8(A) Contractors Must Maintain Eligibility for the Life of the Program—or Else!
The Small Business Administration’s (SBA) 8(A) program allows the government to award contracts to eligible 8(A)…
Taxation of Virtual Currency—Are You Prepared?
New on the 2019 individual tax return is the following question: “At any time during 2019…
Dollar Limits on Compensation and Benefits Announced
The Internal Revenue Service has announced the 2020 cost-of-living adjustments for various limits affecting employee benefit…
FedBizOps Scheduled for Decommissioning on November 12th
The General Services Administration (GSA) announced that FedBizOps (FBO) will be decommissioned on Veterans Day, November…
TAS Grants Temporary Relief to Some Taxpayers in Danger of Passport Revocation
The stress of owing taxes to the Internal Revenue Service (IRS) can be overwhelming. Unpaid taxes…
LLC Operating Agreement Can Terminate an S Corporation Election
Limited liability companies (LLC) should be careful that their operating agreement does not contain language that…
Are you Protecting your Students’ Data?
Data privacy has never been more important, but data law in the U.S. is a patchwork…
Does your ITIN Need To Be Renewed?
According to the Internal Revenue Service (IRS), about 2 million Individual Taxpayer Identification Numbers (ITIN) will…
Starting a Private Foundation
Private foundations are independent legal entities that are typically funded by individuals, groups, or businesses. A…
The Truth About Interim Rate Variance Invoices
Many government contractors assume that interim rate variance invoices should be prepared once the incurred costs…