James Magno, CPA

Welcome to James Magno, CPA LLC, a trusted certified public accountant (CPA) firm serving Rockville, Maryland and the surrounding areas for over 30 years. Our practice specializes in individual and business tax preparation, planning, and advisory services.

Our Services

*Tax Preparation and Planning*

Our tax preparation services cater to individuals, trusts, and businesses alike. We provide bespoke attention and the advantage of our thorough understanding and experience. Our goal is to help our clients minimize their tax liabilities and navigate the complexities of tax laws.

*Estate Planning and Administration*

Efficient estate planning is essential for reducing tax burdens while effectively executing a client's wishes for their assets. Our services involve gift tax planning, charitable giving strategies, and coordinating with estate attorneys and financial planners. We also offer administrative support for families experiencing recent deaths, educating them on tax-related matters and providing stability in challenging times.

*Business Consultation*

Starting a new business or navigating its growth phases requires informed decisions about the entity's structure. We provide consultation services to help clients determine whether their businesses will work best as corporations, partnerships, or LLCs. Our expert budgeting and projections support informed planning and decision-making. As a resource for attorneys, our firm offers tax preparation services for attorneys and their clients, as well as assistance with tax calculations for estate planning and outsourcing of probate accountings.

*News & Insights*

Stay informed with our latest updates and insights. Our blog addresses relevant topics in accounting, finance, and estate planning, with informative articles that cater to both individual and business clients.

Our Team

*Jim Magno, CPA*

Jim founded James Magno, CPA LLC in 2014 with over 30 years of experience in public accounting. His concentration lies in estate-related tax preparation and estate administrative assistance. Jim is a member of the AICPA, MACPA, MSATP, APCPA, and NCACPA. He received his BS in Accounting from the University of Maryland and obtained his Masters of Taxation from the University of Baltimore. He has also received certificates of completion for Trust Tax I and Trust Tax II from Cannon Trust School.

Contact Us

For inquiries or to request our services, please use the contact information provided below:

Address: 51 Monroe Place, Suite 402, Rockville, MD 20850

Phone: 240-778-6041

Email: info@taxjm.com

At James Magno, CPA LLC, our experienced and dedicated team is committed to serving your tax and estate planning needs. Let us help you navigate financial success with personalized attention and in-depth expertise.