Public Sector
Bringing accounting solutions to public sector clients has been a primary specialty of Witt Mares for over 20 years. This specialized area of accounting services represents 35% of the firm's audit services.
The abundance of clients in this area in need of specialized services prompted the firm to develop the Public Sector Team, a dedicated group of seasoned professionals who provide services specifically geared to meeting the needs of not-for-profits and governmental entities. Team members understand that each entity is unique, with its own culture, circumstances and mission; therefore, services are tailored to meet each organization's needs.
Serving public sector clients is a vital part of our Firm's past, present and future. We bring structure to the spiraling demands placed upon the public sector, so that you can do what you do best – serve your community and constituents.
Procedures
In today's economy, public sector organizations must operate and think more like a for-profit business to fulfill their mission and to survive the shifting paradigms of funding and governmental regulations. At Witt Mares, we bring for-profit philosophies to public sector organizations to help organizations focus on opportunities to:
- improve efficiencies
- maximize revenue
- increase their credibility
- meet their stewardship responsibilities
- position themselves to anticipate and capitalize on opportunities to come
Services
It takes a dedicated company to focus on understanding the complexities of serving government and non-profit clients. Witt Mares, PLC offers a complete package of services, an impressive combination of resources, experience, and commitment to serve the needs of governmental and not-for-profit entities.
Witt Mares goes above and beyond the traditional accounting and tax services by providing our clients with the following services:
- Accounting and Auditing (Risk-based Approach)
- Tax Services
- Advisory Services
Issues & Perspectives
Issue At A Glance: IRS Redesigns Form 990 for the 2008 Tax Year
The new Form 990 requires substantial changes in reporting requirements over previous years. Are you aware of what you can be doing now to limit the impact to your organization. More...
Issue At A Glance: Penalty Excise Tax Increase For Tax Exempt Organizations
Under the Pension Protection act of 2006, the penalty for "excess benefit transactions" has been increased from $10,000 per occurrence to $20,000. The penalty will affect all 501(c)(3) and 501(c)(4) organizations. More...
Issue At A Glance: Corporate Governance For Not-For-Profit Organizations
The House of Representatives finished its first 100 hours. There was a flurry of activity and a number of bills were passed. The change in the control of Congress may affect a number of issues facing non profit organizations including the drive to place accounting restrictions on these entities. More...
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Team Members
Useful Links
- Board Source
- The Chronicle of Philanthropy
- USA.gov
- GuideStar
- National Center for Charitable Statistics
- The NonProfit Times
Clients
Taking care of public sector organizations is a business we know well, through experience, ongoing education, and a commitment to serve the community. Our firm's partners serve on the board of directors of not-for-profit organizations and participate in charitable activities such as community fundraisers.
- Foundations
- Voluntary health and welfare agencies
- Museums
- Performing arts organizations
- Other non-profit organizations
- Local governments and authorities
At Witt Mares, we bring for-profit philosophies to public sector organizations.
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