{"id":1960,"date":"2020-06-05T04:00:00","date_gmt":"2020-06-05T04:00:00","guid":{"rendered":"https:\/\/gtmtax.com\/insight\/dont-be-floored-purchase-accounting-struggles\/"},"modified":"2025-08-05T13:36:26","modified_gmt":"2025-08-05T13:36:26","slug":"dont-be-floored-purchase-accounting-struggles","status":"publish","type":"insight","link":"https:\/\/gtmtax.com\/insight\/dont-be-floored-purchase-accounting-struggles\/","title":{"rendered":"Don&#8217;t be &#8220;Floored&#8221; By Purchase Accounting Struggles"},"content":{"rendered":"<div id=\"sh-block--1929357547\" class=\"sh-block-wrapper text-block \">\n\n\n\n<!-- text-block\/render.twig-->\n<div class=\"container\">\n    <div class=\"wysiwyg layout-1col\">\n        <p>Every merger and acquisition (M&amp;A) deal is unique, opening the door to new challenges and uncharted territory for those tasked with determining the tax treatment of the transaction. GTM&#8217;s James P. Swanick, CPA, and Michael J. Tighe, CPA, offer their analysis on how to handle assumed liabilities in an asset acquisition in the Pennsylvania CPA Journal&#8217;s summer issue.<\/p>\n<ul class=\"details-list\">\n<li class=\"details-list__item\"><span class=\"details-list__item-label\">Publication Company:\u00a0<\/span><span class=\"details-list__item-value\">Pennsylvania CPA Journal<\/span><\/li>\n<li class=\"details-list__item\"><span class=\"details-list__item-label\">Publication Author:\u00a0<\/span><span class=\"details-list__item-value\">Jim Swanick|Michael Tighe<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/mydigitalpublication.com\/publication\/?m=14667&amp;i=662377&amp;p=20&amp;ver=html5\">View Publication<\/a><\/p>\n\n    <\/div>\n<\/div><\/div>","protected":false},"template":"","meta":{"_acf_changed":true},"class_list":["post-1960","insight","type-insight","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Don&#039;t be &quot;Floored&quot; By Purchase Accounting Struggles - GTM Tax<\/title>\n<meta name=\"description\" content=\"GTM&#039;s James P. 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