Business Details
43 Years
experience
Trusted Accounting Services for Government Contractors in Flower Mound, TX
Since 1983, Loving & Sperry has specialized in delivering high-quality income tax and accounting services tailored to government contractors. Our expertise spans serving individuals and businesses of all sizes, from sole proprietors to multinational corporations across manufacturing, construction, and service industries. We provide personalized solutions to navigate complex government contractor accounting rules, leveraging software suited for entities of all scales.Our team brings deep experience from the federal government, contractor roles, and public accounting, enabling us to address diverse client needs with flexible, informed strategies. Client satisfaction remains our priority, as evidenced by long-term partnerships and testimonials highlighting our reliability and technical proficiency.
Services
Tax Preparation
FAR Compliance
Cost Estimating
Overhead Audits
Incurred Cost Submissions
Details
- Year established: 1983
Highlights and features
- We have over 40 years of combined experience in government contractor accounting.
- Our team specializes in FAR Part 31 and Cost Accounting Standards compliance.
- We offer personalized service for businesses of all sizes.
- Our professionals have worked with DCAA and federal agencies.
- Client testimonials highlight consistent, reliable results.
What people say
Very happy with the results
Expertize helped us
Enhance that relationship
Services
Tax Preparation
We prepare personal and business tax returns tailored to government contractors' unique requirements. Our process ensures compliance with federal regulations while optimizing deductions. Clients receive accurate filings supported by strategic planning.
FAR Compliance
Our FAR Part 31 expertise helps contractors meet cost accounting standards. We design systems for direct/indirect cost segregation and unallowable cost identification using platforms like QuickBooks and Deltek.
Cost Estimating
We develop reliable cost estimates for contract pricing and changes. Our methods align with Truthful Cost or Pricing disclosure requirements, supporting accurate proposals and change order negotiations.
Overhead Audits
We conduct GAAS/GAGAS-compliant overhead rate audits following AASHTO guidelines. Our audits ensure compliance with federal standards and streamline client interactions with DCAA and other agencies.
Incurred Cost Submissions
We prepare DCAA-compliant incurred cost proposals using ICE format. Our team ensures accurate historical cost documentation for progress payments and annual submissions.
People
John T. Loving
Partner
Seasoned CPA with 40+ years of experience in government contractor accounting. Expert in FAR Part 31, Cost Accounting Standards, and DCAA compliance. Authored industry publications and provided expert testimony.
Amanda Sperry
Partner
Certified Public Accountant specializing in tax preparation and GAGAS-compliant audits. 25+ years of experience with incurred cost proposals and FAR Part 31 compliance for government contractors.
Questions
What services do you offer for government contractors?
We specialize in tax preparation, FAR Part 31 compliance, cost estimating, overhead rate audits, and incurred cost submissions.
How long have you served government contractors?
Our firm has provided accounting solutions for government contractors since 1983, with deep regulatory expertise.
Do you work with small businesses?
Yes, we serve businesses of all sizes, from one-person firms to multinational corporations.
What industries do you support?
We work with clients in manufacturing, construction, and service industries.
