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IRS Issues 2023 Standard Mileage Rate Increases

IRS Issues 2023 Standard Mileage Rate Increases

by PC Editorial Staff | Jan 4, 2023 | Federal Contractors, Gig Economy, Independent contractors, IRA, IRS, Jobs

Recently, the Internal Revenue Service (IRS) issued its 2023 standard mileage rate increases for calculating standard mileage deductions. In brief, the notice provides the optional rates for computing the deductible costs of operating an automobile for business,...
Biden Administration Awards $154.2B in Contracts for Small Businesses

Biden Administration Awards $154.2B in Contracts for Small Businesses

by PC Editorial Staff | Aug 2, 2022 | Biden Administration, Federal Contractors, Small Business Administration

On July 26th, 2022, the U.S. Small Business Administration (SBA) announced that the Biden-Harris Administration awarded a record-breaking $154.2 billion in contracts for small businesses. The total was a significant increase from the previous fiscal year’s total for...
Mid-Year Increases to IRS Mileage Rate for 2022

Mid-Year Increases to IRS Mileage Rate for 2022

by PC Editorial Staff | Jun 14, 2022 | Federal Contractors, Independent contractors, IRA, IRS

The Internal Revenue Service (IRS) recently announced it is modifying its previous Notice 2022-3, 2022-2 I.R.B. 308, increasing the IRS mileage rate for 2022. The notice provides the optional standard mileage rates for computing the deductible costs of operating an...
Company Submits False Claims to FEHBP, Ordered to Pay Over $34 Million

Company Submits False Claims to FEHBP, Ordered to Pay Over $34 Million

by PC Editorial Staff | May 10, 2022 | DOJ, Employee benefit plans, Federal Contractors

The U.S. Department of Justice (DOJ) announced on April 29th, 2022, a $34.37 million settlement in a case of Federal Employees Health Benefits Program (FEHBP) fraud where a hearing aid company made false FEHBP claims. In brief, the company allegedly submitted claims...
WHD Will Hire 100 Investigators to Support Enforcement Efforts

WHD Will Hire 100 Investigators to Support Enforcement Efforts

by PC Editorial Staff | Feb 8, 2022 | DOL, Federal Contractors, FLSA, FMLA, WHD

The U.S. Department of Labor (DOL) announced on February 1st, 2022, that its Wage and Hour Division (WHD) will add 100 investigators to support enforcement efforts. Specifically, the team will focus on the protection of workers’ wages, migrant and seasonal workers,...
Executive Order Increases Federal Contractor Minimum Wage

Executive Order Increases Federal Contractor Minimum Wage

by PC Editorial Staff | Jan 19, 2022 | DOL, Executive Orders, Federal Contractors

The U.S. Department of Labor (DOL) issued a memorandum on January 13th, 2022, which provides guidance on the application of Executive Order 14026 (EO 14026) which increased the federal contractor minimum wage. In short, the guidance highlights the differences between...
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