Murky Waters for Government Contractors Receiving PPP Funds

House money capitalism fortune

Government contractors, constantly vigilant and monitoring compliance with Federal Acquisition Regulations are faced with unprecedented uncertainty and questions surrounding acceptance of Paycheck Protection Program (PPP) funds and payments under Section 3610 of the CARES Act. Contractors must consider a) the ban against ‘double dipping’ of funds and b) must also consider that loan forgiveness under the PPP may be interpreted as a credit due back to the government in accordance with FAR 31.201-1 (a).

Read More

Interest on all student loans held by the Federal Government Waived due to COVID-19

Graduation ceremony

Contact your loan servicer online or by phone to determine if your loans are eligible. Your servicer is the entity to which you make your monthly payment. If you do not know who your servicer is or how to contact them, visit StudentAid.gov/login or call 1-800-4-FED-AID. See link below for more information from studentaid.gov, including Q&A. https://studentaid.gov/announcements-events/coronavirus

Read More

George Mason University School of Business – Center for Government Contracting Launch

GMU School of Business

Jennifer Eubanks CPA Department’s CEO supports the GMU Center for Government Contracting as a board member and in addition sits the Accounting Sub-Committee. Jennifer lead a discussion with SCORE mentors on accounting systems audits and presented to the small business mentees with this valuable information. CPA Department support George Mason University School of Business kick…

Read More