New Sales Tax Exemption for the Automobile Repair Industry

In good news for the automobile repair industry, Virginia has enacted a new sales tax exemption for separately stated labor charges rendered in connection with diagnostic labor services for auto repair work and emergency roadside service for motor vehicles, even if tangible property is sold as part of the transaction. 

2023-08-14T12:55:59-04:00August 14, 2023|Categories: Tax: Business|Tags: |

SEFA Preparation Best Practices

As our government clients strive to optimize the way they manage finances, compliance with Office of Management and Budget (OMB) requirements is critical. When it comes to the Schedule of Expenditures of Federal Awards (SEFA), it’s important to implement procedures that ensure an accurate and complete SEFA.

2023-08-08T12:49:35-04:00August 10, 2023|Categories: State and Local Government|Tags: |

Achieving Competitive Advantage Through ESG Practices in Government Contracting

If you're a small business owner, you may have come across the term ESG and wondered about its meaning. ESG stands for Environmental, Social, and Corporate Governance, which are important factors that investors use to evaluate companies of all scales.

2023-08-08T12:25:48-04:00August 8, 2023|Categories: Government Contracting|Tags: |

PBMares Cares Corporate Responsibility Program Awards Grants to Area Not-for-Profits

Read about the recipients of the 2023 PBMares Cares Corporate Responsibility Grant program, which supports the work of nonprofit partners in the communities of the Firm offices’ footprint.

2023-08-08T10:33:47-04:00August 8, 2023|Categories: News Releases|

Carbon-Reduction in Commercial Real Estate

Decarbonizing commercial real estate is becoming an industry-wide imperative. Tax incentives in the Inflation Reduction Act give taxpayers several options to offset the cost of energy-efficient upgrades.

2023-08-01T10:42:36-04:00August 1, 2023|Categories: Construction and Real Estate, Tax: Business|Tags: , |

Why the TikTok Ban on Contractor Devices is a Big Deal

The US has issued an executive order banning all federal contractors and employees from downloading or using TikTok on any device that is owned by the government, citing security concerns. This ban has sparked much debate about the future of the platform and what this means for users.

2023-07-26T13:49:51-04:00July 26, 2023|Categories: Cybersecurity, Government Contracting|Tags: |
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