Philip J. (Phil) Kent

Phil Kent is the leader of the MichaelSilver’s accounting and assurance services team ensuring that clients receive the high quality of service that they have come to expect and deserve. With over 30 years of experience, he continues to work closely with the firm’s family-owned, entrepreneurial client base in delivering a wide range of the many services needed to maintain financial health and longevity.

In addition to delivering high quality audit, review, and compilation services, Phil provides a wide range of other services, including assistance with business acquisitions and sales, profit consulting, succession planning, and employee recruitment.

Phil’s focus includes clients in the automobile and truck dealership industry; vehicle and equipment leasing industry; real estate industry; and manufacturing industry. He continually manages their unique needs with a hands-on, service-oriented approach often delivered through one-on-one consultation.

As leader of the firm’s automobile and truck dealership industry, Phil has dedicated over 25 years of his accounting and consulting career to this industry. He has provided valuable advice related to internal controls evaluation and analysis, LIFO inventory management, and other dealership management consulting projects. Phil’s service approach is focused on addressing and satisfying the critical and unique compliance issues facing his clients through one-on-one consultation, as well as helping ensure that the dealership’s profits are retained and maximized.

Phil has served a broad range of clients within the real estate industry for over 30 years. Phil provides advice and guidance on accounting design, assistance with the implementation of Section 1031 deferred exchanges, implementation of cost segregation studies, as well as traditional accounting and tax compliance. His client list has included large multi-state residential rental lessors as well as captive real estate and business entities. Phil’s client service approach is entirely collaborative and hands-on, with a focus on delivering the highest level of personal service while still keeping pace with the tight timeframes that real estate transactions often experience.

Phil received his Bachelor of Science in Accountancy degree from the University of Illinois, Urbana-Champaign and is member of both the American Institute of Public Accountants and the Illinois CPA Society. He has written articles and presented on a variety of issues.

Phil enjoys spending time with his wife and two children. He is actively involved with sports and in his local community with a particular interest in the autistic community.


Philip J. (Phil) Kent