Department of Education ED/IES SBIR Program: Funding, Applications and Accounting

Young Student wearing VR googles in a classroom

What Small Businesses Need to Know Before and After an ED/IES SBIR Award The U.S. Department of Education’s SBIR program funds small businesses developing education technology for students, educators, administrators, and other school personnel. The program is administered by the Institute of Education Sciences (IES). ED/IES uses federal contracts for its SBIR awards, which becomes […]

Why Government Contract Businesses Avoid Payroll (And Why It Becomes a Problem)

1099 and W-2 tax forms representing payroll decisions for government contractors

Many government contract businesses start with contractor-heavy teams to stay flexible and avoid payroll complexity. But as the business grows, delayed payroll decisions and inconsistent labor tracking can distort financial reports, inflate perceived profitability, and make it harder to understand true project costs. This article explains why workforce structure is a financial decision and how clearer payroll, time tracking, and reporting systems help government contractors make better decisions as they scale.

FAR and CAS Guidelines for Government Contractors

Person reviewing a document labeled ‘government contract’ at a desk with a laptop, illustrating FAR and CAS guidelines for government contractors.

A Practical guide to how FAR and CAS shape cost tracking, billing, and accounting systems. What Are FAR and CAS (and How Are They Different?) If you’re working on a federal government contract, FAR and CAS already influence how your accounting works, even if you’re not thinking about them directly. The Federal Acquisition Regulation (FAR) […]

Incurred Cost Proposal Guide for Government Contractors

Incurred Cost Proposal for Government Contractors

What Is an Incurred Cost Proposal? An Incurred Cost Proposal (ICP) is an annual submission required from many government contractors that perform work under flexibly priced contracts. The proposal reports the contractor’s actual costs incurred during the fiscal year and is used to establish final indirect cost rates for that period. Throughout the year, contractors […]