CPA Philly.com, also known as McGovern & Associates is a full service Certified Public Accounting Firm specializing in Tax and Accounting Services

Welcome to our new website. We are proud and excited to rebrand our business CPA Philly - McGovern & Associates P.C.

The reason for the new branding is that we want to highlight the trusted CPA commitment of client service to include new technologies. We are still the same John E. McGovern & Associates P.C. that you have known and counted on for over 25 years, but we are now integrating enhanced technology into your individualized tax and accounting experience.

Our new client user 24/7 portal will make our collaborative tax relationship more efficient, smarter and a secure resource for our Certified Public Accounting firm and our clients. Click on the CPA Login button and create your own personal account. It is completely secure, industry tested, and works seamlessly with your email, quickbooks, Microsoft applications - essentially anything you work with to document, discuss and share your financial details throughout the year with us. Our vision is that each client can save their returns and other trusted documents to our site and use our content and financial tools as a go to resource.

We will also be posting relevant content to this site. This tax season is especially unique with all of the “Trump Tax Law” changes. Be sure to read our comparison of the old rules to the new rules and an explanation of the new Opportunity tax Funds and Zones. We also will be providing tools you may find helpful. We built the website with open architecture to we can add useful client resources as needed. 

Let us know your comments and we look forward to working with you in 2019 and beyond.

Sincerely,
John “Turbo Jack” McGovern, CPA, MST, founder

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About The Firm

Founded in 1992 by John E. McGovern, C.P.A, Masters in Taxation, CPA Philly, also known as McGovern & Associates, P.C. has steadily established itself as a respected member of the business communities of the Greater Philadelphia, Southeastern Pennsylvania, and South Jersey business communities.

Our firm's address, 4109 Main St Philadelphia PA 19127, is indicative of who we are and who we represent. We are truly "Main Street," USA accountants and trusted advisors.

McGovern & Associates, P.C. is located in the lively, eclectic Manayunk section of Philadelphia. The firm continues to be an active participant in the revitalization and rebuilding of Manayunk.

McGovern & Associates, P.C. is about teamwork. Our mission is to be an integral member of each client’s business team and to make a tangible impact on the lives and business that we represent.

We strive to provide high quality accounting services in a personal and professional manner. We respect and challenge each employee to achieve personal growth and to work as partners to each other and our clients. We are active team members of the communities where we do business.

John E. McGovern, C.P.A., M.S.T.
President
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Peer Review

Once again, John E. McGovern & Associates, P.C. has successfully completed a recent peer review. The peer review process is monitored by the Pennsylvania Institute of Certified Accountants.

Peer review has been the cornerstone of the accounting profession’s self-regulatory program since 1977. Designed to assure the public that CPAs practice in firms that provide services of the highest quality, peer review is a periodic outside review of a firm’s quality control system in accounting and auditing. It is also known as a practice monitoring program.

Peer review is a statutory requirement for Pennsylvania firms, and it is also a condition of membership in the American Institute of Certified Public Accountants (AICPA). Most firms are required to have a peer review once every three years.

John E. McGovern & Associates, P.C. has successfully completed all four of its peer reviews since its inception and is a proud member of both the American and Pennsylvania Institutes of Certified Public Accountants.

Tax Compliance

Professionally Prepared Personal and Business income, payroll, sales, retirement plans, and estate tax returns for federal, state, and local taxing authorities. Tax planning strategies for corporations, partnerships, and individuals. Proven tax strategies for mergers and acquisitions, corporation formations, and liquidations. Experienced representation for IRS audits, State, City of Philadelphia and other taxing authorities. We also prepare estate and trust returns.

We are creative, but conservative, in our tax planning techniques.

How can we help you

Accounting and Auditing

Audited, Reviewed, and Complied Financial Statements that meet the standards of your lending institution and provide your management with the financial information that is needed to make prudent business decisions. Field work includes preparing working papers and support schedules, bank reconciliations, and fixed asset schedules. Reconciliation of subsidiary journals such as accounts receivable, accounts payable, inventory, and fixed assets.

Our professionals take time to pay attention to all of the details that are critical to avoiding problems and optimizing opportunities. Our auditory motto is "trust but verify."

How can we help you

Financial Management Advisory Services

Preparation of business plans and valuations, financing requests, mergers and acquisitions, budgets, special purpose reports, projected financial statements, and internal control audits. Troubled business assessment and strategies for restructuring. Evaluation and formation plans for new and emerging businesses and growth ventures. Review of proposed and existing business agreements for maximum tax savings opportunities. Evaluation of major capital investments and loan alternatives.

We are grass root accountants and we know what it takes to build wealth.

How can we help you

Personal Financial Planning

Development or review of plans for tax, retirement, educational funding, investments, insurance, and estate planning. Preparation of personal financial statements. Evaluation of potential investments. Special expertise in real estate including acquisitions, taxation, valuations, and refinances. Our background includes Reviewing Investment Portfolios. We also analyze proposed investments such as tax shelters.

We understand and prioritize your financial goals, then we craft individualized strategies to help you realize your objectives.

How can we help you

Computerized Bookkeeping

We install, customize, and maintain automated bookkeeping systems. We can input your information into our computers, or we can work with your existing system. We are experts of QuickBooks, Peachtree and other packages. We are expert users of the internet, Email and other technologies. Our experts and technology assure timely, accurate financial reports so business owners have the information they need for decision-making.

We eliminate computer and bookkeeping frustrations.

How can we help you

Professional Networking / Intermediary Services

McGovern & Associates, P.C. has a network of associates who include bankers, attorneys, local politians, investment advisors, insurance agents, real estate contacts, and other experts.

We can introduce you to our trusted business specialists as well as peers in your industry.


How can we help you

Our Clients

Technology

Cell Phone and Prepaid Phone Card Operators, Consultants, Government Contractors, Networking, Software Developers, Software Integrators, Web Designers.

Legal

Health law, Immigration Law, Real Estate Law, Business Tax Law, and General Law.

Finance

Bankers, Hedge Fund Managers, Insurance Agents, Investment Managers, Mortgage Brokers, Stockbrokers.

Real Estate

Architects, Appraisers, Condominium and Apartment Associations, Developers, Investment Properties, Laundromats, Office Buildings, Real Estate Agents, Real Estate Leases to Owners, Businesses, Real Estate Professionals as defined by IRS.

Hospitality

Restaurants, Diners, Catering Halls, Pizzerias, Country Clubs, Athletes, Actors and Entertainers. For Eating and Dining establishments prepare necessary forms including sales tax, use and occupancy, payroll, tip reporting and liquor taxes.

Retirement Plans

401K Plans, Simple IRAs, Profit Sharing Dividend Benefits. McGovern & Associates prepares 5500 forms and is qualified to be a third party administrator.

Healthcare

McGovern & Associates, P.C. specializes in the Philadelphia market’s leading industry: healthcare. Our clients include specialists in Cardiology, Dentistry, Family Practice, General Surgery, Imaging, Internal Medicine, Laboratory, Nursing Registry, Orthopedics, Optical, Optometry, Ophthalmology, Orthodontics, OB/GYN, Oral Surgery, Plastic Surgery, Podiatry, Psychiatry, Psychology, Physicians Assistants, Pharmacy, Radiology, and Urology.

Not-for-Profit Accounting and Auditing

Associations, Art Centers, Chamber of Commerce, Community Development Corporations, and Schools. We prepare Federal 990 and 1023 tax forms, state registration, payroll unrelated business tax forms. We assist in the formation and obtaining non profit status. We are available to issue audited, review and compiled financial statements including A-133 yellow book audits. We participate and have passed all Pennsylvania Institute of Certified Public Accountants Peer Reviews.

Transportation

Flite School, Fueling, Leasing Companies, Private Aircraft Operation, Trucking, Tug & Barge Operator.

Executives and Professionals

McGovern & Associates, P.C. prepares individual tax returns, personal financial plans, banking finance requests, college savings plans, retirement plans, tax plans, real estate acquisitions and business formations for many executive professionals throughout the region, across the United States, and around the world. All individual returns are signed by a C.P.A. who also earned a Masters in Taxation. Our approach is to work as a client advocate and be respectful of I.R.S. positions. Our typical individual clients are either on track to have a net worth of $1 million or have already surpassed that milestone and are working to become millionaires several times over.

Retail/Manufacturing

Retail, Wholesale and Manufacturing Concerns.

Foreign Taxation

We also provide services for Non-Residents, Aliens, Resident Aliens, International Students and Diplomats that need to do their Income Taxes in the United States. We have a multitude of services for Domestic and Foreign Corporations that would like to open businesses in the United States; register them with the Federal, State and Local Tax Departments, prepare their initial corporate packages, provide payroll and all relevant tax services.

Insights

Resources

Tax Forms

Click on the link below to visit the appropriate website where you will find necessary forms.

Client login

Prime Rate of Interest

The link below is provided for your convenience, and it will take you off of our site. We are not responsible for your experience.

Check the prime rate

Tax Status Tools

Check status of electronically filed return

Check Status

Tax Organizer

Download a form that will help you prepare for the coming tax year.

Existing clients

Request a Personalized Tax Organizer.
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4109 Main Street,
Philadelphia, PA 19127