PWCPA Blog

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....

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...

Two days before Christmas day, President Biden signed the National Defense Authorization Act (NDAA) for the 2023 fiscal year.  The President has stated that  "The Act provides vital benefits and enhances access to justice for military personnel and their families, and...

We're barely in the year 2023; everyone's hoping for the best. But what trumps hoping? Being prepared. So gather up your receipts and take your pencils out and take a gander at these steps that you can do to prepare for the new tax year. Determine and, if needed,...

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....

You have found your niche and have done your research. You have mastered your field and made a decision between a sub or prime contractor.  You know where to look for contracts and how to structure your bids. Your software is now ready. What are you missing to get...

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...

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...

One of the best ways to increase your revenue and breathe new life into your business, no matter how small or big, is going into a contract with the largest buyer of goods and services in the country-- the US Government, which spends billions of dollars each year. ...