The Small Business Innovation Research (SBIR) program is essential for scientific and technological advancement, requiring meticulous financial management. Understanding the distinction between allowable and unallowable expenses under this program is crucial for...
Your support by signing a SBTC letter will help your firm and others fight the painful tax code of Sec. 174 that is currently in effect. If you are not already aware, Section 174 of the IRS tax code comes into play for tax year 2022. The impact of Sec 174 is...
The two terms have become interchangeable in many ways, but accounting and bookkeeping are very different. Both are necessary for any business. Keeping meticulous financial records is all the more important for grant recipients who must remain compliant with the...
Strong competitive intelligence gives you an edge in competing for grant funding. It gives you a greater understanding of how your assets and goals, compared to those of others in the market, can shape your strategy and ultimately, your proposal. Competitive...
As a potential NIH grant recipient, you may be wondering: “What’s the catch?” Understanding what grant recipients have to give back to NIH, in terms of compliance and oversight, is an important step in the process. Some potential recipients hold back from applying due...