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Welcome to Jameson & Company, CPAs
For over 30 years, Jameson & Company CPAs have provided expert accounting services for government grantees and contractors. Our experience provides the knowledge you need to navigate the complexities of the Federal Acquisition Regulations (FAR) that govern your award.
We offer the most cost effective solutions to implement a compliant, audit proof accounting system. Our services are designed to help you maximize the use of your government funds and safeguard the profitability of your research projects.
Our firm enjoys an outstanding reputation with the auditors at Division of Financial Services (DFAS) and Defense Contract Audit Agency (DCAA). We are experts in the nuances of different funding vehicles including SBIR and STTR.
Latest News
NIH Lowers Executive Salary Cap by $20,000
Bad news for NIH Principal Investigators and Executives. Due to the passage of H.R. 2055 on 12/23/2011, NIH has reduced their Salary Cap from Executive Level 1 ($199,700) to Executive Level 2 ($179,700). Final Guidance on the Salary Cap implementation is likely to be released sometime this week.
It is expected that NIH will require this cap for FY2012 funds awarded on or after 12/24/2011, but will be revealed in full detail once NIH’s guidance is finalized.
All new proposals going forward must utilize the new Executive Level 2, $179,700 cap. This will have a major effect on University NIH Grants, R01′s, and SBIR/STTR and the direct salary received from these awards.
Information to come, but in the meanwhile, you may read the details via Page 76, Sec 203 of the following document released in conjunction from the Department of Labor & Department of Health and Human Services
http://rules.house.gov/Media/file/PDF_112_1/HR2055CRbill/pcConferenceDivF-BillOCR.pdf
3 Thoughts on SBIR Re-Authorization & Accounting in 2012
We are excited to see our hard work toward SBIR Re-Authorization has proved successful. Our firm was at the fore-front of the battle, attending fly-in’s toWashingtonDCand contacting our Representatives to talk about the importance of Job Creation and American Innovation via the SBIR/STTR Programs.
Considering the new Re-Authorization however, some of our clients & contacts have checked in with our firm over the past few weeks, wondering what the new Re-Authorization will mean for SBIR Accounting moving forward.
The answer is obvious, but more important than ever…. SBIR Accounting compliance is required by Federal law. Whether you’re an SBIR Sole-Proprietor working out of your home office, or a budding success story of the program, the laws and rules still apply.
In particular with the new Re-Authorization, you should pay attention to these important changes that will affect you and your new proposals:
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Hilton Pryce Lewis
President, GVD Corporation
Client since '04
Upcoming Events
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January 31, 2012 2:30 PM - January 31, 2012 3:30 PM
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February 28, 2012 2:30 PM - February 28, 2012 3:30 PM
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March 20, 2012 2:30 PM - March 20, 2012 3:30 PM
Twitter updates
Heard about #SBIR Reauthorization but don't know exactly what it means? Read Jim Greenwood's explanation here #SBTDC - http://t.co/KlDA9YGU
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