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IRS Issues Guidance on Parking Benefit Expenses to Be Included as UBTI for Nonprofits

The Internal Revenue Service (IRS) has issued Notice 2018-99, Parking Expenses for Qualified Transportation Fringes Under

Stay in the Game: Get Your Replacement GSA Schedule Contract Today!

As a contracting professional, you know rules are important—after all, they tell you how to play

Normalizing Owner Compensation

When performing a business valuation, I always consider making adjustments to revenue and/or expenses of the

IRS Announces Enhanced Penalty Relief for Some 2018 Taxpayers

The first year of the Tax Cuts and Jobs Act (TCJA) has caused confusion for both

Typical Construction Industry Cyber Breaches – And What You Should Have Already Done

Cybersecurity remains an ever-present topic of interest across all industries, as potential and successful attacks continue

Deal Reached to Re-Open the Government for Three Weeks

President Trump announced this afternoon that he has agreed to a deal with Congress to fund

Minimum Wage for Covered Government (SCA) Contractors Increased to $10.60

Effective January 1, 2019, the minimum wage for certain federal contractors increased from $10.35 to $10.60

Capitalize or Expense? The Age-Old Question of Repairs and Maintenance

The question of whether to capitalize or expense repairs and maintenance costs has plagued sole proprietorships

Major Change in Store for Small Business Size Calculation

Historically, contractors were required to use the average of their last three completed fiscal years to