Accounting for Government Contractors

Small businesses that contract with government agencies have special accounting needs. Our expert accountants ensure that you comply with DCAA standards while providing visibility into your finances for effective management.

Schedule a Free Consultation

Always Be Ready To Bid

Your books will always be prepped and accurate the moment you’re ready to bid on a project or submit an invoice.

DCAA-Compliant Bookkeeping

It takes a knowledgeable professional to properly keep DCAA books. This type of accounting can be time-consuming and confusing, with lots of grey area in classifying transactions. We bring that expert eye to your books while giving you visibility into your numbers from a management perspective.

Government Invoicing Services

Submitting invoices to government agencies can easily get you tangled up in knots. You may need to sign into a special web portal and fill out scores of fields to submit a simple invoice. Even a small error can get you kicked back and asked to re-submit without any note of what’s wrong. Doing this right takes a trained and patient pro. We can be yours.

Financial Advising

DCAA is for government reporting, but it doesn’t tell you about the financial health of your business. Along with providing these specialized accounting services, our team can assist you with financial knowledge that will help you run your contracting business more efficiently.

Project-Based Accounting

When managing multiple simultaneous contracts, you need to track the revenue and expenses for each project separately. We give you project-level information to ensure that you remain on budget…and make a profit.

Spot-on Pricing Advice

Bidding on government contracts can be daunting, especially for those price-fixed contracts. Our expert CFOs can help you ensure that you are pricing your bids for success.

Stay in Compliance

Did you remember to update your SAM registration this year? Government work requires that you stay in compliance with federal, state, and local regulations, and that you file updated information regularly. Let us help you keep on top of all of this so you can focus on fulfilling your contracts.

Free Consultation

Let Us Help:

CFO Services Group’s Playbook to Choosing the Right Entity Type For Business Success

Quick Answer: Selecting the optimal entity type for business success requires matching your structural framework to the daily operational workflows and financial risks of your specific industry. A mismatched setup can choke your cash flow with unnecessary...

The CFO Services Group Guide to Minimizing Credit Card Processing Fees For Small Business Owners

Quick Answer: Small business owners can minimize credit card processing fees by switching from a flat-rate provider to an interchange-plus plan, which passes the true wholesale cost of a swipe straight to you. You can trim costs even further by routing...

How Does The Employer Credit For Family and Medical Leave Work for DMV Small Businesses?

Quick Answer: The Section 45S tax credit allows eligible small businesses to offset up to 25% of paid family and medical leave wages or commercial insurance premiums under permanent federal guidelines. To claim these savings, your business must have a...

How To Hire An Intern For The Summer For Your DMV Business

Key TakeawaysPaid summer interns must be classified as W-2 temporary employees rather than 1099 independent contractors because they operate under your direct supervision and training. To legally hire an unpaid intern, your program must pass the strict DOL...

Why Tariff Refund Claims Get Delayed for DMV Small Business Owners

*This guidance is based on CBP’s April 2026 CAPE/IEEPA refund guidance, current ACH refund enrollment rules, and general federal tax recovery principles as of May 15, 2026. Your facts may require coordination with your customs broker, trade counsel, and tax...

How To File A Tariff Refund Claim for Your DMV Business

Key TakeawaysAs of April 20, 2026, the Consolidated Administration and Processing of Entries (CAPE) tool is the exclusive electronic system for reclaiming IEEPA tariff duty payments. Importers must have an active ACE Secure Data Portal account and an authorized...

Does the Tariff Refund Process Apply to My DMV Business?

Key TakeawaysOnly the Importer of Record (IOR) or an authorized customs broker can claim a refund. If a carrier like UPS or FedEx is the IOR, you must coordinate with them rather than filing directly with the CBP. Refunds are exclusively for IEEPA-related...

The 2026 Business Mileage Rate vs The Standard Expense Method For Your DMV Business Vehicles

Key TakeawaysThe IRS business rate for 2026 is 72.5 cents per mile, a 2.5-cent increase from the previous year. To keep your options open, you must choose the standard mileage method in the first year your vehicle is used for business. If you start with...

Common Bookkeeping Mistakes That Make Tax Filing Harder For DMV Business Owners

Key TakeawaysMissing documentation shifts the burden of proof to you. Without a receipt or digital log, it is difficult to defend your records during a year-end review, often resulting in disallowed deductions and higher taxable income.Commingling personal and...

Remote vs In Person Work Setup for DMV Employers

Key TakeawaysRemote work can lower overhead, expand your hiring pool, and improve flexibility. But it can also create multi-state tax and payroll compliance issues. In-person work can improve training, supervision, and team cohesion, but it often comes with...

Ready to come in for an appointment?

Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!