The federal government has extremely strict compliance requirements for government contractors, from confidentiality agreements to detailed requirements for your accounting practices. Those accounting requirements are detailed through the Cost Accounting Standards...
Contractors and business owners often do a great deal of driving for business purposes. Whether you’re meeting with potential clients, attending networking conventions, or visiting various worksites, it doesn’t take long to start racking up the miles—and, of course,...
The New Year has barely gotten started, and if you’re thinking about taxes at all, you’re likely focused on filing your 2022 tax return. While you should certainly be starting to gather those 2022 tax documents, it’s also a good idea to look ahead and think about how...
Contracting for the federal government can open up many new work opportunities for your business. However, it does come with added responsibilities and compliance requirements. If you want to remain in good standing with the federal government and continue receiving...
Government contractors and all types of business owners have incredibly complex tax returns when compared to individuals whose sole source of income is recorded on a W-2. As a business owner and contractor, you likely receive a variety of income tax forms, including...