IRS Special Treatment For Vaccine Manufacturers?

Published on Jan 7, 2015 by RSBellMediaChannel

Jan 7, 2015
The Robert Scott Bell Show
Ty Bollinger

Listen to what is revealed as CPA Ty Bollinger responds to a listener Question of the Day on The Robert Scott Bell Show:

RSB and TMB, I just want to point out something that would be more for Ty Bollinger to address. It’s an accounting issue, and most accountants would probably not be aware of this. Turns out that flu vaccines and childhood vaccines sold to the government are exempt from normal revenue recognition rules. Vaccine manufacturers can immediately recognize revenue before they have produced anything. It’s an odd ruling. Epidemic? Cha-ching! Tell Ty to check out ASU 2009-07. ~ Josh

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