ASAToday for May 1st, 2025

Cash vs. Accrual Accounting: The Difference for Your Construction Business A successful, sustainable construction business is ultimately about cash management. Your company needs to know not just how much cash it has…

Vehicle Miles Traveled Tax Last Tuesday, February 2nd, the Senate confirmed Pete Buttigieg as transportation secretary.  The main source of federal money for highways and transit, the gasoline tax, has not been…

Defense Production Act – COVID-19 Tests Deployed President Biden signed the Defense Production Act (DPA) to contract with six diagnostics manufacturers in the coming weeks to rapidly produce inexpensive and reliable coronavirus…

CBO’s $15.00 Minimum Wage Report As President Biden attempts to increase the minimum wage to $15.00, it may be stymied by a new report from the non-partisan Congressional Budget Office (CBO), which…

How Reconciliation Works The Small Business Legislative Council provided the following historical synopsis of the budget reconciliation process.  There has been much discussion and speculation regarding whether the Democrats will try to…