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All About Government Contractors (15)

4 Small Business Apps That Integrate With QuickBooks

Millions of small business owners — about 4.3 million to be more precise — rely on QuickBooks to manage their day- to day-accounting. While QuickBooks has earned a reputation for its ease of use, many small business owners don’t realize that with the...
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Show Me the Numbers: How the New Tax Law Will Affect Business Owners

A lot has been written on the new tax law, more formally known as the Tax Cuts and Jobs Act (TCJA), and how it will affect taxpayers. But really, what most business owners want to know is the bottom line – the actual numbers – and how the TCJA will...
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REVEALED: 10 Things You Should Know About the New Tax Law

By now, most taxpayers are aware of some of the basics of the Tax Cuts and Jobs Act, including the decrease in individual and corporate tax rates and increase in standard deductions. But there are some aspects of the new law that haven’t gotten nearly as...
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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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