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All About Government Contractors (15)

5 Signs Your Government Contracting Business Might Need a New CPA

If you are a government contractor, you likely already have a CPA helping you with accounting and taxes. But is the CPA you hired when you started your business still the right CPA for you? There are a number of reasons why it might be time to consider a...
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3 Traits to Look for When Hiring an Accountant for Your Government Contracting Business

Not all accountants are created equal when it comes to understanding the ins and outs of government contracting. Understanding the compliance issues that encompass government contracts sounds easy enough: cross your T’s and dot your I’s, right? Wrong. ...
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Qualified Business Income Deduction: A Primer On the New Section 199A

There’s a provision in the new tax law that allows owners of sole proprietorships, S corporations and partnerships to deduct up to 20% of income earned by the business. It’s known as the Qualified Business Income (QBI) deduction, or more formally,...
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SAM.gov Login and Registration Changes for Federal Government Contractors and Grant Recipients

Government contractors along with grant recipients and managers who use the System for Award Management, more commonly known as SAM.gov, are seeing changes to the free database’s login and registration process.
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States Can Now Collect Sales Tax from Online Retailers, Thanks to U.S. Supreme Court Ruling

On June 21, 2018, the United States Supreme Court passed a landmark ruling that will permit individual states to collect sales tax from online retailers.
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7 Easy Ways to Make QuickBooks Work Better For Your Small Business

Being a business owner generally doesn’t come with an excitement for keeping the books. But QuickBooks can help owners comply with the required chore of keeping accounting records in good shape without costing an arm and a leg — or needing a full-time...
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