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After many years of debate Municipal reform has finally been enacted in the State of Ohio. Skoda Minotti wanted to share with you the important provisions of Municipal reform (HB 5) that was enacted this week. The provisions are broken into the different areas impacted: employer withholding, entity changes and individual changes. The majority of […]

Friday, December 19, 2014

As we head into the final month of 2014, it’s a good time to make sure you are taking advantage of any tax-saving opportunities available to you. One of these potential savings applies to the IRS issued Revenue Procedure 2014-15 related to the disposition of assets (assets that are no longer in use). Taxpayers who […]

Monday, November 24, 2014

In any business valuation, valuation experts take into consideration normalizing adjustments for the subject company. The goal of making normalizing adjustments is to provide a foundation for developing future expectations about the subject company by eliminating non-recurring, non-operating or discretionary items and to present the past results of the subject company on a consistent basis. […]

Wednesday, December 17, 2014

An excerpt from Skoda Minotti’s “How a Company is Valued” e-book, by Sean Saari. Investors in publicly-traded companies have the luxury of knowing the value of their investment at virtually any time. An internet connection and a few clicks of a mouse are all its takes to get an up-to-date stock quote. Of all U.S. […]

Monday, December 15, 2014

As the U.S. population gets older, more people, particularly baby boomers, are confronting a dilemma. As parents age, their ability to manage their own finances may decline. That can make it more likely that they may neglect the life savings they’ve worked so hard to accumulate or make costly mistakes with them. Even worse, they’re […]

Thursday, December 4, 2014

Even if you have the best of intentions, it’s easy to overspend. According to a Gallup poll conducted June 9-15, 2014,* 58% of people who had shopped during the previous four weeks said they spent more at the store than they originally intended to. Even if you’re generally comfortable with how much you spend, you […]

Over the last four months, the U.S. dollar increased against foreign currencies and put downward pressure on precious metals. While oil also fell, its correlation to the U.S. dollar index was actually positive, indicating the oversupply and capacity issues were the driver of its fall. The chart below shows the big picture of the U.S. […]

Friday, November 14, 2014

The midterm elections do not seem to be generating a lot of buzz. Perhaps it is me though, not watching the nauseating cable news channels or the general apathy of the nation towards politics, except for watching House of Cards. The S&P 500 price index is up an average of 17% from Nov 1st to […]

Monday, November 3, 2014

You’ve probably seen bit.ly URLs and wondered “Why is that URL so short?” The answer to that and other common Bit.ly questions are below. What is Bit.ly? Bit.ly, Inc. is a quick, and easy-to-use URL shortening service with some basic analytics capabilities tied to it. Why is Bit.ly Used? To make links shorter, less daunting […]

Friday, November 21, 2014

We’ve all seen them – the traditional (and boring) out of office email: “I will be out of the office until Friday, Nov. 7 with limited access to my email. If you have immediate needs, please contact Joe Black at 555-555-5555.” Sure, this gets across what you need it do: You’re out of the office. […]

Skoda Minotti Professional Staffing is currently assisting a client in their search for an Accounting Manager. The client is only considering local candidates at this time. Summary of Responsibilities: This position, reporting to the CFO, is accountable for providing leadership over the accounting systems and processes, tax compliance, financial analysis and the accounting and operational […]

Friday, December 12, 2014

Skoda Minotti is currently seeking a Accounting and Auditing Manager to join our team. The Accounting and Auditing Manager is the liaison between the Partner, the client and the professional staff. Managers are responsible for managing multiple auditing and accounting projects and client engagements simultaneously, and scheduling, staffing and coordinating engagement workflow. Managers develop and train […]

Tuesday, November 25, 2014

Learn the impact to your business Earlier this summer, we posted information about a security flaw that threatened millions of websites through two popular content management systems (CMS), WordPress and Drupal. At the time, both WordPress and Drupal released updates to address this concern. Unfortunately, new security threats continue to surface given the recent release […]

Wednesday, December 10, 2014

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, […]

Wednesday, October 15, 2014

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 […]

Friday, August 8, 2014

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 […]

Monday, July 28, 2014