Government Contractor Blog

What Government Contractors Need to Know About Sales and Use Tax.

Government contractors often have to deal with sales and use taxes, so understanding the rules and regulations can be invaluable if you want to be successful. Sales tax is a tax imposed on the sale of products or services, while use tax is a tax imposed on the...

The Top 5 Tax Deductions for Government Contractors

Government contractors have to deal with a unique and complex set of financial challenges. Keeping up with the ever-changing tax laws can be especially difficult. But there are some advantages to being a government contractor, including access to a range of deductions...

How to Structure Your Business for Maximum Profitability in Government Contracting

When it comes to running a business, staying profitable is the name of the game. For those looking to break into government contracting, there are additional steps that have to be taken to ensure maximum profitability. From understanding the regulations and laws that...

The Pros and Cons of Different Entity Structures for Government Contractors

As a government contractor, understanding how to best structure your business is key to success in the long run. Whether you’re looking to create a new business or upgrade your existing one, it pays to evaluate different entity structures to determine which one is...

Understanding the FAR and DFARS: A Guide for Government Contractors

Government contractors have a lot to keep track of when it comes to managing their contracts. One of the most important and complex aspects is understanding the Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS). The FAR...

The Benefits of Outsourcing Your Government Contracting Accounting

Government contracting accounting is a complex yet vital task that requires meticulous attention to detail. Companies of all sizes are increasingly looking to outsource this important financial process rather than handle it in-house. Outsourcing government contracting...

Navigating the Complexities of DCAA Compliance: What You Need to Know

Every business that works with the government needs to comply with the Defense Contract Audit Agency (DCAA). DCAA compliance is a complex and often daunting process, but understanding and navigating it can be made easier with the right information. In this article, we...