Phil Shechter Discusses Tax Reform with South Florida Legal Guide
In a recent interview with South Florida Legal Guide, Cherry Bekaert’s (“the Firm”) Phil Shechter, CPA, discusses the impact of the Tax Cuts and Jobs Act on both individual and business taxpayers. Shechter, the Firm’s National Leader of Litigation Support Services, provides general information on tax reform affecting individual tax rates, mortgage interest deductions, small businesses and pass-through entities. Read Phil’s full interview on the South Florida Legal Guide website. Additionally, if you seek guidance on forensic and litigation matters, Cherry Bekaert’s Forensic & Litigation Advisory Services team is ready to help.
Government-Business Forum on Small Business Capital Formation Announced
Next month, the Securities and Exchange Commission (“SEC”) and the Herb Kelleher Center for Entrepreneurship, Growth, and Renewal at the McCombs School of Business at The University of Texas at Austin (“UT Austin”) are co-hosting the annual Government-Business Forum on Small Business Capital Formation. Scheduled for Thursday, November 30 at UT Austin’s AT&T Executive Education and Conference Center, the annual forum will highlight ways to improve small business capital formation and focus on whether unnecessary, repetitive, or dated regulations should be eliminated or amended. The forum’s morning session will feature a panel discussion addressing how capital formation options are working. Read More.
Court of Federal Claims Reverses OHA Decision finding Affiliation
Veterans Technology, LLC (“Vet Tech”) is a joint venture whose stock is owned 49 percent by a company named MDW and 51 percent by Defense Acquisition, Inc. (“DAI”). MDW was formed in 2012 by four individuals who were then employed by Paradigm Technologies, Inc. However, on January 30, 2011, ECS Federal, LLC (“ECS”), acquired Paradigm, but the acquisition did not close until January 1, 2012. Subsequently, Paradigm became a wholly owned subsidiary of ECS during calendar year 2012, and all Paradigm contracts were subsequently novated to ECS. Shortly after Paradigm was acquired by ECS, the four employees informed ECS of. Read More.
SEC Announces New Small Business Advocate Office
In a public statement issued on September 13 , the Securities and Exchange Commission (“SEC”) announced its nationwide search for the agency’s first advocate for small business capital formation. The selected candidate of this new position will support small businesses and their investors, as well as offer assistance and conduct outreach to address their concerns and suggest improvements to the regulatory environment. In addition, the advocate will have to establish and supervise a new SEC office, the Office of the Advocate for Small Business Capital Formation. The small business advocate will be selected by and report to the SEC chairman and commissioners.
SEC Advisory Committee Announces Public Meeting
A public meeting by the Securities and Exchange Commission (“SEC”) Advisory Committee on Small and Emerging Companies (“Committee”) is scheduled for Wednesday, September 13. According to the meeting’s agenda, the Committee will discuss matters concerning rules and regulations impacting small and emerging business under federal securities laws. The meeting will start at 9:30 a.m. ET, and will be hosted in Washington, D.C., at the agency’s headquarters. A live stream of the meeting will be available on SEC.gov.
SBA Releases its Small Business Contracting Scorecard
On May 18, 2017, the Small Business Administration (“SBA”) released its annual small business contracting scorecard. This scorecard is a measure of how selected agencies are doing in regard to meeting their small business contracting goals. It should be noted that the scorecard only measures the performance of 24 agencies. Thus, it does not evaluate how all agencies are doing in meeting their small business goals. As described by the SBA, the annual Scorecard is an assessment tool which measures: (1) how well federal agencies reach their small business and socio-economic prime contracting and subcontracting goals; and (2) agency-specific progress. Read More.
Topics: Department of Veterans Affairs, Economically Disadvantaged WOSBs “EDWOSBs”, Federal Acquisition Regulation "FAR", Service-Disabled Veteran-Owned Small Business "SDVOSB", small business, Small Business Administration "SBA", Small Disadvantaged Businesses "SDBs", Supreme Court, the Historically Underutilized Business Zones “HUBZone”, veteran-owned small businesses “VOSBs”, Women-Owned Small Businesses “WOSB”