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, ...

Bankruptcy debtors have special rights in contracts or leases where both parties have outstanding obligations, known in legal terms as “executory contracts” or “unexpired leases”. If you are doing ...

Just like many relationships, not all parts of a contract become things of the past when they expire or terminate. One way to ensure that a contractual right or duty applies post-termination is to ...

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 ...