Former CTM Partner Martin Magida never minced words when providing clients with tax planning advice or recommending ways to grow their businesses. With more than 45 years of experience, Marty developed a special knack for quickly identifying potential financial issues, uncovering obscure tax saving opportunities and offering savvy solutions to help clients reach and sustain their economic goals. As a result, he has become a trusted business advisor to many individuals and companies throughout the country.
Although he works with clients in a variety of industries, he developed a specialized practice with franchise owner/operators in the quick-service restaurant industry. From start to finish, he helps newly registered applicants transition into the business, advises established clients on how to remain profitable and develops succession plans for clients hoping to pass their business on to the next generation.
Marty is a down-to-earth, pragmatic advisor who believes the best way to serve his clients is to get to know them on multiple levels. By fully understanding his clients, he is able to thoroughly assess their needs and provide the best solutions. He takes great satisfaction when he helps a client avoid a potentially costly predicament.
Marty is co-founder and treasurer of the Networking Group, a group of individuals that not only help each other build their respective businesses, but supports the community through a monthly Pay-It-Forward charitable donation program. He also was a long-time member of the National Franchise Consultants & Accountants, an alliance of public accounting firms specializing in franchise accounting for McDonald’s Owner/Operators. He has been a guest panelist at McDonald’s® Owner/Operator and local Chamber of Commerce meetings. Finally, he is a member of the American Institute of Certified Public Accountants and the Illinois CPA Society.
Marty received a certificate of educational achievement in business valuations from the AICPA, and regularly performs business valuations for his clients. He also earned a Bachelor of Science degree in Accounting from Southern Illinois University.
Marty and his wife, Lori live in Buffalo Grove, Illinois. They have three children, Kevin, Glenn and Jennifer, and look forward to spending as much time as they can with their four grandchildren. Marty enjoys listening to a wide variety of music and regularly attends concerts. He also frequently gets together with his long-time friends and actively participates in many charitable organizations.
