Roseland NJ, July 27, 2023 — Magone & Company’s Managing Partner Nick Magone lends a global view to every client engagement. So joining forces with Alliott Global Alliance (AGA) was a natural fit for the growing NJ-based CPA firm that bears his name. An international alliance of independent professional firms, AGA is a kinship of business […]
Archives for July 2023
Small Business Guide to Mid-year Tax Planning
Want to lower your next income tax bill? Here are some mid-year tax planning strategies for small businesses: Establish a retirement plan for employees If your business doesn’t already offer a retirement plan, now’s the time as current rules allow for significant deductible contributions. If you’re self-employed and set up a SEP plan for yourself, […]
Proactive Mid-year Tax Planning Opportunities for Individuals
Income tax may not be on your mind right now, but we’re always thinking about ways to help you save. Here are some mid-year strategies that may help lower your individual income tax bill for 2023: Review your tax withholding or estimated payments Nobody wants the surprise of a larger tax bill — or a smaller refund […]
What Today’s CFOs Can Learn from Marketers
Chief Financial Officers (CFOs) and Chief Marketing Officers (CMOs) are generally seated on opposite sides of the boardroom — one focused on the business’s finances, the other overseeing its marketing initiatives. But have you ever stopped to consider how thinking like a marketer can help CFOs make the most of their role and enhance the […]
You vs. the IRS: 5 Common Reasons for Tax Litigation
Most tax disputes with the IRS are settled during audits, collection proceedings and appeals — long before the need for litigation. But sometimes, disagreements with the IRS land taxpayers in federal court. A tax litigation case can result from any form of taxation, from income to local property taxes. And these legal proceedings don’t just […]