Friday, March 18, 2011 by Gary Honig
A lot of attention has been given to the draconian rules that threaten to go into effect in 2012, requiring organizations to issue 1099 forms to companies from whom they purchase over $600 in a year. While a repeal is in the works, you should already be tracking those expenses, in case Congress cannot get its act
Friday, March 11, 2011 by Gary Honig
As a government contractor, if your company is considering making a large purchase on credit or applying for any type of commercial loan, you will have to sign a UCC-1 Financing Statement when going to closing on the financing. The U.C.C. or Uniform Commercial Code was developed as a way to promote uniformity among various state jurisdictions
Wednesday, March 09, 2011 by Government Contractors Editorial Team
[Updated: April 6 – After several weeks under continuing resolutions, a federal government shutdown that begins on Friday, April 8 is increasingly likely. See our updated list of resources to help your company prepare for and deal with a government shutdown.] The spectre of a federal government shutdown has been pushed back from Mar. 4, to
Friday, March 04, 2011 by Gary Honig
A common complaint small businesses make is that government agencies stick to bigger vendors and don’t try out new smaller companies. (It cropped up again this week, during a Maryland small business forum featuring both of the state’s U.S. senators and Bridget Bean of the SBA.) The reason for this is contract officers (COs) don’t like problems.