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 […]
Business Technology
Collecting Income from Online Payment Apps? $600 is the New Reporting Threshold
If you use P2P (Peer-to-Peer) payment apps, such as Venmo, Square Cash or PayPal, you may be surprised early next year when you find an IRS 1099-K form in your mailbox. Under the American Rescue Plan, a new law requires P2P providers to send you and the IRS a 1099-K if the gross amount of […]
Going Solar: Commercial Building Owners Could Save $1M-$7M Over the System’s Life
If you’re like most New Jersey residential and business building owners, you’ve become accustomed to multimedia messages prodding you to switch to solar power. Maybe you haven’t acted because you think it’s too expensive. Or maybe you find the incentives confusing. Interestingly, with some of the top incentives in the nation, New Jersey has become […]
Business Operations, 2020 Edition: Connecting in a COVID World
The year 2020 has brought much confusion and turmoil as a result of the COVID-19 global pandemic. As the world went into lockdown, many businesses were forced to close in an effort to decrease the spread of the virus. Unfortunately, many local businesses had to shut down due to financial issues, while others were faced […]
Buying vs. Leasing: Getting the Best Deal on your Business Equipment
To lease or not to lease? This is an issue many business owners often face. If your firm is weighing the pros and cons of leasing versus buying, here are some things to keep in mind. Cost Evaluating costs is more complicated than comparing the price of leasing a piece of equipment versus its purchase […]
The future of cybercrime — and what it could mean for your business
By 2024, the cost of data breeches will reach an estimated $5 trillion. A huge reason for the hefty price tag is a 70% rise in cybercrime. Cybercrime is among the world’s fastest growing criminal offenses, and it shows no signs of slowing down. Today’s cybercrimes can present themselves in various forms — from malware […]