It’s a great time to assess your accounting.
Happy Autumn! It is hard to believe fall is upon us. Most of us start to get extra busy in preparation for the holidays around the corner, and it is no exception for business owners to feel the same. With the change of seasons, this past month, we were focused on highlighting our Accounting Capability and our Expert Outsourced Accounting Solutions, to ease some pressures business owners might be facing this time of year.
Please check out our latest content and insight below. Be on the lookout next month for our contributed content in an article for Accounting Today, and as always, please follow us, like, share and comment on our latest content on social media!
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The McKelvey Group’s Accounting Practice Encourages Proactive Planning for Year-End Reporting to Maximize Business Outcomes
The DC area’s premier financial consulting firm highlights the importance of preparing for year-end with an outsourced partner to realize bottom-line benefits. Read More
Government Accounting Acronyms 101
The government contracting world is full of acronyms. Many businesses looking to enter the federal marketplace commonly hear FAR, CAS, DCAA and GAAP, but do not understand the difference or how they relate to accounting system requirements for government contractors. TMG’s Sona Noss provides a brief summary.
5 Simple Accounting Tips
TMG’s Brandon Barletta shares tips for small business owners: Small business owners should do the following to keep their financial records organized and ready for tax filing:
1. Use Accounting Software (e.g. QuickBooks)
2. Set aside at least 25% of net income. Use a savings account, and don’t touch it! Read more
IN CASE YOU MISSED IT
The McKelvey Group Shares SAM.gov Login Updates
For all federal contractors! Did you hear about the new log in process for SAM.gov?