2 min read
Maryland PTES - Payment processing delays & Erroneous Notices
Comptroller of Maryland Issues Letter Acknowledging Delays Processing PTE Payments and the Issuance of Erroneous Notices.
3 min read
SBA 8(a) Major Changes Impacting Government Contractors
Major changes to SBA 8(a) Business Development Program impact Government Contractors: New applications suspended, and current participants should...
1 min read
Maryland Declared the Digital Gross Revenues Tax not constitutional
On May 9, The Maryland State Supreme Court breathed new air into the sails of a state sales tax on digital advertising services. On that day, the...
2 min read
Impact of Tax Cuts and Jobs Act on Government Contractors R&D Costs
In 2017. The United States Government (USG) passed the Tax Cuts and Jobs Act which dramatically changed the tax laws in the US. One section of the...
2 min read
Government Contractors – Private Plane Cost Guidance
As a general rule, travel costs via private aircraft in excess of the standard commercial airfare are unallowable. The use of private aircraft...
1 min read
Small Business Alert – It's Now Easier To Maintain Designation
The United States Federal Government has always promoted doing business with Small Businesses. In fact, Congress has previously mandated that small...
1 min read
Tax Relief For Combined State and Local income Taxes over $10,000
Virginia's residents can now avoid the effects of the $10,000 ceiling on state and local taxes enacted by Congress in 2017. In making the change,...
1 min read
New Corporate Minimum Tax & Excise Tax on Stock Repurchases
On August 7, 2022, the Senate passed the Inflation Reduction Act of 2022 (IRA). The extensive bill, among other things, includes a new corporate...
1 min read
Client & Employee Satisfaction Go Hand-In-Hand
The Net Promotor Score is one method that many professional service firms use to measure client satisfaction. This measure uses a client's...