You Are the Backbone of Our Success
Since our founding in 1947, MCB has been serving the tax, accounting, and audit needs of Virginia, Maryland and Washington, D.C. businesses and their owners. Our success, as well as our clients' success, is built on developing and maintaining long-term relationships by providing personal, individual attention to your financial and accounting needs.
We work with a diverse group of closely held businesses including:
- Broadcasting & Publishing Companies
- Medical Practices
- Professional Service Firms
- Technology Companies
- Transportation & Storage Companies
- Wholesalers & Distributors
MCB's Closely Held Business Practice Group is led by a senior team of business & tax experts which enables us to provide strategic guidance to our clients while consistently delivering timely, high quality products. We work hard to earn your respect and confidence to become your trusted business advisor.
Closely Held Business Services
- Financial statement compilations, reviews and audits
- Employee benefit plan audits
- Tax consulting and compliance
- Strategic tax planning
- Research tax ramifications of proposed transactions
- Inventory and tax accounting methods consulting
- Complex transaction structuring
- International tax
- State and local tax
- Full back-office accounting & support
- Due diligence
- Litigation consulting and expert witness testimony
- Mergers and acquisitions consulting
- Succession planning consulting
- Alternative financing consulting
- Valuation and transaction consulting
MCB Closely Held Business Practice Leaders
Jude J. Covas has extensive and in-depth experience with closely held businesses particularly wholesalers, distributors, and transportation companies. He is an expert in corporate, partnership and individual tax planning and compliance and has represented corporations and individuals before the IRS. He has served as an expert witness in various tax litigation cases. He is a recognized "Top Tax Expert" by Washingtonian Magazine.
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Robert "Bob" Baldassari has specialized in closely held businesses for over 35 years. Bob's expertise includes accounting and financial management, tax planning and compliance services, practice management consulting and development, personal financial and estate planning, internal accounting controls and office automation consulting. He has been recognized as "Who's Who in Finance and Accounting", "Top Tax Expert" in Washington, "Smart CPA" and "Virginia Super CPA".
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Gregory "Greg" Askey has worked extensively with closely-held businesses and their owners providing them with audit, tax, and business advisory services. He has served as an expert witness in various tax litigation cases. He has extensive experience as a consultant in acquisitions, mergers, and due diligence work.
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Elton N. Crotts, CPA - Principal
Elton Crotts has over 35 years of experience performing compilations and reviews of financial statements, accounting for investment funds and trusts and tax planning and compliance for trusts, partnerships, corporations and high-net-worth individuals. His clients include investment trusts, closely held businesses, communications and broadcasting firms, professional service organizations and high-net-worth individuals.
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