+1-703-437-8877 info@millermusmar.com Business Clients Portal Online Payment Individual Clients Portal
  • Who We Are
    • About Us
    • Affiliations
    • Awards
    • Community
    • SC Advisors
    • Client Testimonials
  • What We Do
    • Accounting
      • Accounting Software Systems
    • Assurance
      • Audit + Audit Approach
      • Review
      • Compilation
      • Audit for Government Contractors
      • Agreed-Upon Procedures
    • Tax
      • Tax Planning
      • Tax Compliance
      • International Taxation
      • Controversy
    • Management Advisory Services
      • Business Valuations
      • Cybersecurity
    • Internal Audit & Risk Advisory Services
  • Who We Serve
    • Government Contracting
      • FAR and CAS Compliance
      • Pre-Award Accounting System
      • Audit for Govcon
    • International Services
      • US Expats
      • Non-Resident Aliens
      • Streamline Filing
      • International Tax Service/FIRPTA
    • Medical
    • Nonprofits
    • AASHTO
    • IA&RA
  • Resources
    • Newsletters
    • Events
    • Financial Literacy Calculator
  • Careers
    • Employees Testimonials
    • Corporate Culture
    • Employee Benefits
    • The Employee Experience
    • Job Opportunities
  • Contact

Resources

Newsletters

Our regularly updated newsletter provides timely articles to help you achieve your financial goals.

Government Contract SBA NEWSFLASH:

On December 17, 2018, President Trump signed the Small Business Runway Extension Act (H.R. 6330)* into law. The Small Business Act previously measured a company’s size under the prescribed size standards on a basis of the company’s average annual receipts from the previous three years; the new law extends this time to five years!

The change was designed to reduce the impact of rapid-growth years and resulting spikes in revenue that could prematurely eject a small business out of a size standard. It was also designed to allow small businesses to have more time to grow and develop their competitiveness and infrastructure.

Because it was signed by the President, the law is effective now! However, it is unclear how the Small Business Administration and agencies will view this change absent regulations. If the change impacts your size status as of January 1, 2019, we would be happy to discuss this with you, as the change could impact small business size representations made in SAM or on proposals you are submitting. You can reach us at 1-703-437-8877 or email us at info@millermusmar.com

 

*=Reference: https://www.congress.gov/115/crpt/hrpt939/CRPT-115hrpt939.pdf

Please feel free to contact us to discuss how we can work with you to achieve your goals.
MillerMusmar is committed to the professional standards of
competence, objectivity, and care with every service provided.
Reston, VA Office

MillerMusmar CPAs
2100 Reston Parkway Suite 400
Reston VA 20191
Phone: +1-703-437-8877
Fax: 703-437-8937
info@millermusmar.com

2023 © Copyright All Rights Reserved
CPA Website Design by Thomas Digital