On November 21, 2011, President Obama signed the “Three Percent Withholding Repeal and Job Creation Act” into law. This new law repeals three percent withholding on certain payments to government contractors.
Great News for all small government contractors.
According to the latest CNBC ranking of Top States for Business, Virginia came in #2 ! Not bad!
The ranking is based on 40 metrics in 10 categories, including economy, workforce, quality of life, and cost of doing business.
2010 Top States for Business via CNBC.com
David Bradsher, CPA  is a Washington DC / Northern Virginia area CPA who works with small business owners and non profit leaders on a monthly basis to provide them with guidance and advice on how to grow their organizations, minimize their tax liabilities and increase their bottom line.
Virtual Software’s Virtual Timecard is a web-based time-sheet system that many of our client’s use to help track time and billing information. We have Non profit clients that use it to track time to grants and for 990 reporting as well as government contractors that need DCAA compliant accounting systems. Its a great tool – plus it integrates with Quick-Books.
Here’s a link to a great review —
    Vitual Software – Virtual Time and Expense Review
David Bradsher, CPA  is a Washington DC / Northern Virginia area CPA who works with small business owners and non profit leaders on a monthly basis to provide them with guidance and advice on how to grow their organizations, minimize their tax liabilities and increase their bottom line.