PWCPA Blog
MASS Chapter 62F Refund – How Will This Affect You?
Please Read This Important Notice About 62F Before We Begin: As your tax preparer, we cannot help to determine how much you will be receiving in your 62F refund, or how quickly you will be receiving this refund. We have no process for expediting your 62F refund. All...
As a Federal Contractor, Are You Ready for Change?
If the past few years are any indicator, government contractors should be experts in adapting to change. The pandemic hit the contracting world with significant changes-- government shutdowns and supply chain disruption. Shortages in people. Stay-at-home orders and...
TIGDA Sep 2022 Report on Entities with Delinquent Taxes
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...
Important Reminders for Properly Allocating Costs on Government Contracts
If you’re a government contractor, proper cost allocation is absolutely essential to receiving and retaining government contracts. Failure to properly allocate your costs can result in you losing your ability to contract with the government at all in the future, and...
Get Yourself Ready for a Pre-Award Survey!
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...
Mastering Government Contracting: Navigating Challenges and Maximizing Success
When the pandemic struck, the commercial industry faced significant hardships. Numerous businesses shuttered, and the global supply chain was severely disrupted. However, amidst this turmoil, the government contracting industry displayed resilience and stood strong....
Cracking the Code: Essential Tips for Government Contracting and Accounting Success
Entering the world of federal contracting is no easy feat. The Government has numerous requirements, regulations, and inspections in place. Moreover, established contractors may already have a stronghold on bidding opportunities. To help you navigate this challenging...
Unlocking Opportunities and Expert Support for Government Contracting
If you're eager to venture into the world of government contracting and are searching for the easiest contracts to secure, there are several avenues you can explore. However, it's important to prepare yourself and your team adequately. Here are some tips to help you...
Late is a Hardline in Government Contracts
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...