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The task of labor distribution involves accurately recording time-keeping records and distributing the payroll dollars appropriately between cost pools. Unfortunately,…
For years, businesses have been required to annually file the Veterans’ Employment and Training Service (VETS)-100 report, but as of…
The definition of an unallowable cost for a Federal Government contractor is an incurred expense that the Federal government will…
What do we mean by “managing” indirect rates? We mean that you need to monitor your actual rates against your…
The North American Industry Classification System (NAICS) is a common industry classification system used by the United States, Canada and…
The concept of revenue recognition is fairly simple; we ask, “when was the revenue earned?” The difficulty comes when we…
Most small business government contractors start with a simple indirect rate structure consisting of one fringe, one overhead, and G&A….
We’re often asked how to treat Cybersecurity Maturity Model Certification (CMMC) compliance costs. More accurately, we’re often asked “Can we…
Four reasons why we collect costs in a pool and allocate them over a base: In order to distribute cost…
The issue of PPP forgiveness remains and will continue into 2022 (or beyond) for those government contractors that have not…
