PWCPA Blog

The New Minimum Wage Changes Take Effect

The New Minimum Wage Changes Take Effect

Great news, my colleagues in the Government contracting world. The Department of Labor has announced that starting on the 1st of January, 2023, the minimum wage rate for employees working on or in connection with federal contracts will increase to $16.20 per hour....

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Has Your Identity Been Stolen?

Has Your Identity Been Stolen?

How do you know that you have been a victim of tax-related identity theft and your taxes have been compromised? The theft could include your stolen personal information and your Social Security number. The problem is you may not know that someone has actually stolen...

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A Government Contractor’s New Year Resolution

A Government Contractor’s New Year Resolution

The Year of the Rabbit is here; 2023 is now upon us. With a little luck and a lot of hard work, you can make this the best year for your budding government contracting business. For a little fun, here are some New Years' resolutions you can choose to do this new year....

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Tax Deductions for Your Home Office

Tax Deductions for Your Home Office

Using part of your home as a long-term business space, you may be eligible for the home office deduction. The pandemic forced a lot of employees to go and work from home. With time on their hands and some stimulus checks on the other, many have actually ventured into...

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Giving Gifts May Be Tax Deductible

Giving Gifts May Be Tax Deductible

It's beginning to look a lot like... Yes, the holidays are here, and you, as part of your company's management, you want to put in good cheer for your employees.  Aside from the office holiday party, you also want to give them a token or two to show how you appreciate...

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