Business Details
43 Years
experience
Trusted Government Contractor Accounting Services in Flower Mound, TX
Since 1983, our firm has specialized in delivering high-quality income tax and accounting services tailored to government contractors. We serve individuals and businesses of all sizes, from single-person firms to multinational corporations across manufacturing, construction, and service industries. Our expertise lies in navigating complex government contractor accounting rules using software solutions designed for businesses of every scale. Our team brings deep experience from the federal government, government contractors, and public accounting, enabling us to offer flexible, knowledge-driven solutions.We prioritize personalized service to help clients meet regulatory requirements while fostering strong relationships with their government customers. Our track record includes assisting over 100 government contractors with accounting regulations and providing audit support for overhead rate compliance. Client testimonials highlight our ability to deliver accurate financial reporting, streamline compliance processes, and enhance client-government partnerships through transparent communication.
Services
Income Tax Services
FAR Part 31 Compliance
Historical Cost Accumulation
Cost Estimating
Expert Witness Testimony
Overhead Rate Audits
Details
- Year established: 1983
Highlights and features
- We have over 40 years of experience serving government contractors since 1983.
- Our team includes CPAs with expertise in FAR Part 31 and Cost Accounting Standards.
- We provide tailored solutions for businesses from single-person firms to multinationals.
- Our clients include former CFOs and corporate controllers who endorse our reliability.
- We offer comprehensive support from tax preparation to audit defense and expert testimony.
What people say
Expertise in audits
Reliable financial reporting
Personalized service
Long-term partnerships
Accurate cost proposals
Services
Government Contractor Accounting
We specialize in accounting systems compliant with FAR Part 31 and Cost Accounting Standards for government contractors. Our services include designing workflows, training staff, and preparing incurred cost proposals using software like QuickBooks and Deltek. We ensure accurate segregation of direct and indirect costs while maintaining documentation for audits.
Income Tax Preparation
Our tax planning and preparation services cater to individuals and small businesses. We focus on creating clear strategies to implement accurate filings while addressing unique government contractor requirements. Our team ensures compliance with evolving tax regulations and optimizes financial outcomes.
Overhead Rate Audits
We conduct audits of overhead rates in accordance with GAAS and GAGAS standards. Our expertise includes compliance with the AASHTO Uniform Audit and Accounting Guide. We provide thorough assessments to validate cost allocations and ensure adherence to federal guidelines.
Cost Estimating
We assist contractors in developing reliable cost estimates for contracts and changes while complying with Truthful Cost or Pricing disclosure requirements. Our team supports proposal preparation and provides expert analysis to ensure defensible pricing strategies.
Expert Witness Testimony
Our CPAs offer expert testimony and consulting in disputes involving government contractor accounting issues. We provide clear explanations for litigation or negotiations, including defective pricing allegations and contract claims, with experience before federal courts and the Armed Services Board.
People
John T. Loving
Partner
Seasoned accountant with expertise in government contractor accounting and tax services. Over 40 years of experience advising contractors on FAR Part 31, Cost Accounting Standards, and audit defense. Published author on contract management topics.
Amanda Sperry
Partner, CPA
Certified Public Accountant specializing in income tax preparation, GAGAS audits, and incurred cost proposals. Over 25 years of experience supporting government contractors with compliance and financial reporting requirements.
Questions
What industries do you serve?
We work with government contractors in manufacturing, construction, and service industries, as well as local governments.
How do you handle compliance audits?
We prepare clients for audits using GAAS/GAGAS standards and support DCAA reviews with documentation and process improvements.
Do you assist with software implementation?
Yes, we help implement accounting software like QuickBooks and Deltek tailored to government contractor requirements.
What tax services do you offer?
We provide tax planning, preparation, and compliance services for individuals and small businesses with government contracts.
Can you help with cost estimating?
Yes, we develop defensible cost estimates for contracts and changes while ensuring compliance with disclosure requirements.
