Accounting & CPA Blogs

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....
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...
New Year, New Tax Year. It’s Never Too Early.

New Year, New Tax Year. It’s Never Too Early.

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...
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...
Outsourcing Your Accounting for Government Contracts

Outsourcing Your Accounting for Government Contracts

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...