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
For more updates about us, subscribe to our Email Newsletter
Latest From Our Blog
The world of Government Contracting can be very confusing. Together with its hundreds of rules and regulations are the acronyms. Let’s go through four of the primary and common procurement methods that are governed by the Federal Acquisition Regulations (FAR); these are the methods the federal government uses to acquire goods and services. Contracting by […]
The Biden administration has just unveiled details about the Federal Supplier Climate Risks and Resilience Rule, scheduled to be added to the Federal Acquisition Regulation (FAR) this month. Being the largest buyer of goods and services– over $600 billion last year, the government has a high chance of financial problems that may stem from climate […]
Some see it as a natural progression– a government is created to help the citizens with their needs; when the citizens become able enough, it’s only expected they do their part for the government. This a simplistic view of things, but this is how government contracting, and just about any business in the world, started– […]
The US government is one of the world’s largest buyers of goods and services. This is why being part of the government contracting industry is a very sought out deal. There are numerous ways to get your foot in the world of Government Contracting. You can start either as a main contractor or a sub-contractor […]
Back when we were all slowly going back to the office, about a year ago from today, President Joe Biden signed Executive Order (EO) 14042, entitled “Executive Order on Ensuring Adequate COVID Safety Protocols for Federal Contractors.” Enforced by the Office of Management and Budget (OMB) and the Safer Federal Workforce task force, federal contractors […]
The Internal Revenue Service has announced higher federal income tax brackets and deductions for 2023. This will be applied to the tax year of 2023 and returns filed in 2024. There are more than 60 adjustments, and you can get the full document from the IRS website. The tables below show how much you will owe […]
We all know that one of the biggest spenders when it comes to services and goods is the U.S. government. The pandemic, made the government spend even more, as it has been racing to help our economy recover by creating and authorizing a lot of government projects. Government contracting is very tedious, has numerous rules […]
To our valued Peter Witts CPA PC Clients, We would like to draw your attention to the suspicious email above that we received in our office. We do not know the source of this email, and out of an abundance of caution, we are sending this out to all of you so that you can […]
The US Government is the largest purchaser of services and goods not in the US but also comparatively the world. Our country has been in procurement for a very long time now and is very successful at it. This is why a lot of companies have gone into federal contracting. This is true considering that […]
QuickBooks is a popular accounting tool for small businesses, and it can be used while maintaining compliance with FAR and DCAA for government contracts. However, you do have to ensure that you’re utilizing QuickBooks properly if you want to maintain that compliance. Keep reading to get a few important tips about QuickBooks accounting if you’re […]