WE UNRAVEL THE RED TAPE OF GOVERNMENT CONTRACT ACCOUNTING
ARE YOU COMPLIANT WITH GOVERNMENT CONTRACT ACCOUNTING RULES & REGULATIONS?
We are a full service accounting firm that specializes in working with companies whose research, technological developments, and support services are largely backed by federal grants and contracts awarded by Federal Agencies.
Peter Witts CPA PC is your one-true partner for Government Contract Accounting. We’ll help you with that new government contract, make sure you keep a good grip, and maximize your profits.
We bank on our more than 20 years of experience plus insider accounting through first-hand DCAA knowledge and expertise. Say goodbye to red tape, and say hello to the vast new world of Government Contract Accounting.
Our vision is to be the accounting firm with the highest reputation for competence, integrity and client satisfaction by bringing clarity to government contractors, small businesses and individuals.
We are dedicated to providing timely and responsive financial advisory services that meet or exceed the expectations of our clients by:
Creating an environment of teamwork, communication, trust and mutual respect.
Developing highly qualified employees dedicated to our firm’s mission.
Working with you to make sure you are 100% satisfied all the time.
Meet Our Team
Peter Witts, CPA
Bruce Haykal MBA,EA
Lyka Mae Mendoza
Jashmyne Dela Paz
Tim Armand, CPA, MPM
What Our Clients Say
“In the federal accounting space there are those who have learned what they know from the outside and advise their clients accordingly ..and then there are those who have extensively worked on the inside and understand from direct experience how the system really works. These guys are well versed in how to avoid the problems as well as how to help their clients address the problems that they’re having when they do business with federal agencies. For those who seek my counsel in this regard, Peter is always top of my list of players they should talk to. Quiet and unassuming but among the very best you want on your side when the need arises.”
Steve Wein, Founder & President
EO Vista, LLC, Acton, MA
“Peter Witts, CPA is an integral part our financial and accounting team. They have designed and delivered a very high quality, DCAA compliant accounting system to EO Vista. The expertise and dedication that Peter Witts, CPA brings to our company makes them one of the key elements in maintaining an overall level of excellence in our accounting and financial systems.”
“Peter Witts CPA PC provides timely, accurate and professional service to meet all our business needs in regards to Government Compliance. His company has always been flexible in partnering with Windmill International Inc. in order to meet company goals in proposal and financial matters involving government documentation.”
978 957 9665
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Latest From Our Blog
Based on the report of TIGDA (Treasury Inspector General For Tax Administration), dated September 22, 2022; it appears that a lot of federal contractors that were able to secure government contracts, still owed a substantial amount of taxes. A Little History Self-certification has been set in place by congress and added to FAR for a […]
One of the biggest allocations of the budget for federal contractors is through the Department of Defense or DoD. This is why the DCAA or the Defense Contract Audit Agency, exists. If you are a contractor and sent out a proposal to work for the DoD, you will have an audit done by the DCAA, […]
When the pandemic hit, the commercial industry was hit hard too. A lot of businesses closed down, not to mention the global supply chain was severely hampered. Through it all, the government contracting industry persisted and stood strong. It’s a great industry to be a part of, there are a lot of perks, like profit […]
Federal Contracting is not an easy world to join. First, the Government has a lot of requirements, regulations, and even inspections. Then there’s the competition, established contractors that may already have a lock on the bid. Here are 5 Tips to start selling your product and services to the Government. Understand the market. You have […]
You want to break into Government Contracting and want to look for the easiest contracts to get. First beef up your team. If you have relevant experience then you are good to go, if not, find partners, teammates, and other companies that will give you the track record to bid. Here are the easiest ones […]
You don’t tug on Superman’s cape, you don’t spit in the wind, you don’t pull the mask off that old lone ranger, and you don’t submit your government contract late. It’s an old story, much like that lady who sued over a cup of coffee. It’s almost an urban legend now. A company submits a […]
Federal Contracts are legally binding agreements between a government agency and a contractor, obligating the government agency to pay for goods or services. When an agency awards a contract, the business must fulfill its part of the deal according to the terms of the agreement. The two types of government contracts are prime and subcontracts. […]
Your company may have the tools, personnel, skills, and expertise that will help in making a contract succeed. But do you know how to bid for a federal contract? Here are a few things to consider: Get certified There are very strict rules, laws, and regulations that are put in place by the Federal Government […]
These days, we can no longer overlook the effects of inflation in fixed-price government contracts. These are contracts where you take the risks of inflation and increase in cost. There are very few contracts that allow for compensation for contractors when inflation occurs, especially in FFP or Firm Fixed Price Contract. You can use an […]
A recent memorandum from the Department of Defense DoD tightens its rules on Cybersecurity standards in its contracts, including actions against non-compliant contractors. The rampant threats in Cybersecurity have made the DoD more strict with compliance in this field. While the Cybersecurity Maturity Model Certification (CMMC) program is still in the works, the DoD is […]