March 2018

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Is Certification Right For You?

Is Certification Right for Your Business?
Friday, March 30, 2018, 1:00 – 3:00 PM, FREE

Are the Small/Minority Business Certification Programs Right for Your Business?

The government is a huge, diverse market with many buying offices. If you are interested in selling to the government, you should first answer some basic questions and gain a general understanding of how the government buys. Does the government buy your products/services?  If yes, how do they buy?

o Does the government buy my products/services?
o Is the local government your target market
o Are you a good candidate for DBE/MWBE/SBE certification
o Do you meet the requirements for DBE/MWBE/SBE certification
o The procurement function in Colorado
o Understanding the different certification programs

Registration link.

= = =  One-on-one consulting may be available to your business as follow-up to this workshop! = = =

Coming up in April:

Your Capability Statement for Government Contracts
Friday, April 20, 2018, 1:00 – 3:00 PM, FREE

Why It’s Important to Have A Capability Statement and What is the Purpose of a Capability Statement?

Due to the heightened competitive market place in the construction/transportation industry, Capability Statements are no longer common in the public sector procurement and are not exclusive to government contracting. They are now effective in the private sector. In order to be competitive and stay successful in your markets, a capability statement is a critical tool no matter what size company you represent.

o   Introduction
o   Preparation and Planning
o   Basic Capability Statement
o   Writing for Your Audience

Registration link.

See announcement here.

Is Certification Right For You? Read More »

Dirty Dozen 12 – Offshore Tax Cheating

The series of IRS “Dirty Dozen” for 2018 is complete:

#12:  IRS Committed to Stopping Offshore Tax Cheating
It was on last year’s Dirty Dozen list of tax scams, also.  Follow this link to read up on this scam to avoid.

An Abusive Scheme Toolkit for External Stakeholders
Each toolkit provides an explanation of the scheme, background, facts and law, and talking points.
Follow this link for the Toolkit

 

Dirty Dozen 12 – Offshore Tax Cheating Read More »

Dirty Dozen 11 – Abusive Tax Shelters

The Internal Revenue Service warned taxpayers to be wary of abusive tax shelters, which remain on the “Dirty Dozen” tax scams.

Tax law generally allows businesses to create “captive” insurance companies to protect against certain risks. Traditional captive insurance typically allows a taxpayer to reduce insurance costs. The insured business claims deductions for premiums paid for insurance policies. Those amounts are paid, either as insurance premiums or reinsurance premiums, to a “captive” insurance company owned by the insured or parties related to the insured.

Be sure to avoid participating in schemes that lack the attributes of genuine insurance, e.g., coverage may insure implausible risks, fail to match genuine business needs, or duplicate the taxpayer’s commercial coverage.  Read more…

Dirty Dozen 11 – Abusive Tax Shelters Read More »

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