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When you make a donation to a qualified charitable organization, you probably think you can write off the full amount of the contribution, no questions asked. In fact, you might not even give the matter a second thought. But the tax rules for charitable deductions are fraught with perils, including numerous limitations and special restrictions. […]

Wednesday, August 27, 2014

The IRS is encouraging taxpayers who have been hiding assets in foreign accounts to step forward and pay their fair share of U.S. taxes. To facilitate this goal, it has announced major changes to its Offshore Voluntary Disclosure Program (OVDP). In doing so, the IRS is using a “carrot-and-stick” approach by widening the scope of […]

Tuesday, August 26, 2014

Steps to Take Now That Your Personal Information Has Been Compromised. Identity theft is the fasting growing white collar crime in the United States.Taking a proactive approach can mitigate any potential future losses.You must be prepared to respond immediately if you are an identity theft victim. Combating the crime of identity theft is for the […]

Friday, August 29, 2014

(An excerpt from Skoda Minotti’s “How a Company is Valued” e-Book) 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. companies, however, less […]

Monday, August 11, 2014

Spouses of employer-sponsored retirement plan participants have certain rights when it comes to the plans. Because of this, the legal definition of “spouse” is very important to both plan sponsors and plan participants in understanding how a retirement plan works. On June 26, 2013, in United States v. Windsor, the U.S. Supreme Court struck down […]

Wednesday, August 13, 2014

We all have some preconceived notions about what retirement will be like. But how do those notions compare with the reality of retirement? Here are four common retirement myths to consider. 1. My retirement won’t last that long The good news is that we’re living longer lives. The bad news is that this generally translates […]

Money market funds used to be an afterthought. An investment vehicle that paid nice interest, (remember 5% back in 2007?), with funds available on demand, and mostly used in place of savings accounts. Fast forward to September 2008, the collapse of Lehman Brothers resulted in a default on its debt. One money market fund, the […]

Friday, August 8, 2014

The anticipation in Cleveland is at a fevered pitch. Every basketball fan is refreshing twitter, listening to sports talk radio, and tuning into ESPN to find out the latest scoop. Akron’s prodigal son, LeBron James, opted out of his contract with Miami and is deciding on whether he should return to the Cleveland Cavaliers where […]

Thursday, July 10, 2014

Many companies have subscribed to the thought that they should generate leads through their website. Although companies may have implemented pieces and parts of an inbound marketing strategy, many are missing some of the essential steps. Below are the first six things that you should do to in order to generate leads through your website: […]

A major security vulnerability has recently been uncovered in two of the most popular website content management systems (CMS), WordPress and Drupal. According to http://w3techs.com/, these CMS encompass about 25% of the web. Both WordPress and Drupal have already released updates to address this concern. The updates are not automatic, however. If your website uses […]

Skoda Minotti Professional Staffing is currently assisting a client in their search for a Staff/Senior Accountant (Audit). The Staff / Senior Accountant is responsible for a broad range of accounting functions – audits, reviews, compilations, bookkeeping and reviews – requiring strong attention to detail and excellent organizational skills. Candidate must have demonstrated ability to perform […]

Skoda Minotti Professional Staffing is currently assisting a client in their search for a Senior Accountant (Manufacturing). The Senior Accountant is responsible for analyzing financial information and prepares financial reports to determine or maintain record of assets, liabilities, profit and loss, or other financial activities within the company. As a key member of the finance […]

Most medical practices are aware of the HIPAA HITECH requirements that affect their organizations, and the fines that they face if they are not compliant in the ways they handle patient health information (PHI). What a lot of professionals don’t know is that HIPAA HITECH regulations also hold business associates, (i.e. other professionals from other […]

A common theme in businesses today is regulatory compliance and oversight. SSAE 16 compliance has been a growing popular method for service organizations to validate the quality of their operations or to separate themselves from competition by obtaining an audit to illustrate their continued commitment to meeting the strict regulatory compliance. Obtaining an SSAE 16 […]

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 […]