It is not too late to take advantage of the tax deduction that getting on to a GSA Schedule Contract can and will provide.
Tax Savings – Contracting with a consulting firm to complete your GSA Schedule is fully tax deductible in the year the expenditure was made. Contracting with a consulting firm now rather than in the first quarter is advisable because it returns a major portion of your cash flow to the firm in terms of reduced income tax a year sooner.
While most United States Businesses are in pandemic mode bracing themselves for what could be another great depression or atleast recession the Government spending is on the rise.
With the coronavirus pandemic exacerbating a slowdown in the global economy, governments around the world may have no choice but to increase spending to support businesses and households well into the next year, according to an economist from S&P Global Ratings.
Now more than ever is the time to be looking at Government Contracting especially if you are a small business.
GSA SCHEDULE Contracts also referred to MAS Contracts are the entry level into the Government Sector and will allow small business a consistent stream of revenue.
BKM Management Consulting has the knowledge to help your business gain a GSA Schedule Contract under the MAS Schedules.
Shame on small businesses for not learning more about Government Contracting in these uncertain economic times.