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As we near the home stretch of tax season, check out the latest in State and Local Tax news in Ohio and Florida. OHIO TIDBITS Contact Periods Ohio has made a change to the number of “contact periods” an individual can have with Ohio before the individual will establish Ohio residency for income tax purposes. […]

Thursday, March 19, 2015

President Obama chose Cleveland as a backdrop to announce three new manufacturing initiatives that total $500 million in public/private investments. During yesterday’s visit, the president stressed the role manufacturing plays in the vitality of our economy. During his comments at the City Club of Cleveland and at a visit to MAGNET, the manufacturing incubator at […]

Yes. The Internal Revenue Code says that if you receive a distribution from an IRA, you can’t make a tax-free (60-day) rollover into another IRA if you’ve already completed a tax-free rollover within the previous one-year (12-month) period. The long-standing position of the IRS was that this rule applied separately to each IRA someone owns. […]

Monday, March 9, 2015

Each year in its annual Retirement Confidence Survey, the Employee Benefit Research Institute reiterates that goal setting is a key factor influencing overall retirement confidence. But for many, a retirement savings goal that could reach $1 million or more may seem like a daunting, even impossible mountain to climb. What if you’re investing as much […]

The European economy may be turning the corner, with demand for credit up and retail sales jumping at the fastest three-month rate in the last 15 years at 8.65%. Investors noticed the improvement, and just in the last 2.5 months, poured $9.2 billion into WisdomTree’s Europe Hedged ETF, which shorts the Euro to take out the […]

Monday, March 16, 2015

According to the ever powerful Wikipedia, tasseography (aka tea-leaf reading) traces back to medieval European fortune tellers who developed readings from splatters of wax, lead, and other molten substances.   Over the years, economists, analysts, and the media often feel like tea leaf readers when decoding the language used in memos and speeches from Federal Reserve […]

Thursday, February 26, 2015

I had always considered the first step to developing a strategic marketing plan to be establishing a company’s goals and objectives. After all, how do you put a strategically based tactical plan together if you don’t know what you are trying to accomplish? However, that all changed a few years ago after a meeting I […]

Tuesday, March 24, 2015

Did you know that you lose approximately 22.5% of your email subscribers every year? Perhaps you would like to gain new subscribers, improve the deliverability of your emails, or refresh contacts that may have gone stale. 25 Ways to Grow Your Email List, published by our partners at HubSpot, may have the answers you’re looking […]

Thursday, March 19, 2015

Skoda Minotti is seeking a Staff Accountant to join our Mayfield Village office. Summary of Responsibilities This position supports various aspects of internal finance and accounting for the firm. Under the supervision of the Assistant Controller he/she aids in the preparation of financial statements and analysis reports by making journal and adjusting entries, reconciling bank accounts, […]

Friday, March 20, 2015

Skoda Minotti is currently seeking a Senior Recruiter to join the Professional Staffing team in our Mayfield office. The Senior Recruiter is responsible for the placement of temporary, contract, and permanent accounting and finance, information technology, and other professional staff positions. Essential Functions Make telephone sales calls and conduct in-person meetings with highly skilled professionals. […]

Thursday, March 12, 2015

Penetration testing is a critical component to an organization’s IT risk management program, used to identify significant issues that could lead to financial losses, disclosure of confidential data, and reputational harm. The infographic below details the overwhelming risks and costs that malicious acts caused in 2014 alone.     Skoda Minotti’s Vulnerability Assessment and Penetration Testing services […]

Thursday, March 26, 2015

Skoda Minotti is proud to announce Jaike Hornreich, CISA, GPEN, has passed the Global Information Assurance Certification Web Application Penetration Tester (GWAPT) certification. Hornreich is among an elite class of less than 2,500 people who have been recognized with this certification. GWAPT certification measures an individual’s understanding of web application exploits and penetration testing methodology […]

Thursday, February 26, 2015

Income tax fraud schemes seem to be a daily occurrence in 2015. As a firm, we have seen a substantial increase in the number of client calls advising us of individuals calling them, posing as an IRS agent and demanding payment. Some even go as far as threatening their intended victim with foreclosure and arrest […]

Friday, March 27, 2015

Income tax refund fraud is increasing nationally and in Ohio at an alarming rate. Income tax refund fraud occurs when someone has stolen your identity (name and Social Security number) and files an income tax return (before you) using a falsified W-2. The alleged federal and state income tax reflected as withheld on the fictitious […]

Thursday, March 12, 2015

Skoda Minotti, a national CPA, financial and business advisory firm headquartered in Cleveland, Ohio, is pleased to announce the addition of Scott J. Swain, CPA, CFA, CFP® to its Tax Planning & Preparation group. Swain will serve as partner and work with individual clients, flow-through entities, LLCs, partnerships and S Corps. In addition, he will assist […]

Tuesday, March 3, 2015

Skoda Minotti, a national CPA, financial and business advisory firm, was recently recognized as one of the nation’s top accounting firms to work for by Accounting Today.  “We are honored that Skoda Minotti was again named one of the ‘Best Accounting Firms to Work For’,” said Gregory J. Skoda, Skoda Minotti chairman. “We are proud of […]

Monday, December 29, 2014