How to Navigate Staffing in an Inflationary Environment

At a glance Schedule a consultation with Aprio today The full story: Throughout 2022, no one could escape headlines about high inflation — and according to recent data, it shows no sign of slowing down. The US Department of Labor reported that inflation climbed 7.1% in November from the previous year, and many economists predict…

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New Year’s Resolution #11: I will make sure my employees charge all time worked

At a glance The full story: Without a total time accounting policy, a federal contractor leaves the door open for the possibility of DCAA disallowing labor costs, in addition to distorting the base for proper direct and indirect cost allocations. Uncompensated overtime may be considered noncompliance The term “uncompensated overtime” refers to hours more than…

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New Year’s Resolution #7: I will take advantage of the SBA’s increased size standards

At a glance The full story: The government offers a variety of small business preference programs that enable small businesses to participate in government contracting. However, only firms that meet the definition of a small business can take advantage of the preferences, which primarily consist of certain contracts being set-aside for small business. What must…

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