For decades, RSM's assurance, tax and business consulting professionals have been helping government contractors navigate the regulatory environment and improve their performance through an ever-changing business and government landscape. Shrinking government budgets, a low-cost, technically acceptable government-buying philosophy and an increasingly stringent regulatory environment means contractors need experienced advisors who understand their industry and will deliver customized solutions that fit.
RSM understands government contracting. Bringing significant industry depth to our services is imperative to providing the highest level of expertise to our clients. Our expertise in the government contracting industry allows us to provide a very specialized service to this highly regulated and unique industry. With credentials built over many decades, we serve as advisor to hundreds of government contractors, weaving our industry experience through every facet of our accounting, tax and consulting services. Whether it is guiding a client through a regulatory compliance issue, assisting in an acquisition or divestiture, enhancing value during the yearly audit or assessing tax ramifications of regulatory changes, our deep knowledge and understanding of the risks and opportunities facing government contractors can translate into substantial value for our clients.
Thin profit margins demand that management take steps to prevent occupational fraud. To ignore the issue can be expensive.
Government contractors who hire a competitor’s employees may qualify as successor employers, avoiding Social Security tax overpayment.
The DOL issued a final rule on EO 13706, Establishing Paid Sick Leave for Federal Contractors requiring leave for employees.
There are exceptions to the 50 percent tax deduction rule related to meals and entertainment benefitting government contractors, some allowing up to 100 percent deduction.
Learn about the number of apportionment issues affecting contractors providing services to the federal government.
Given the recent increase in audits, government contractors should be aware of their unclaimed property compliance obligations.
Contract terms should be evaluated to determine which party bears the economic risk as well as the retention of substantial rights.
Learn key items to keep in mind related to state and federal tax credits and incentives available to government contractors.
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