What MDATaxes does

MDATaxes (legal name McGehee, Davis & Associates) is a family-owned accounting and tax preparation firm headquartered in Arvada, Colorado, with a secondary office in Wheat Ridge. The firm, founded by John McGehee and operating for over 35 years in the Denver metro area, delivers a comprehensive suite of professional services including tax planning and preparation for individuals, C and S Corporations, partnerships, estates, and trusts; day-to-day accounting and bookkeeping with outsourced controller services; payroll; financial and investment management (retirement, estate, trust, succession planning); business formation and incorporation support; and growth advisory for SMBs. The client base is concentrated in the greater Denver metro area, serving individuals, families, and local small businesses across diverse verticals such as auto repair, HVAC, childcare, healthcare, and CBD/hemp.

The firm's core technology stack centers on TaxDome as the secure client portal for document upload, e-signatures, and communication, supplemented by Calendly for online appointment scheduling. There are no proprietary software products, AI/ML capabilities, or platform architecture; the business is fundamentally a human-delivered professional services practice. Customer engagement is driven by free consultations, scheduled appointments, client testimonials (Google/Facebook), and a formalized client-to-client referral network operationalized through a published client business directory on the firm's website, with educational content distributed via the 'Beyond the Numbers' newsletter and MDA TV/Tax Tip Minute video series.

MDATaxes generates revenue primarily through one-time professional services fees for tax preparation (averaging approximately $350 for individual/joint returns and $550 for corporate returns) and ongoing professional services engagements for bookkeeping, payroll, financial management, and business advisory. Pricing is unit-based and complexity-driven rather than subscription-based, with no disclosed flat-rate or recurring SaaS-like contracts. The firm has no external institutional investors, no funding rounds, and no parent company; ownership remains concentrated within the McGehee family, with John and James McGehee as Partners and Terri McGehee and Gloria Cooper (who merged her practice into the firm in 2023) as CPAs. The 1-10 employee headcount and single-region focus position MDATaxes as a local, community-embedded CPA practice rather than a scalable professional services platform.

Name

MDATaxes

Legal name

McGehee, Davis & Associates

Website

https://mdataxes.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1–10 employees

Short description

MDATaxes is a family-owned accounting and tax preparation firm in Arvada, Colorado, serving individuals and small businesses across the Denver metro area with tax preparation, bookkeeping, payroll, business formation, and financial management services delivered through a TaxDome-powered client portal.

Ownership category

akta.pro rank

Product category

Tax Preparation & Accounting Services

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Other Accounting Services (541219)

akta.pro primary industry

Tax & Financial Document Preparation Organization (Non-Advisory) (HSAFAEAG)

akta.pro secondary industry

Trust & Estate Tax Planning & Compliance (FSAEAKAE)

Keywords

• Tax preparation services
• Accounting and bookkeeping
• Financial advisory services
• Business tax compliance
• Payroll processing services

Headquarters

HQ city

Arvada

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Tax Preparation Services: One-time professional services fees for tax return preparation for individuals, small businesses, and corporations. Fees are based on complexity rather than a flat rate.
2. Accounting & Bookkeeping Services: Ongoing outsourced controller services and day-to-day accounting and bookkeeping for business clients.
3. Financial Management Services: Financial planning, retirement planning, estate planning, and investment management advisory services.
4. Business Formation Services: Assistance with incorporating businesses and forming LLCs, helping new businesses get started.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

MDATaxes is a family-owned accounting and tax preparation firm providing professional services to individuals and small businesses in the greater Denver metro area. Its core offerings include tax planning and preparation for individuals and business entities, day-to-day accounting and bookkeeping, outsourced controller/CFO services, business formation and incorporation support, financial and investment management, retirement and estate planning, and payroll services. The firm delivers these services through in-person consultations, a secure client portal (TaxDome), and a licensed CPA/staff team with over 75 combined years of tax preparation experience.

Product overview

MDATaxes is a family-owned accounting and tax preparation firm offering a comprehensive suite of financial services. The core offerings consist of Tax Planning & Preparation, Accounting & Bookkeeping, Financial Management, Business Financial Services, Growth & Development, and Starting from Scratch (business formation). These services are delivered through traditional client interactions supplemented by educational content including the 'Beyond the Numbers' newsletter and MDA TV/Video series featuring Tax Tip Minute segments. The firm operates as a service-based business rather than a software platform.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Most individual returns completed in as little as 3 days
• +1 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• H&R Block: H&R Block is the largest U.S. retail tax preparation chain offering individual and small business tax filing with DIY, assisted, and full-service tiers. It directly competes with MDATaxes for individual and SMB tax clients in the Denver metro area, particularly on price-sensitive 1040 returns.
• Liberty Tax: Liberty Tax is a franchised tax preparation chain offering individual and small business return services. It competes directly with MDATaxes for walk-in individual tax clients in suburban Denver locations.
• Jackson Hewitt: Jackson Hewitt is a national tax preparation franchise with assisted and online filing options targeting individuals and small businesses. Like MDATaxes, it competes for individual filers and offers small business services in physical retail locations.

Regional players

• Eide Bailly: Eide Bailly is a Top 25 U.S. regional CPA firm with offices across the Mountain West and Midwest, offering tax, audit, and advisory services to individuals and businesses. It is the scaled-up version of the MDATaxes model—full-service CPA serving SMBs and individuals—with a Denver-area presence that overlaps with MDATaxes' target market.
• Wipfli: Wipfli is a Top 20 U.S. regional accounting and advisory firm providing tax, accounting, and consulting to SMBs and individuals. Comparable to MDATaxes at greater scale and geographic reach, with similar SMB-focused service mix.

Broad incumbents

• CliftonLarsonAllen (CLA): CLA is a Top 10 U.S. accounting firm providing tax, audit, advisory, and wealth advisory services with strong SMB and individual tax practice. It is comparable to MDATaxes at scale, offering similar full-service CPA offerings to U.S. SMB clients.
• BDO USA: BDO USA is a Top 5 U.S. accounting firm offering tax, audit, and advisory services to middle-market companies and high-net-worth individuals. It overlaps with MDATaxes' tax preparation, financial planning, and SMB advisory offerings but serves a much larger enterprise and personal client base.

Emerging players

• Bench: Bench is a tech-enabled bookkeeping service combining a software platform with dedicated bookkeepers for small businesses. It overlaps with MDATaxes' bookkeeping, payroll, and monthly financial reporting offerings for SMBs, but delivers them through a subscription SaaS-plus-human model.
• 1-800Accountant: 1-800Accountant is a virtual accounting and tax firm serving small businesses and individuals nationwide with subscription-based bookkeeping and on-demand CPA access. It targets the same SMB and individual client base as MDATaxes but through a remote, tech-enabled delivery model.
• Pilot: Pilot is a tech-enabled accounting firm providing bookkeeping, tax, and CFO services primarily to startups and SMBs. It competes for the same Denver small business owner seeking outsourced accounting, CFO advisory, and tax compliance that MDATaxes serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/mdataxes

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MDATaxes