“Magone & Company understands non-profits very strongly. They’ve taught us ways to strengthen our organization — connecting us with other firms in the city of Newark, and resources we could reach out to for fundraising. They definitely go beyond the basics of what a typical accountant does and help non-profit executive directors take it to the next level.”

Brian McGovern, Executive Director
North Jersey Community Research Initiative
“Magone & Company takes a different approach. One of the things they’re really good at is providing us with a good understanding of how non-profits work from the financial perspective. They go way past the basic things that a non-profit executive director deals with, and really help take it to the next level, both financially and from an infrastructure perspective.”

Brian McGovern, Executive Director
North Jersey Community Research Initiative
“Nick and his team make you feel very comfortable with the numbers. They explain things in the best possible way to non-numbers people.”

Brian McGovern, Executive Director
North Jersey Community Research Initiative
“Working with Magone & Company, we’ve gained real clarity on the weaknesses of the organization on a financial level. During the years we’ve worked with Nick and his team, they’ve identified areas we can now improve upon — tightening up our budgets and internal controls, funding, a new software system, even changes to how we pursue grants.”

Brian McGovern, Executive Director
North Jersey Community Research Initiative
“Nick and his team have been with NJCRI for 5-6 years, but it almost feels longer. They really know our organization — the history, the people — and they are people I trust. They definitely go beyond the basics of what a typical accountant does and help non-profit executive directors take it to the next level.”

Brian McGovern, Executive Director
North Jersey Community Research Initiative
“It’s so important to have a team that understands how a non-profit really works — the experience and community connections that Magone & Company brings to the table have been invaluable for NJCRI.”

Brian McGovern, Executive Director
North Jersey Community Research Initiative
“The professionalism of Magone & Company really stands out. They are very hands-on. Our business encompasses seven different entities, and there’s a lot to learn. They quickly dug in and got their arms around everything we do.”

Lawrence P. Mulcahy, CPA
Vice President and Chief Financial Officer
The Hesse Group of Companies
“In our business, I deal with attorneys, accountants, and engineers, and value integrity more than anything. If I did not see that, I would be remiss in moving forward. Nick and his team tell you exactly the way it is, whether you want to hear it or not. That level of honesty is crucial to me.”

Lawrence P. Mulcahy, CPA
Vice President and Chief Financial Officer
The Hesse Group of Companies
“It’s important to find a CPA firm that matches the needs of your business. I definitely think the integrity and ability to deliver on their fees makes Magone & Company really stand out.”

Lawrence P. Mulcahy, CPA
Vice President and Chief Financial Officer
The Hesse Group of Companies
“Total trust.”

Karl Alizade, President
Citysafe
“In 16 years of being an entrepreneur — through four accounting firms — I can say without reservation that Nick Magone is the best accountant and business advisor that I've ever worked with. He's personable, responsive, thoughtful, prepared and proactive.”

Luke Visconti, Founder and CEO
Diversity, Inc.
“As an expat living in Kuala Lumpur, filing my taxes has become less burdensome working with Magone & Company. I have confidence that all issues around my taxes have been competently addressed. Turn-around time of filings is quick, and there is personal attention beyond the usual client relationship.”

Charlie E. Oropeza
Individual tax client
“Magone & Company takes the time to clearly understand the issues. Their responses to inquiries are prompt, and they are very accommodating and thorough in trying to understand my questions and concerns.”

Charlie E. Oropeza
Individual tax client
“Magone & Company has helped me reduce my taxes. Specifically, through emails and my phone conversations with them, I was able to clearly understand the conditions required so that my income will no longer be taxable in Connecticut. This has resulted in substantial savings.”

Charlie E. Oropeza
Individual tax client
“We had a difficult tax liability dispute with the IRS that we were unable to resolve, and brought the issue to Nick Magone. His knowledge, understanding of the process, and perseverance resulted in a favorable resolution for us.”

Ross Mangina
St. James Community Development Corporation
“Magone & Company’s expertise in the not-for-profit business enables them to provide expert guidance to us in dealing with all of our financial concerns. We’ve been so satisfied with their services that we have recommended them to several other organizations.”

Ross Mangina
St. James Community Development Corporation
“Magone & Company has always ‘gone the extra mile’ for our business, working with us through some difficult times. They provide a level of service that is personal, knowledgeable, and timely.”

Ross Mangina
St. James Community Development Corporation
“Magone & Company’s experience and in-depth knowledge of affordable housing development projects and government funding source compliance have been invaluable to us. In addition to their knowledge and expertise, they have been consistently reliable in meeting deadlines, and their customer service is impeccable.”

Carol Mori
Jersey City Episcopal Community Development Corp
“Magone & Company’s knowledge and expertise have exceeded our expectations. What is most helpful is their responsiveness and competency in meeting our organization’s specific needs.”

Carol Mori
Jersey City Episcopal Community Development Corp
“Magone & Company has done a sensational job for Forever Collectibles — almost like an outsourced CFO. They dig right into any business problem, even areas like personnel that go beyond the usual accounting-based issues. There’s no question that they’ve helped this company grow to a $40 million business since we started working with them in 2000.”

Michael Lewis, CEO
Forever Collectibles
“Magone & Company is pragmatic, consistent, and always available when I need them. They communicate with our auditors, helped us obtain and extend bank lines, and just get things done. Our company is growing very fast, and there’s no question they’ve helped us grow. I wouldn’t even entertain the idea of working with anyone else.”

Michael Lewis, CEO
Forever Collectibles
“As attorneys, my husband and I have the legal area covered. We rely on Magone & Company for the financial aspects of our estate planning. With the laws changing so frequently, they make sure we’re doing things the right way for our family.”

Janine Heyrich
Individual tax client
“They’re always available — that’s what I most appreciate about Magone & Company. No question is too minor, they respond quickly, and are always friendly and happy to help. We’ve been more than happy with the service we’ve received over the years, and so have all the family and friends we’ve referred to them.”

Janine Heyrich
Individual tax client
“The people at Magone & Company always make me feel comfortable when I call with questions. They go out of their way to do right by the customer — even admitting when they don’t have an immediate answer, and responding quickly when they find it. I’m never waiting for days for someone to get back to me — they’re very efficient.”

Janine Heyrich
Individual tax client

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Professional Services Firms

Succeeding in the professional services environment

As a successful professional services firm, we understand firsthand the challenges of your business environment — because we live and breathe them every day.

From choosing the right corporate structure and establishing daily operations to overcoming barriers and getting to the next stage of growth, we’ve been there and lived to tell the tale.

If you’re an established professional service firm rather than a start-up, you’ll benefit from an objective review of your operating procedures and recordkeeping to ensure maximum productivity for your firm and its staff.

At every stage of your business, Magone & Company’s actionable advice and focused planning help you avoid common mistakes and find the most direct route to success. Join the many professional services firms we’ve put on the fast track to growth, including:

  • Law firms
  • Medical practices
  • Consulting groups
  • Sole proprietors
  • Architects and engineers — Ask how you can potentially save taxes on your client´s green initiatives.

Ask how Magone & Company can help your professional services firm mitigate tax consequences, streamline operations, and map out an effective growth strategy.