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.
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."
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 roots accountants and we know what it takes to build wealth.
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.
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 on QuickBooks, Peachtree and other packages. 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.
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.