Building Your GSA MAS Contract Package: A Roadmap to Success
The GSA Multiple Award Schedule (MAS) program is a powerful tool for businesses seeking to sell products and services to the federal government. It streamlines the procurement process for both buyers and sellers, offering a pre-negotiated contract vehicle that simplifies and accelerates transactions. However, building a successful GSA MAS contract package requires careful planning and execution.
Navigating the New Terrain: The Impact of Federal Labor Rules on Construction Contracts Over $35 Million
In the ever-evolving landscape of federal construction contracts, a recent shift in labor rules has sparked significant debate and concern among contractors. The Biden administration's proposal to mandate Project Labor Agreements (PLAs) on federal construction projects exceeding $35 million is a move that has far-reaching implications for the industry.
Cracking the Code: Navigating US Tax Laws for R&D and Unleashing Innovation
In the realm of innovation, the United States government offers a treasure trove of tax incentives designed to fuel research and development (R&D) activities. With provisions embedded within the Internal Revenue Code (IRC), businesses can tap into the power of R&D tax credits and deductions. In this article, we'll explore the tax codes relevant to R&D in the US, helping businesses unlock the potential benefits and navigate the exciting world of innovation.
Tax Structures Unveiled: Decoding S-Corps, LLCs, and Optimal Strategies
In the intricate world of business taxation, selecting the right structure is a paramount decision for entrepreneurs. In this piece, we navigate the labyrinth of S-Corps, LLCs, and the intricacies of distributions while dissecting the potential tax advantages. Join us as we delve into the complexities and unveil the optimal tax strategies for astute business owners.
Small Business Series: Need to Turnaround Your Business?
When a company experiences financial difficulties, it can be a challenging time for everyone involved. However, with the right approach, it is possible to turn things around and emerge stronger than before. So how do you turnaround a business?
Understanding Contracts: Your Lifeblood
If you’re in business, contracts are your lifeblood. Unfortunately, many business owners do not know what different types of contracts are out there which they can leverage.
The Price is Not Always Right
Pricing is an essential aspect of any business, as it directly affects the profitability and sustainability of the company.
Small Business Series: No Insurance? You’re Setting Yourself Up for a World of Pain
Starting and running a small business can be an exciting and fulfilling experience, but it also comes with a lot of risks. Small businesses face a wide range of potential liabilities, from property damage and employee injuries to data breaches and legal disputes. This is why it's crucial for small businesses to carry insurance.
22 Tax Planning Strategies for Small Business Owners
While you didn't become a small business owners to do taxes (unless that's your business), taxes come with the territory. Therefore, make sure that you are leveraging legal strategies to reduce the total taxes that you owe.