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In this tutorial, the speaker addresses common myths about invoicing for federal government contracts. Drawing on over a decade of experience, the discussion emphasizes that payment methods and frequencies are dictated by the specific contract in place. It references the importance of registering your business on SAM.gov, where a bank account must be provided for electronic payments. The speaker highlights the significance of the mPIN, explaining that it is essential for any future changes to banking information. Overall, the video aims to clarify misconceptions and provide valuable insights into the invoicing process for government contracts.