effective cybersecurity strategy to mitigate digital ris ...

    New Guidance Clarifies Internal Use Software Eligibility for R&D Credit

    The IRS and Treasury proposed regulations that provide a definition of software developed primarily for internal use and describe software not developed primarily ...

    Employers with medical reimbursement plans need to review them to ensure they don’t accumulate heavy tax penalties from noncompliance with Affordable Care A ...


    Recent FASB guidance simplifies the way private companies account for some intangible assets in a business combination.

    New Filing Requirement for California Like-Kind Exchanges

    California’s new filing requirement for like-kind property exchanges made under IRC Section 1031 covers like-kind exchanges that occur in tax years beginnin ...

    How-to Guide: Walking your Board through a 409A Valuation

    To avoid expensive tax liability for your privately-funded company, and more importantly, your employees, ensure your Board of Directors has the tools to properly understand the valuation process.

    Businesses, Individuals Benefit from Latest Tax Relief Extender Law

    On Dec. 16, the Senate passed the Tax Increase Prevention Act of 2014 (TIPA), a stopgap measure that retroactively extends certain tax relief provisions through Dec. 31, 2014.

    FASB Issues ASU on Pushdown Accounting

    On November 18, FASB issued Accounting Standards Update (ASU) 2014-17, giving an acquired entity the option to apply pushdown accounting when there is a change-of-control event.

    What’s Your Audit Fee-to-Value Ratio?

    Consistently, we find public companies are overpaying for their national and Big 4 auditors, but receiving lower-quality audits. Where do your fees fall?

    SSARS 21 Accounting Update - Armanino

    AICPA has issued SSARS No. 21, which will help differentiate between when an accountant performs a compilation, engagement or prepares financial statements.

    Crowdfunding and the JOBS Act

    The law was seen as a game-changer for startups, but things haven’t quite gone according to plan.

    CFO Assessment Services

    As your business expands and evolves, investing in an evaluation of your people, process and technology infrastructure is a valuable way to prepare for future growth.

    Sales and Use Tax: An Integral Part of Any Corporate Tax Function

    Sales tax is a tax on the sale at retail of tangible personal property and certain enumerated services. Leases generally fall within the definition of taxable sales. Use tax is a tax on the storing, using, co ...

    Marketo Scales Business with Armanino’s Intacct-Coupa Integration Pack

      trends and insights

    XBRL Advice for Non-Accelerated Filers

    XBRL, a financial reporting format the Securities and Exchange Commission started enforcing for large companies two years ago, is now due to be implemented for the remainder of public companies.

    Managing Your Stock Plans Internationally

    When devising a global equity plan, U.S. multinational companies should employ a combination of administrative, financial, and legal resources to assist in building a framework that meets  ...


    Long-awaited FASB, IASB guidance significantly changes revenue recognition in financial statements.

    San Francisco Business Tax and Fee Changes Start in 2014

    San Francisco voters approved complex and sweeping changes to the city’s business tax and annual business registration fees, via Proposition E.

    FASB Revises Reporting Requirements for Discontinued Operations

    The Financial Accounting Standards Board (FASB) has issued guidance that lays out new rules for financial reporting on discontinued operations.

    FASB Provides Private Company VIE Alternative for Leases

    FASB has issued new guidance that permits private companies following GAAP to, in some circumstances, elect not to consolidate the financial reporting from variable interest entities that lease propert ...

    IRS Releases Latest Rules On ACA Reporting

    The IRS has released a combined reporting form and simplified reporting methods to comply with recent ACA requirements.

    Final FATCA Regs Remind Individual Investors of Reporting Requirements

    The U.S. Department of the Treasury and the IRS have issued what is expected to be their final significant package of regulations implementing the Foreign Account Tax Compliance Act.  

    2014 Tax Calendar

    To help you make sure you don’t miss any important 2014 deadlines, we’ve provided this summary of when various tax-related forms, payments and other actions are due for individuals, employers, businesses and others.

    FASB Provides Alternatives for Companies on Accounting Principles

    FASB has issued two updates to Generally Accepted Accounting Principles that are intended to reduce the cost and complexity of preparing financial statements for private companies.

    FASB, PCC Finalize Framework for Private Company GAAP Exceptions

    FASB and the Private Company Council released new guidance that will steer their decisions related to reducing the complexity and costs of preparing financial statements for private companies that follow GAAP.

    Global Expansion Top Tax Considerations for CFOs

    CFOs seeking to gain a more strategic leadership role need to take charge of tax planning - one of the most important issues companies need to consider when expanding.

    A Guide to Resolving Sales Tax Exposure for the pre-IPO Cloud CFO

      trends and insights

    IRS Update: Final Rules on Investment Income and Medicare Tax

    On Nov. 26, the IRS issued final regulations addressing the 3.8% net investment income tax and the 0.9% additional Medicare tax under the Affordable Care Act.

    Tax and Cost-of-Living Adjustments for Individuals

    On October 31, the IRS released most cost-of-living adjustments for 2014.

    IRS Issues Sweeping Rules on Owning Tangible Property

    The IRS released its highly anticipated final regulations regarding the deduction and capitalization of expenditures incurred to acquire, maintain and improve tangible property.

    Deadlines Extended for Foreign Account Reporting Requirements

    The Treasury and the IRS announced deadline extensions for some of the requirements in the final regulations implementing the Foreign Account Tax Compliance Act.

    Effective Date for ACA Reporting Pushed Out One Year

    The IRS has issued guidance on the recently announced delay in implementation of the Affordable Care Act’s information-reporting provisions and its employer shared-responsibility provision.

    Supreme Court’s Decision Provides Many Same-Sex Couples Tax Savings

    The U.S. Supreme Court’s decision in United States v. Windsor means that many same-sex married couples will be treated as married for federal tax purposes. 

    Supreme Court: Decision Affects Tax and Benefits for Same-Sex Married Couples

    On June 26, the U.S. Supreme Court issued two landmark decisions that could dramatically affect tax and estate planning for same-sex married couples.

    Non-GAAP Businesses Get New Option for Financial Reporting

    The AICPA announced a new option for small business financial reporting, which is intended to ease reporting for smaller, privately held, owner-managed businesses that aren’t required to abide by GAAP.

    Timing of Bonus Compensation Deduction

    While it is widely understood that to obtain a tax deduction for a bonus compensation accrual the amount must be paid within two and a half months following the close of the tax year, the requirement that it also be fixe ...

    Report of Foreign Bank and Financial Accounts Impending Filing Deadline

    The purpose of this tax article is to draw your attention to a potential filing requirement with respect to Form TD F 90-22.1, “Report of Foreign Bank and Financial Accounts” (“FBAR”), which must ...

    Similar to the taxation of downloaded software 15 years ago, states are adapting or altering their taxing regimes to keep up with the evo ...

    Sequester Cuts Take Effect

    On Friday, March 1, President Obama signed an order required by law to set into motion the automatic federal government spending cuts known as the “sequester” which could have sweeping effects across a var ...

    IRS Expands Relief Program for Employers with Misclassified Worker

    In 2011, the IRS launched the Voluntary Classification Settlement Program (VCSP) that allows eligible employers to voluntarily reclassify workers as employees, rather than independent contractors, for future tax periods.

    Employers, Are You Planning for the Health Care Mandate?

    If your business has not evaluated its potential costs related to the employer health care mandate, do not delay any longer. 

    Failure to Plan for the Health Care Mandate Can Cost Big $$$

    Starting in 2014, employers can be subject to significant penalties if health care plans don’t “measure up” based on the ACA’s standards.

    FASB Clarifies Disclosure Requirements for Offsetting

    The Financial Accounting Standards Board (FASB) recently issued guidance clarifying which types of transactions will be subject to enhanced disclosure requirements for companies that offset assets and liabilities on thei ...

    FASB Exempts Private Companies from a Fair Value Measurement Disclosure

    The Financial Accounting Standards Board (FASB) recently issued guidance clarifying the applicability to nonpublic entities of a certain disclosure requirement regarding the fair value of assets and liabilities.

    How the Fiscal Cliff Deal Affects Your Financial Statements

    The American Taxpayer Relief Act of 2012 (ATRA) preserved lower income tax rates for most individual taxpayers and made many other income and estate tax law changes. It also extended a number of business tax breaks. LEARN MORE » 

    IRS Provides Guidance for New 3.8% Tax on Net Investment Income

    Recently, the IRS issued proposed regulations regarding the new 3.8% net investment income tax (NIIT, also known as the Medicare contribution tax) that was created by the Health Care and Education Reconciliation Act of 2 ...

    Rimini Street Saves Time and Achieves Industry Leading Renewal Rates with Dynamic Ins ...

    What can true analytics and reporting do for you? Read our case study and learn how Rimini Street is using Dynamic InsightsSM to shorten its monthly close process and achieve weekly forecasting, giving ...

    Imagine There’s No Excel

    With the rise of analytics and Big Data, replacements for Excel are proliferating and CFOs of companies large and small are beginning to pay attention.

    Adaptive Reporting

    Adaptive Planning and Adaptive Consolidation deliver powerful interactive reporting as a standard feature. No programming or special skills are required to use the simple drag-and-drop interface, so users of all kind ...

    Adaptive Planning

    Adaptive Planning is the market leader in cloud-based budgeting, forecasting, and reporting. Take advantage of rich functionality and an easy-to-use interface with the world’s ...

    Adaptive Discovery

    Adaptive Discovery provides visual analytics that empower executives, line-of-business managers, finance and more with timely insight, self-service analysis and reporting, all in the cloud.

    Adaptive Consolidation

    Intuitive, built for the cloud, and easy to use, Adaptive Consolidation enables organizations to consolidate their financials accurately and efficiently with a fraction of the resources required by traditional enter ...


    Discover the advantages a best in breed cloud financials software package offers.

    The CFOs 5 Step Guide to IPO Execution

    The CFO needs to assess all of the different areas that need to be improved—and sometimes there are some large holes—in order to ensure they are prepared to tackle this major change in their business.

    Treasury and IRS Release Final Rules on Foreign Account Reporting

    The U.S. Department of the Treasury and the IRS have issued comprehensive final regulations implementing Foreign Account Tax Compliance Act (FATCA) information reporting provisions.

    Deadline for Foreign Asset Reporting Extended for Some Filers

    The U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) announced the fourth in a series of deadline extensions for certain required filings in relation to foreign assets.

    IRS Releases Guidance on Health Care Act’s “Play or Pay” Provisions

    The IRS has issued extensive proposed regulations implementing the employer-shared responsibility provisions, also known as “play or pay,” of the Patient Protection and Affordable Care Act of 2010.

    2012 Year-End Tax Planning for Businesses

    Flow-through businesses, which, at least for federal purposes, are subject to individual rather than corporate income tax rates face scheduled income tax rate hikes for 2013.

    As Easy as 1, 2, 3: M&A Goes Smoother with a Financial Expert on Your Side

    Mergers and acquisitions (M&A) transactions can be daunting endeavors for both buyers and sellers.

    Considerations When Donating Appreciated Property to Charity

    The tax law imposes stringent requirements for deducting charitable gifts of property. If you don’t observe all of them, your tax deduction might be reduced or even eliminated.

    Election Results Leave Much Uncertainty About Tax Law Changes

    President Obama’s reelection combined with Senate and House election results that leave both chambers of Congress at nearly the status quo means that much uncertainty about tax law changes remain.

    Expiring Laws, Election Year Complicate 2012 Year-End Tax Planning

    Most 2012 income tax rates are scheduled to increase in 2013, and many tax breaks are set to expire.

    Final Tangible Property Regulations Incoming

    On November 20, 2012, the IRS and Treasury Department issued Notice 2012-73 alerting taxpayers to expect final regulations regarding the deduction and capitalization of expenditures related to tangible property in ear ...

    IRS Releases 2013 Cost-of-Living Adjustments Related to Retirement Plans

    On Oct. 18, the IRS released 2013 cost-of-living adjustments related to retirement plans. The adjustments can enhance your ability to benefit from IRAs and qualified retirement plans such as 401(k) plans and defined bene ...

    Some Clarity After Supreme Court Ruling on the Affordable Care Act

    On June 28th, 2012, the Supreme Court upheld the Affordable Care Act by a 5 to 4 vote, saying that the Act’s requirement that American’s obtain insurance or pay a penalty was authorized by Congress’s po ...

    Top 5 Things Your Tax Advisor Should Have Done

    Checklist: Top 5 things your tax advisor should have done to lower your tax bill.

    On April 5 this year, President Obama signed the JOBS Act into law. The legislation designed to give a new designation of emerging growth companies an easi ...

    Are Your Clients Prepared to Handle a Fraud Disaster?

    Disaster contingency plans enable businesses to protect employees, minimize losses, and get up and running again as quickly as possible.

    FASB Guidance on Impairment Testing for Indefinite-Lived Intangible Assets

    The Financial Accounting Standards Board (FASB) last week issued revised standards for public and private companies on how to test indefinite-lived intangible assets, other than goodwill, for impairment.

    IRS Offers New Guidance on the OVDP; Tax Relief for U.S. Citizens Living Abroad

    The IRS recently issued guidance on its current Offshore Voluntary Disclosure Program (OVDP) and tightened eligibility requirements.

    SEC Staff Issues “Final Report,” but IFRS Decision Still to Come

    On July 13, the staff of the U.S. Securities and Exchange Commission (SEC) issued its final report on the agency’s work plan in relation to International Financial Reporting Standards (IFRS).

    Supreme Court Upholds Health Care Law: What Do Businesses Need To Do Now?

    June 28th’s U.S. Supreme Court ruling has drawn attention to the far-reaching provisions of the Patient Protection and Affordable Care Act of 2010.

    Treasury Releases Model Intergovernmental Agreement On Foreign Asset Reporting

    The U.S. Department of the Treasury has issued a model intergovernmental agreement to implement the information reporting and withholding tax provisions of the Foreign Account Tax Compliance Act (FATCA).

    CFOs Can and Should Lead Innovation Revolution

    Do CFOs see themselves as innovators? They should according to Tapan Munroe, a veteran economist, prolific author and thought leader on innovation. Munroe, who served as chief economist at Pacific Gas & Electric C ...

    Storytelling: A Fundamental Skill of Business Leaders

    Imagine you're CFO of a startup on the hunt for funding and one day you get into an elevator, the doors shut, and you realize you're alone with the head of a well-known venture capital firm. You have maybe 40 seconds ...

    New Software Reduces Risk of Running Over Budget

    CFOs say they want to deploy new leading edge technology, but cite budget constraints as a barrier to obtaining their most desired technology. That's one of the findings from Armanino's 2012 CFO Benchmark Study.

    Evaluating the Hidden Costs in Stock Option Accounting Solutions

    Daily management of a stock option plan can be challenging from an administrative and accounting perspective.

    What the Tech World Needs to Know Today About Crowdfunding

    On April 5, 2012 President Obama signed into law the JOBS Act.  This legislation is one of the most dramatic laws to affect the startup community in many years, affecting SEC registration requirements, Section 40 ...

    Five Mistakes to Avoid when Implementing Equity Management Software

    The success of your equity management software solution relies as much on the implementation process as it does on the technology selection itself.

    16 Questions and Answers to Help with IRS Policies and Procedures

    Now that tax filing season is over, it’s a good time to answer some questions you may have about IRS practices and procedures.

    Financial Accounting Foundation Sets the Stage for Private Company GAAP

    On May 23, after considering numerous public comments, the Financial Accounting Foundation (FAF) approved the creation of the Private Company Council (PCC).

    IRS Issues Guidance on Expanded Work Opportunity Credit

    The IRS released guidance and forms that employers can use to claim a tax credit for hiring veterans that explains the expanded Work Opportunity credit.

    Mixed News on Misclassification of Workers

    Federal and state tax authorities say they lose many millions of dollars in revenue due to the misclassification of workers.

    Now is the Time to Evaluate Your Risk of Material Misstatement

    It can be challenging to stay informed about business regulations and laws, regulations constantly evolve…and so must your business.

    Play by the New Rules: Follow the New Cost Basis Rules When Reporting Stock Sales

    A major change to the “cost basis” reporting rules recently kicked in regarding the amount of information that is supplied to the IRS about investors’ activities.

    Standard Change: FASB and IASB to Issue New Approach to Lease Accounting

    Up until now, accounting for heavy industrial equipment and shipping containers to office copiers and office space has been fairly straight forward but that is changing.

    Leading Change in Process Improvement

    According to Armanino’s 2012 CFO Evolution Benchmark Survey, Bay Area CFOs say the greatest organizational risk facing their companies is the failure to improve operational processes.

    The survey results a ...

    Payroll Tax Relief Extended Through Year End

    In December, Congress was able to pass only a two-month extension of payroll tax relief — on the condition that Senate and House conferees be appointed to work on a full-year extension.

    Revenue Recognition Overhaul Nears Final Phase

    Companies will see significant changes in codes and disclosure rules due to a joint project that will replace the huge body of existing revenue recognition standards with a new single model.

    Treasury and IRS Release Proposed Regulations on Foreign Asset Reporting

    The U.S. Department of Treasury and the IRS have issued sweeping proposed regulations implementing information reporting and withholding tax provisions for foreign financial institutions (FFIs).

    Shining for Your Board

    Are you a value creator or a score keeper? Okay, maybe both, but CFOs have indicated through our annual benchmark study that they’d like to spend much more of their time creating value. They also indicated they&rsq ...

    For Major IT projects, It's All About Scope

    If you're a CFO who manages IT and you have a project on the horizon, you're probably aware that most major IT projects run over budget and time - sometimes way over. Comprehensive IT initiatives touch so many functio ...

    IRS Offers Employers a Break on Misclassified Workers

    The IRS has announced a new program that allows eligible employers to voluntarily reclassify workers as employees, rather than independent contractors, for future tax periods.

    Benefitting the Kids and Charity with One Powerful Strategy

    For an individual searching for a powerful wealth transfer device and a charity searching for current cash flow, now is the perfect time to utilize a Charitable Lead Annuity Trust (CLAT).

    Congress Repeals 3% Withholding, Provides Tax Incentives for Hiring Veterans

    There’s no question that the struggling economy has had a negative impact on the value of many businesses and investments. But it also influences the business valuation.

    High-Growth Companies Focus on Cloud Software & Staff Outsourcing

    High growth companies are focused on new products, building revenue and expanding, leaving little time or inclination to manage back office operations. 

    SaaS and Other Cloud Providers Potentially Affected by Recent Rule Changes

    State legislatures seeking new tax revenues in the down economy are again focusing on sales/use taxes. However, less noticed has been the states’ increasing taxation of Software as a Service (SaaS) and other &ld ...

    New Business Intelligence Tools Can Help You Outperform Your Peers

    An article in Forbes magazine recently noted that the collection and analysis of data is becoming a "key way for leading companies to outperform their peers." We think that nothing could be truer. The more refined and ...

    IPO Readiness: Why Now?

    Getting your company ready for an IPO isn't easy, nor is it cheap; in fact, it's disruptive and takes people out of their comfort zones. But that's exactly why you should consider preparing for the IPO well in advance ...

    Budget Control Act Increases the Debt Ceiling, Excludes Tax Law Changes

    Just in time to prevent the country from defaulting on its financial obligations, Congress passed and the president signed the Budget Control Act of 2011.

    “Fair Value” in a Troubled Economy

    There’s no question that the struggling economy has had a negative impact on the value of many businesses and investments. But it also influences the business valuation process itself.

    IRS Beefs Up Staff - Audits on the Rise

    In an aggressive move to close the tax gap — the difference between tax owed and what is actually paid to the federal government — the IRS has increased its ranks significantly, hiring 1,500 additional new ...

    Will Private Companies Get Their Own GAAP?

    The Financial Accounting Foundation (FAF) — parent organization to the Financial Accounting Standards Board (FASB) — will soon decide whether to adopt recommendations made earlier this year by a blue-ribbo ...

    Reducing the Budget Risks

    As Saver-in-Chief of your organization, you as the CFO know exactly where the dangers to the corporate budget lurk.

    Your business might be labor-intensive (like a law firm) or asset intensive (like a leasing co ...

    Is it Time to Review Your International Tax Strategy?

    We think it’s time for CFOs to re-evaluate their international tax strategy. Here’s why:

    Concerned that it may be leaving tax revenue on the table and driven by a new set of laws designed to close t ...

    Technology CFOs Look at how to Get the Deal Done

    Deal volume in the U.S. M&A market continues to rise in 2011 with across the board volume up 16.4% through May on a rolling 12-month basis. Similarly, aggregate M&A spending was $91.2 billion in May, the secon ...

    CFOs are Ideal Leaders for Transformative Change

    For executives at startup companies, maintaining open channels of communication between departments is often as easy as walking down the office hallway to ask a question.

    But as companies grow in size and dispe ...

    A Look at Cloud Computing: Risks and Rewards

    Cloud computing is all the rage these days, but what does this new trend really mean for your business?

    Congress Repeals Expansion of Form 1099 Reporting

    Congress has repealed provisions in last year’s Patient Protection and Affordable Care Act (PPACA) and the Small Business Jobs Act (SBJA) that expanded the mandatory filing of Form 1099.

    FASB Issues New Standards for Fair Value Measurement and Disclosures

    In conjunction with the International Accounting Standards Board (IASB), the Financial Accounting Standards Board (FASB) on May 12 issued new standards for public and private companies on fair value (FV) measurement a ...

    The Return of a Stable Economy Could Pose New Business Risks

    The markets are up. Companies are hiring again. And while it’s good news that earnings and profitability are up, for many companies there are still headwinds and concerns in the marketplace. One of those concern ...

    Royalty Audits Can Recover Revenue and Protect Property

    Whether its software, technology, music, or manufacturing designs, when a company licenses its intellectual property, it obviously expects to be paid. Unfortunately, payment doesn’t always happen on auto-pilot. ...

    IC-DISC Offers Tax Breaks for Exporters

    If your closely held company earns significant income from exporting consider forming an interest charge domestic international sales corporation (IC-DISC).

    Changes to the SAS 70 Landscape

    The American Institute of CPAs (AICPA) recently issued the new controls auditing standards that build on and replace the almost twenty-year-old SAS 70 standards and will affect reports issued after June 15, 2011.

    CA Franchise Tax Board Steps Up Enforcement of Nonresident Withholding Rules

    If you are a California company that pays a nonresident of California income from sources in California, you may potentially have to withhold and send the Franchise Tax Board (FTB) seven percent of all payments that e ...

    Tracking the Budget One Dollar at a Time

    It stands to reason that no one understands a company’s financial picture better than the CFO. But what if the entire management team could grasp where the money was coming from and where it was going – in ...

    How will the Tax Relief Act Affect your Estate Plan?

    There’s been much speculation as to what Congress would do about the 2010 estate tax repeal and the scheduled 2011 return of the tax at higher rates and a lower exemption.

    IRS Regulation: Corporate Disclosure of Uncertain Tax Positions

    The IRS recently issued a final regulation that marks the culmination of its efforts to require certain corporations to submit information related to uncertain tax positions along with their income tax returns, beginn ...

    Tax Relief Act Offers Many Income-Tax-Saving Opportunities for Individuals

    The extension of the lower income and capital gains tax rates was set to expire Dec. 31, 2010, along with significant reductions to the estate tax, has probably received the most media coverage.

    Tax Relief Act Provides Businesses with Enhanced Investment Incentives

    The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, passed by the Senate Dec. 15 and the House Dec. 16, may be best known for extending lower income and capital gains tax rates for in ...

    Improve Decision Making Effectiveness

    Last month, Armanino sponsored the CFO Rising conference hosted by CFO Magazine in Las Vegas.

    Lodging Provided to Employees: Taxable or Not?

    The IRS has definitive rules for whether or not lodging is a taxable event to the employee. Special rules exist for educational institutions and will also be discussed.

    What Contributes to the Success of an ERP Project: Software or Implementation?

    While almost all ERP buyers spend a great deal of time analyzing the functional differences between competing products, they seem to spend very little time scrutinizing how each product will be implemented. LEARN MORE » 

    SaaS: Should You Defer Setup, Install and Configuration Fees?

    One of the new revenue recognition rules, ASU 2009-13 (ASC 605-25), effective for revenue arrangements in fiscal years beginning on or after June 15, 2010, is changing the rules of the game for companies selling bundled ...

    IFRS conversion: The early bird catches the most benefits

    What to know about the conversion to IFRS and benefits of converting early

    The question today is no longer if  IFRS will replace U.S. GAAP, but when it will happen — and a ...

    Contract Audits Can Add Pure Profit to the Bottom Line

    Some companies have recovered as much as a 16% increase to their bottom line when having contract audits performed.

    In a Giving Mood?

    Why now is an excellent time to give away assets to loved ones

    A smart gifting strategy is always an important piece of an estate plan. But thanks to a confluence of four factors — depressed ass ...

    Planning on M&A Activity

    What you need to know now to help guide you through FAS 141(R), 142 and 144 as well as other best practices.

    No public company wants to face the time and expense, as well as the negative investor and ...

    SEC Calls Time: Are You Ready To Comply With XBRL?

    The SEC has talked about XBRL for years — now it’s finally mandating compliance.

    Stimulus Act Provides Businesses Tax-Saving and More

    On February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act of 2009 (ARRA). The nearly $800 billion act’s government spending initiatives and tax incentives for private ...

    Another Step Closer to International Accounting Principles

    The introduction of FAS 141(R) illustrates the continued movement towards converged accounting standards.

    Avoid Noncompliance Penalty; What You Need to Know About IRC Section 409A

    Enron executives accelerated the payments under their deferred compensation plans in order to access the money before the company went bankrupt. Internal Revenue Code Section 409A was enacted, in part, in res ...

    Businesses Experiencing Operating Losses Now Have More Tax-Saving Options

    On November 6, 2009, President Obama signed into law the Worker, Homeownership and Business Assistance Act of 2009 (WHBAA). In addition to extending unemployment benefits for millions of Americans and enhancing the ho ...

    Distressed S Corporations: Tax Issues Involved in Restructuring

    The recent economic downturn, coupled with the tightening of the credit market, is affecting all types of businesses, including S corporations. This article highlights tax issues and planning opportunities that m ...

    Donating to Haiti Relief Efforts? You may be Eligible for a 2009 Tax Deduction

    On January 20, the House of Representatives passed legislation permitting taxpayers to deduct certain 2010 charitable contributions for Haiti disaster relief on their 2009 tax returns, rather than on their 2010 returns, ...

    FASB Codifies New Rules for Consolidation of VIEs

    With its recent Accounting Standards Update (ASU) 2009-17, Consolidations (Topic 810): Improvements to Financial Reporting by Enterprises Involved with Variable Interest Entities, the Financial Accounting Standards Bo ...

    FASB Expands Fair Value Disclosures

    On January 21, 2010, FASB issued Accounting Standards Update (ASU) 2010-06, Improving Disclosures about Fair Value Measurements. The ASU reports on new disclosure requirements — and clarifications of existing re ...

    FASB Implements the New Codification of Accounting Standards

    Your company’s financial statements are being held to a new standard, and it’s a standard that you may not know about. The landmark change has received little fanfare but is critical for companies as they ...

    FASB provides nonpublic entities some guidance and some relief

    On September 2, 2009, FASB issued Accounting Standards Update (ASU) No. 2009-06, Implementation Guidance on Accounting for Uncertainty in Income Taxes and Disclosure Amendments for Nonpublic E ...

    FASB Reworks Subsequent Events Guidance

    On February 24, 2010, the Financial Accounting Standards Board (FASB) finalized Accounting Standards Update (ASU) 2010-09, Subsequent Events — Amendments to Certain Recognition and Disclosure Requirements. The ASU ...

    Five Keys to Success for Your SAS 70 Project

    A SAS 70 project requires careful planning, execution and communication between the company and the SAS 70 consultant. Since another company’s auditors will be relying on the SAS 70 report generated, getting it ...

    IRS Guidance Clarifies How to Claim NOL Carrybacks under the Latest Extension

    One of the provisions of the Worker, Homeownership and Business Assistance Act of 2009 (WHBAA), signed into law in November, 2009, allows businesses of all sizes to elect to carry back a net operating loss (NOL) for 2 ...

    IRS provides guidance on electing to accelerate research or AMT credits

    Corporations with unused research or alternative minimum tax (AMT) credits from pre-2006 tax years have a decision to make: Should they take advantage of the 50% first-year depreciation bonus that was extended through ...

    Low Inflation Adds Up To Meager Cost-Of-Living Adjustments for 2010

    On October 15, 2009, the IRS released various rates, limits and other inflation-indexed amounts for 2010. Not surprisingly, given low inflation (deflation in some cases), many amounts will be the same for 2010 as they ...

    Measuring Liabilities at Fair Value

    On Aug. 27, 2009, the FASB issued Accounting Standards Update No. 2009-05, Measuring Liabilities at Fair Value. The ASU reports on some important amendments such as guidance on measuring the fair value of li ...

    Public Companies: Top 5 Ways to Increase SOX Efficiencies and Cost Effectiveness

    This top-five list gives you insight into the experience that accounting and consulting firm Armanino has gained while performing Sarbanes-Oxley (SOX) compliance services for sm ...

    Section 2511(c) and the Uncertain State of the Estate Tax

    It’s been almost nine years since the Economic Growth and Tax Relief Reconciliation Act of 2001 called for the federal estate tax to be repealed in 2010 — and reinstated in 2011. The one-year repeal was a ...

    Think your life insurance proceeds are income tax free? Maybe not, under new rules

    One of the key income tax benefits of life insurance policies is that, in general, proceeds received by the beneficiary on the death of the insured are excluded from income ...

    Will the HIRE Act Benefit Your Business?

    On March 18, 2010, President Obama signed into law the Hiring Incentives to Restore Employment (HIRE) act. The act provides tax incentives that will help many companies grow their businesses as the economy recove ...

    A Sales/Use Tax Audit May Be in Your Future: Be Prepared For It

    Past trends have shown that businesses in California have a 20 percent chance of being selected for a state sales/use tax audit. Large, multinational corporations are accustomed to regular sales/use tax examinations, ...

    Congress Extends Homebuyer Credit, For Some

    Just before an important deadline for the homebuyer credit was set to expire July 1, Congress extended it. But the extension will benefit taxpayers only in limited circumstances.

    Fraud May Come From Those You Least Suspect It

    When finding ways to increase an individual's income to make ends meet proves difficult, a convenient way to relieve financial stress is through fraud.

    How Health Care Reform will Affect Your Tax Bill

    On March 23, 2010, President Obama signed the Patient Protection and Affordable Care Act, representing a sweeping overhaul of the U.S. health care system. Here’s an overview and its major tax-related provis ...

    IRS Guidance: New Small Employer Tax Credit for Health Insurance Expenses

    The Patient Protection and Affordable Care Act (PPACA), signed into law in March, offers a valuable new tax credit to eligible small businesses and nonprofits that provide health coverage to their employees.

    Legislation Extends Tax Breaks for Small Businesses, Investors and More

    Congress has passed, and the president is expected to soon sign, the Small Business Jobs Act of 2010 (SBJA), creating a $30 billion fund to provide capital to community banks to encourage lending to small businesses. The ...

    The Push for Global Accounting Standards: Big Changes in the Works

    In an increasingly global economy, most financial experts agree that a single, high-quality set of international accounting standards would provide significant benefits. There's less consensus, however, on how to get the ...

    Top 8 Best Practices for New SEC Regulation Surrounding Risk Oversight

    There has been increasing discussion in the past few years around the Board of Directors involvement in risk management.

    FASB Issues Revenue Recognition Guidance for R&D Vendors

    The Financial Accounting Standards Board (FASB) recently released Accounting Standards Update (ASU) 2010-17, Revenue Recognition — Milestone Method (Topic 605): Milestone Method of Revenue Recognition (a consensus ...

    IRS Announces Instructions for Reporting Uncertain Tax Positions for 2010

    The new Uncertain Tax Position Statement (“Schedule UTP”) generally would require a corporation with assets of at least $10 million to disclose to the IRS the company’s FIN 48 and other tax reserves. Be ...

    IRS Issues Guidance on Tax Treatment of Health Coverage for Adult Children

    A little more than a month after President Obama signed the Patient Protection and Affordable Care Act (PPACA) into law, the IRS has released guidance on provisions related to the tax treatment of employer-provided he ...

    Why is IRS Having a Problem with Companies Using Independent Contractors?

    Back taxes, substantial IRS penalties and interest are issues that companies never want to face, but the ongoing recession could increase the likelihood that they will.

    Ready or Not, Here IFRS Comes

    Planning for the upcoming changes

    The move away from U.S. Generally Accepted Accounting Principles (U.S. GAAP) to International Financial Reporting Standards (IFRS) is becoming a reality more quickly than onc ...

    Measuring Uncertain Tax Positions

    Businesses will need to be aware and prepare for the implications of tax standard FIN 48 and the affect it will have on financial statements

    In June 2006, the Financial Accounting Standards Board (FASB) issued ...

    Fair Value Now A Bit More Fair

    FAS 159 allows companies to reduce volatility offerings

    In February 2007 FAS 159, "The Fair Value Option of Financial Assets and Financial Liabilities" standard was released, and with it a way to account for f ...

    Forget What You Know About Fair Value

    FAS 157 seeks to eliminate the confusion when measuring fair value

    If you haven’t been keeping up with your FASB news, the definition of fair value has changed.

    Armanino’s Q2 Enterprise Application Software Industry Update

    This quarterly update is a window into the insight our team has developed through multiple M&A, divestiture and strategic partnering transactions for closely-held businesses across mo ...

    Armanino’s Q2 Enterprise Infrastructure Software Industry Update

    This quarterly update is a window into the insight our team has developed through multiple M&A, divestiture and strategic partnering transactions for closely-held businesses across mo ...

    Upcoming Events


    Tax Insights for Early Stage and Mid-size Companies

    Join Armanino's corporate tax experts for a discussion of the top tax issues keeping Silicon Valley’s early stage and ...

    Webinar 05/23

    Industry-Specific Costs of Ignoring the New Revenue Rec ...

    The new revenue recognition standards impact so much more than just the finance and accounting team. In this presentatio ...