Expense reports and standard documentation of receipts

Expense reports and standard documentation of receipts

Audits of travel costs (see FAR 31.205-46) will include examination of the contractor’s travel policies and procedures as well as the selective review of individual trips made by contractor personnel. Contractor’s should ensure that travel authorization...
Contractors vs. Employees

Contractors vs. Employees

The Internal Revenue Service reminds small businesses of the importance of understanding and correctly applying the rules for classifying a worker as an employee or an independent contractor.  For federal employment tax purposes, a business must examine the...