Learn the differences between the percentage of completion and completed contract methods. Discover how each impacts revenue ...

Explore disaffirmance, the legal right to void contracts. Learn who can disaffirm agreements and under what circumstances, ...

What Is a FAR Based Contract? FAR contracts are governed by the Federal Acquisition Regulation, a comprehensive set of rules and guidelines designed to regulate federal government procurement. These ...

Section 1256 contracts include certain regulated futures contracts, foreign currency contracts and non-equity options. These contracts receive a unique tax treatment under the IRS code and are subject ...