PWCPA Blog
4 Qualities Your Government Contract Accountant Should Have
No 2 snowflakes are ever the same. The person who proved that took 5,000 pictures of snowflakes. He was looking on the outside. Today's science tells us that there is an element in the air that makes his statement a fact. These scientists were looking from the inside....
6 Common Accounting Obstacles for Government Contractors
Welcome to the mountain of Government Contracting, we are glad you made the decision to climb up these steep slopes. You'll be trekking on a path only for the strong, the brave, and the immensely dedicated. Did you bring your hiking gear? Before you go on any further...
Reaping the Benefits of Cross-Training for Government Contractors
As a government contractor, you often encounter unexpected challenges that can disrupt your operations and hinder your success. Whether it's a sudden absence of key personnel or an overwhelming influx of customers, finding effective solutions is crucial. This is where...
Don’t lose that DoD contract! Let’s get you DFARS 252.204-7012 and NIST SP 800-171 Compliant.
Tell me if these ring a bell-- the Colonial Pipeline breach, the cyberattack on Scripps Health, the ransomware that hit JBL Foods, even McDonalds, Microsoft Exchange, and the Facebook data leaks. These all happened just this year. The pandemic has seen a rise in...
Going Green to Save Some Green!
Let's take a short break from all the DCAA's, the FAR's, the CAS's; a quick breather from #bookkeeping, from the number crunching, from the compliance, requirements and Government Contract Accounting topics and talk about something important. We all live on the same...
The Advantages of Cryptocurrency for Government Contractors
Bitcoin recently soared to $40,000 amid speculation of Amazon.com Inc.'s potential involvement in the crypto industry. The rapid price increase led many to liquidate their holdings. This raises questions about the future of Bitcoin and cryptocurrency. What exactly is...
Tips for Saving on Business Travel
A business travel often is meant to solidify relationships with clients and customers or to gain new ones. Other times it's for sales calls and "meets and greets" with suppliers. In any event, the goal of business travel is generally to make money - not to fritter it...
Use the Post Office to Increase Sales
Despite the popularity of e-marketing, direct mail still works for many companies. How well it works depends on a number of variables. It's a game of percentages. Here are six tips to help improve your company's odds: Direct is the operative word. A key advantage of...
Tax Law Expands Accounting Method Options for Small Businesses
Thanks to changes included in the Tax Cuts and Job Acts (TCJA), many more businesses can now use the simpler and more-flexible cash method of accounting for federal income tax purposes. The new law also includes some other tax accounting changes that are good news for...