Your financial metrics tell a story about your business’s fiscal health. As a business owner, you’re almost certainly reading them differently than a potential investor or funding source. Where you might see profitability and growth, they’re evaluating likely risks and returns. Understanding which numbers investors care about (and why) can mean the difference between a […]
Finances
Love and Money: Must-have Financial Conversations for Engaged Couples
Spring weddings are in full bloom, and May is one of the most popular months to tie the knot. For engaged couples, the to-do list seems endless. But between choosing flowers and finalizing a menu, there’s one critical conversation that many future grooms and brides-to-be avoid: Money. Talking about finances early on can set the […]
More Money, Same Problems: Understanding Lifestyle Inflation
It’s the beginning of a new year, and maybe you landed a promotion with a generous raise. But before you start browsing new house listings or book a dream vacation for your entire family, here’s an uncomfortable truth we see at Magone & Company every day: Most people who get big pay bumps end up […]
One Big Beautiful Bill: What Every Family Should Know About the New Tax Law
The tax landscape just shifted — dramatically. President Trump recently signed the “One Big Beautiful Bill” into law, bringing the most significant tax changes in years. From employees and families to entrepreneurs and charitable donors, this new legislation may impact your 2025 tax return and beyond. Let’s break down the key changes: Your tax rates […]
The Tax Implications of International Investments
There are numerous benefits to investing overseas — from diversification to the potential for more growth opportunities. But as a U.S. taxpayer, if you’re making foreign investments, Uncle Sam still wants his share of the profits. Keep in mind, different types of investments may require different tax treatments. Get up to speed with the taxation […]
Six Tax-planning Strategies for High-Income Earners
Whether you’ve successfully started a business or paid your dues to climb the corporate ladder, you’ve put in the hours and made sacrifices to find yourself among the ranks of high-income earners. But with great success comes great responsibility, particularly when it comes to managing your taxes. As a high-income earner, you have unique opportunities […]