Nextgen Tax Services PLLC
How we got $892K
Based on 15 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
What they do
NextGen Tax Services, PLLC (NextGen Empires) provides tax, accounting, legal and NIL-related financial services to growing business owners, high-income earners and college athletes. It says it serves clients in 24 states.
From the company's website. Industry: Accounting & tax.
Customers & suppliers
Customers
- Essential MD · named on its website
- Money With Mission & Subsidiaries · named on its website
- Advanced Pain of Tulsa · named on its website
- Grassroots Healthcare · named on its website
- 61:4 Properties · named on its website
- Teelo Properties · named on its website
Estimated value over time
▲ 24% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEXTGEN TAX SERVICES PLLC this business | $1.3M | — |
| DRAPER BUSINESS SERVICES, INC. Tulsa · 4 employees | $548K | 0.1 mi |
| VERITAS TAX SERVICES LLC Tulsa · 1 employees | $114K | 0.3 mi |
| GAS EQUITIES INC Tulsa · 7 employees | $1.6M | 0.4 mi |
| Guest Janet CPA Tulsa | $736K | 0.5 mi |
| Mc Glothlin Accounting Services Inc Bixby | $736K | 0.6 mi |
| STRATEGIC SOLUTIONS GROUP INC. Tulsa · 5 employees | $703K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Industry revenue per employee | $47K |
| Revenue = employees × revenue per employee | $1.3M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $255K |
| Cross-check: revenue implied by PPP payroll | $335K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $892K |
| Multiple for this size and industry | 3.5× |
| Value range | $422K – $1.3M |
| Revenue range | $760K – $1.5M |
| EBITDA range | $151K – $301K |
| Industry (NAICS) | Tax Preparation Services (541213) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Cindy founded NextGen in 2017 after working in private practice for nearly 11 years, and has grown the firm from a solopreneur to a powerhouse team of women with a regional footprint.”
Leadership
- CMCindy McGhee, CPAManaging Director · Company website · source
- CAChristina Armstrong, MBAManager · Company website · source
- SPSedalia Parker, CPAManager · Company website · source
- JTJoy ToburenStrategic Partnership Lead · Company website · source
- TGTinisha GentlesRelationship Success Manager · Company website · source
Advisors
- BankingBOKF, National Association, Grand Bank, First Oklahoma BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
| First Oklahoma Bank 7(a) 2020 | All 695 borrowers → |
| Grand Bank PPP 2021 | All 407 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $14K | 4 |
| 1/16/2021 | second | $61K | 15 |
2 locations
| 7806 E 106th Street, Suite 200 | Tulsa | This listing |
| 6316 E 102nd St S | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
| Sep 2020 | 7(a) | $1.8M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Nextgen Tax Services PLLC
Nextgen Tax Services PLLC is an accounting & tax company in Tulsa, Oklahoma, in business since 2017. It is owned by Jonathan McGhee. Its estimated annual revenue is about $1.3M, with roughly $255K of EBITDA. It has about 15 employees. Its estimated business value is $892K (likely range $422K–$1.3M). It has 2 locations.
Common questions
- Who owns Nextgen Tax Services PLLC?
- Nextgen Tax Services PLLC is owned by Jonathan McGhee, according to public sources such as the company's website or filings.
- How much revenue does Nextgen Tax Services PLLC make?
- SeeBITDA estimates Nextgen Tax Services PLLC's annual revenue at about $1.3M (likely between $760K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Nextgen Tax Services PLLC worth?
- About $892K, roughly 3.5× its estimated EBITDA of $255K, typical for a accounting & tax company its size. Likely range: $422K–$1.3M.
- How many employees does Nextgen Tax Services PLLC have?
- About 15, as reported on its PPP loan.
- When was Nextgen Tax Services PLLC founded?
- Nextgen Tax Services PLLC has been in business since 2017.