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In my recent blog, I discussed the settlement details from the Ohio Bureau of Workers’ Compensation lawsuit. The next step is to understand how much your settlement payment will be and when you can expect to receive the funds. The easiest and most accurate way to determine the timeline and the amount of your settlement […]

Monday, October 20, 2014

Many business owners underestimate the time it will take to sell their company. From start to finish, exit planning can take up to five years to finalize. There are three major phases involved with exit planning. Each phase has important steps that need to be taken which take time to complete. Preparing to Exit The […]

Wednesday, October 15, 2014

In my earlier blog, I addressed the skill of the fraudulent employee. In today’s blog, we’ll look at fraud from the perspective of the client based upon a fraudulent employee’s actions. Determining what a fraud examination will cost is nearly an impossible task – if not totally impossible. When meeting with a prospective client, or […]

Monday, October 13, 2014

Under the income approach to business valuation, the discount rate is one of the key inputs in determining a company’s value. In the book Valuing a Business, Shannon P. Pratt (one of the leading pioneers in valuation theory) defines a discount rate as follows: “In economic terms, a present value discount rate is an ’opportunity […]

Getting organized for your year-end investment review with your financial professional may help make the review process more efficient. Here are some suggestions for making your meeting as productive as possible. Decide what you want to know One of the benefits of a yearly investment review is that it can help you monitor your investment […]

Saturday, October 11, 2014

An inheritance is generally worth only what your heirs get to keep after taxes are paid. So when it comes to leaving a legacy, not all property is created equal–at least as far as federal income tax is concerned. When evaluating whom to leave property to and how much to leave to each person, you […]

Friday, October 10, 2014

Okay, love may be a strong word to describe these colorful data points plotted below. But I do not think investors are paying these enough mind. Everyone has said interest rates will rise, usually generically referring to the 10-year bond. Investors crowded into short duration bonds to avoid a rise in interest rates. Interestingly from […]

Thursday, September 25, 2014

The European Central Bank (ECB) shocked capital markets yesterday by lowering its overnight rate, marginal lending facility, and deposit facility on Thursday. This led to a steep decline in the Euro against the U.S. dollar of 2%, a huge move for currency markets. ECB president Mario Draghi announced the ECB would begin purchases of asset-backed […]

Monday, September 8, 2014

Product Feature: HubSpot CRM HubSpot, a leading inbound marketing and sales platform, has announced a new platform to its suite of online offerings – The HubSpot CRM. This customer relationship management system (CRM) breaks you out of the traditional sales process. It eliminates manual tasks and adds value at every turn, propelling your sales team […]

HubSpot – The Company HubSpot is the world’s leading inbound marketing and sales platform. Since 2006, HubSpot has been on a mission to make the world more inbound. Today, over 11,500 customers in 70 countries use HubSpot’s software, services, and support to transform the way they attract, engage, and delight customers. HubSpot is headquartered in […]

Skoda Minotti Professional Staff is currently assisting a client in their search for an Accountant. Essential functions of this position include: General ledger account analysis including journal entries Preparation of financial statements in accrual and cash basis Analysis of all general ledger accounts to determine and verify correct postings Education and experience required: 6+ years […]

We are currently assisting our client in their search for an IT Help Desk Technician. The IT Help Desk Technician will maintain and monitor end-user workstations and productivity on local area and wide area networks; perform a variety of maintenance, software installation, end-user support and training tasks, and provide support to staff on all company-supported […]

Skoda Minotti and the Risk Advisory Services team invites you to join in the free PCI (Payment Card Industry) Awareness eLearning,* program. This is a training awareness initiative to drive greater learning and protection of payment data worldwide. The offer for free PCI Awareness online training runs for one week from October 13 – 20, […]

Home Depot. Neiman Marcus. Target. We’re all familiar with the biggest retail data breaches, and chances are you’ve been personally affected by at least one of them. Increasingly, it has become common for hackers to steal information from businesses of all sorts and sizes. According to the Identity Theft Resource Center, there have already been […]

August 4, 2014 [Cleveland, Ohio]  Skoda Minotti, a national CPA, financial and business advisory firm headquartered in Cleveland, Ohio, announced the promotions of Robert D. Coode and Sean A. Saari to partners of the professional services firm. “We are proud to appoint Robert and Sean as Partners of the firm. Their dedication to helping our […]

Skoda Minotti, a national CPA, financial and business advisory firm headquartered in Cleveland, Ohio, announced the addition of Laura Rohde as Human Resources Director. Rohde will manage the training and development initiatives, recruiting, retention and performance management for the firm’s Cleveland and Akron, Ohio and Tampa, Florida locations. “We are excited to welcome Laura to the […]