The Office of Management and Budget’s Cost Accounting Standards (CAS) Board proposes to eliminate 60 requirements. For example, currently, federal contractors are required to keep two sets of overlapping books (a rule that’s been around for 50 years). The proposed changes would simplify things for federal contractors, as well as for government agencies with oversight obligations. #IdeaoftheDay
Barbara Weltman
Big Ideas for Small Business, Inc.
Subscribe and download for Free our newly-updated eBook, "150+ Tax Deductions for Small Business A to Z" Revised to reflect changes in the One Big Beautiful Bill
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Why a capital gains tax change in Trump's new bill may be boon to business founders, early employee wealth #taxes #business