PWCPA Blog
Dracut Businesses: Mid-Year Financial Review Tips for Staying on Track
As we cross the midpoint of 2025, it’s the perfect time for Dracut business owners to hit pause and realign their financial strategies.A mid-year financial review isn't just good practice — it’s critical for staying ahead of tax obligations, ensuring DCAA compliance...
Mastering Cash Flow Management: Essential Strategies for Government Contractors
For government contractors, navigating the complexities of FAR, CAS, and DCAA compliance is only half the battle. Equally critical and often more challenging is maintaining healthy cash flow. Whether you’re awaiting progress payments, dealing with invoicing lags, or...
DCAA Compliance for New Defense Contractors in Dracut: How to Start on the Right Foot
Dracut is quickly becoming a hub for small businesses and startups entering the world of government defense contracts. With billions in defense spending flowing through Massachusetts, now is the time for new contractors to position themselves for success. But before...
5 Ways a Virtual CFO Can Help You Scale Your Business Faster
Scaling your business? That’s exciting—and just a little bit overwhelming. Growth brings opportunity, but it also brings complexity. You’ve got bigger decisions to make, more moving parts, and a lot more riding on your financial accuracy. Maybe you’re expanding your...
Why Indirect Rates Can Make or Break Your Government Contract Profitability
When it comes to government contracts, your price isn’t the only number that matters. In fact, one of the most overlooked yet most impactful components of your financial health as a government contractor is your indirect rate structure. Many contractors focus heavily...
Top DCAA Compliance Challenges for Small Businesses — And How to Overcome Them
If you're a small business stepping into the world of government contracting, DCAA compliance probably feels like an intimidating hurdle. The acronyms, the audit rules, the expectations—it’s a lot. And while most large firms have internal compliance teams and CFOs to...
Top Financial Mistakes Massachusetts Small Businesses Make—and How to Avoid Them
Owning a small business in Massachusetts is a rewarding yet challenging journey. With high operating costs, complex tax regulations, and fierce competition, many entrepreneurs find themselves juggling more than they can handle. The reality? Even the most well-meaning...
Simplifying Government Contract Accounting: Why Expertise Matters More Than Ever
As federal contracting opportunities grow more competitive, having a solid performance record isn’t enough. Your financial foundation, how you track, report, and allocate every dollar can make or break your long-term success. And when compliance is on the line,...
Virtual CFO Services for Massachusetts Manufacturers
Manufacturing is a cornerstone of the Massachusetts economy. From precision machining shops in the Merrimack Valley to biotech component manufacturers in Greater Boston, local businesses face a unique set of financial and operational challenges. As competition...