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Practical GovCon lessons every small business should apply now The National 8(a) Small Business Conference was packed with honest conversations, real-world advice, and reminders that success in government contracting is less about checking boxes and more about building trust, credibility, and consistency. At VSINGH CPA, we didn’t just attend, we listened carefully with our clients in mind. Below are the most practical, immediately usable takeaways we’re bringing back to you…. Read More

Prepared by VSINGH CPA LLC As we close out the year, now is the perfect time to make sure your accounting method is giving you the clarity, accuracy, and compliance support your GovCon business needs. The method you use—Cash Basis or Accrual—directly affects your indirect rates, invoicing, forecasting, and audit readiness. This guide breaks down the differences in a simple, GovCon-specific way so you can enter 2026 with confidence. Accrual… Read More

Using a Single Overhead Rate?Simplify Your Chart of Accounts: For easier tracking and reporting, consider structuring your general ledger accounts as follows: direct costs starting with 5, fringe with 6, overhead with 7, G&A with 8, and unallowable costs with 9. While you’re free to customize the numbering to suit your preferences, this sequence provides a clean, intuitive framework that keeps things simple and consistent.

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