The State of Affordable Housing
The U.S. faces an affordable housing crisis in both residential and multi-family real estate. What led to this point and how are different solutions tackling the issue?
Labor Recording! Are you ready for an audit?
Labor recording is the basis for the valuing and allocating the efforts of you and your employees and a critical process for government contractors who depend on it for their product and services costing (read billing/cash flow) and pricing.
Not-for-Profit Document Retention Policies and Guidelines
Document retention policies are a necessary part of nonprofit management, but not everyone knows how to go about file storage. Now that organizations are back in the office, it’s an excellent time to review their document management strategy.
Cybersecurity and Employee Benefit Plans
Plan sponsors have a fiduciary responsibility to understand cybersecurity risk in an employee benefit plan (EBP). In order to satisfy this responsibility, plan sponsors must understand how EBPs are exposed to cybersecurity risk and design effective controls to mitigate that risk.
Implementing ASC 842 New Accounting for Leases: What Labor Unions Need to Know
Whether we like it or not Accounting Standards Codification (ASC) 842 is here. Labor unions have a lot on their plates and a new accounting standard on leases may not be at the top of the priority list. However, the time is now to implement if you haven’t done so already.
Provisional Billing Rates vs. Forward Pricing Rates
While a contractor’s forward pricing rates may sometimes get confused with their provisional billing rates, by the contractor and even the government, they are completely different rates developed for completely different purposes.
Free Resource Guides for Nonprofits
The VSCPA has released four free resource guides for nonprofit organizations to aid them in financial matters. Updated by specialists on the PBMares Not-For-Profit Team, topics include budgeting, income tax issues, responsibilities and risks, and auditing.
New Life for Opportunity Zones?
Opportunity Zones could be getting an extension with several additional changes. Real estate investors, even those who perhaps didn’t qualify before, will want to take a second look at the second Act for Opportunity Zones.
Amid Rising Interest Rates, the Ability to Deduct Interest Expenses Is Lower In 2022
Amid rising interest rates, the Section 163(j) business interest expense deduction has a more limited impact for real estate companies and other capital-intensive businesses starting in 2022. There are other financing strategies to mitigate the impact of the lower deduction.
What You Need to Know about Government Contracting Laws: FAR and Beyond
FAR (Federal Acquisition Regulations) is one of the most important laws to know for any company looking to work with the federal government. In this blog post, we'll cover some key points so you can get started on understanding your responsibilities as a contractor!