DCAA COMPLIANCE BLOG

NEWS, HELPFUL TIPS, AND DISCUSSION WITH INDUSTRY EXPERTS

A Different Approach to IRS Section 174 for SBIR Awardees

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Earlier this week, ReliAscent® posted a guest blog from one of our partners on how SBIR/STTR awardees can minimize the impact of the R&D amortization requirement in IRS Section 174. However, there are...

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IRS 174 and R&D Amortization

SBIR/STTR FAQ Part 3 - Taxes, Compensation, Timekeeping

We get a lot of great questions from small business owners each week, and some of the most common issues that come up during an SBIR Phase I are related to Timekeeping, Compensation/Payroll, and Tax...

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SBIR Compliance FAQ - Taxes, Compensation, Timekeeping

ReliAscent's Quick Guide to Incurred Cost Proposals

ReliAscent® would like to remind all government contractors that if you had a Cost Reimbursable type contract in 2023, your Incurred Cost Proposal / DCAA ICE Submission is due 6 months after the end of...

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All Eyes on Congress as Bill Could Halt R&D Amortization in IRS 174

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Government Contractors and SBIR/STTR awardees are holding their collective breath as Congress considers tax legislation that would immediately halt the devastating R&D Amortization requirement from the...

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IRS Section 174 R&D Amortization

Congress Must Act Before IRS Sec. 174 Destroys Economy and Businesses

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As readers of our blog and most small business government contractors likely know by now, the IRS proposed new guidelines for Section 174, the consequences of which will devastate our economy and stop...

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IRS Section 174 will devastate economy, destroy businesses and SBIR program

NOW is the Best Time to Discuss DCAA Accounting System Setup

2024 may only be nine weeks away, but Q4 is always the best time to begin discussing setting up a DCAA Compliant Accounting System with ReliAscent®. Whether you need a compliant system for the first time,...

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January 1st is the best time to setup a DCAA compliant accounting system

FAR Adds TikTok Clause

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With all of the controversy surrounding TikTok and it's Chinese parent company, ByteDance Ltd., it is no surprise that the Federal Acquisition Regulation (FAR) recently added a new clause specifically...

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FAR adds TikTok clause

SBIR Compliance FAQ Part 2 – Consultants, 1099’s & Subs, Accounting & Timekeeping

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Welcome to our second installment of our newest Blog Series, “SBIR & DCAA Compliance FAQ,” where we answer common questions about DCAA and SBIR compliance requirements, and contract & grant management...

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SBIR Compliance FAQ - Consultants vs 1099's vs Subcontractors