Entrepreneurial Spirit. Independent expertise.


Do you qualify for a small business accounting firm?

by Mary Stucke

I recently read an article in Accounting Today stating “the American Institute of CPA’s told a congressional subcommittee that it should urge the U.S. Small Business Administration (SBA) to increase its small business size for small business accounting firms to $25.5 million from the current $8.5 million.”

What does this mean for you?

The SBA’s size standards define whether a business is small and thus eligible for government programs and preferences reserved for small business concerns.  According to the article, this could have a significant impact when accounting firms classified as small compete for larger contracts in the federal marketplace.

Click here to read the full article.

This entry was posted in Audit & Tax Talk and tagged Accounting. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>