Business Trends highlights activities, innovations, legislation and
changes in economics and demographics that may directly or indirectly
exert major influences on businesses ranging from enterprise business
down to work at home businesses. Additionally, persons at all levels of
business operation can find valuable business resources and services
throughout our Business Center,
primarily in the Business Maintenance section. (For Business
Maintenance, see the
Business Center
SiteMap.)
REDUCTION OF THE FEDERAL GOVERNMENT WORKFORCE
In an effort to reduce duplication and cost within the Federal government and
lessen government competition with the private sector, the Bush
administration has published revised rules for determining which government
contracts and functions should be outsourced to the private sector. Over
850,000 Federal government jobs could be affected by these rule changes.
The revisions to OMB Circular No. A-76 are also intended to streamline a
confusing and time-consuming contract competition process that can take
years to complete. These changes should make it easier for private
contractors to successfully bid on government contracts, especially those
in the information technology arena.
OMB Puts Federal Jobs Up for Grabs,
FCW.COM (Federal Computer Week)
Circular No. A-76 (Revised) dated May 29,
2003, Office of Management and Budget, (OMB), Executive Office of the
President (Adobe
PDF file)
STREAMLINED SALES TAX PROJECT
The Streamlined Sales Tax Project is an effort created by state governments,
with input from local governments and the private sector, to simplify and
modernize sales and use tax collection and administration. The
Project’s proposals include tax law simplifications, more efficient
administrative procedures, and emerging technologies to substantially
reduce the burden of tax collection. The Project’s proposals are
focused on improving sales and use tax administration systems for both Main
Street and remote sellers for all types of commerce. (Excerpt from the
Streamlined Sales Tax Project Executive Summary dated March, 2003)
Streamlined
Sales Tax Project (SSTP)
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