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The government contracting industry is often volatile and unpredictable, highly dependent on the state of our economy, and is always risky and rarely stable. Thompson, Greenspon & Co. has achieved success for their government contracting clients through the combined talents of our members working as a team to solve complex business problems facing the industry.
Government Contracting Staff Expertise:
Thompson, Greenspon, & Co. has been working with government contractors for over 50 years and offers our clients the best possible services:
· Our government contracting group seeks to serve goal-oriented contractors who are looking for an accounting firm to contribute to, not just report profitability.
· Our professionals in the government contracting group undergo specific training focused on the particular business changes confronting government contractors along with electronic subscriptions that inform our team instantaneously of new updates in the industry. · T&G can help navigate through the complex set of statutes, regulations, and contract clauses. · We work to get more meaningful long-term projections, make preliminary estimates more precise, make contract quality greater, make costs more efficient and relationships with government agencies and creditors stronger.
Services Offered
· Accounting Services
o Audits, Reviews, and Compilations
o Contract Cost Control System
o Reporting Methods for Financial and Tax Accounting o Financial Statement Analysis o Expense Item Classification o Budgeting Procedures · Tax Services o Tax Planning and Preparation
o Entity Selection
o Entity Reorganization or Liquidation o Tax Accounting Methods Election o IRS Ruling Request o Representation Before IRS o Tax Planning and Preparation
· Consulting Services
o Reviewing Indirect Cost Rate Structures o Computer System Design o Software and Hardware Selection o Evaluation Compliance with Government Regulations o Assisting with Interface with Government Agencies o Assisting with Cost Proposals o Maximizing Recovery of Costs o Provide Support for 8A and Small Business Programs o Business and Strategic Planning o Business Acquisitions and Dispositions o Succession of Ownership o Pension and Profit-sharing Planning o ESOP Planning o Buy-Sell Agreement Planning o Benefit and Compensation Packages o Financing Packages and Assistance o Annual Rate Submissions o Personnel Training o Accounting Procedures Manuals o Recruitment of Financial Personnel o Break Even Analysis
For more information, please feel free to contact the following individuals: Audit, Tax and Consulting Audit Specialist Contact Jan via Website Here Contact Sirena via Website Here
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