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Part 5 of Jim Sacher’s 12 Great Ideas for Tax Savings series  – Guest author Jon Shoop With the economy on the upswing, many Ohio manufacturers are considering opportunities to grow their businesses and increase staff size. Ohio’s Development Services Agency made it easier on these manufacturers to grow by developing the InvestOhio program, creating a […]

Wednesday, February 25, 2015

If you are like many taxpayers, one of the biggest tax deduction items on your return is charitable donations. But deductions are not automatic if you do not have the proper records to back up your claims. Here are several important reminders for the current tax filing season: Monetary contributions: Deductions for all monetary gifts, […]

Tuesday, February 24, 2015

As most business owners will tell you, there is perhaps no single factor more important to a company’s financial success than its ability to generate revenues. After all, if a company cannot sell its product or service, how can it make money?   Furthermore, growth in revenues can often serve as the primary driver in increasing […]

Thursday, February 26, 2015

One of our more popular blog posts focused on asset deal vs. stock deal structure for C Corporation purchases/sales. Considering that more and more businesses are organized and taxed as pass-through entities, I wanted to provide an overview of key deal structure considerations when a transaction involves an S Corporation, LLC or partnership. If you […]

Monday, February 16, 2015

Every year, the Internal Revenue Service (IRS) announces cost-of-living adjustments that affect contribution limits for retirement plans, thresholds for deductions and credits, and standard deduction and personal exemption amounts. Here are a few of the key adjustments for 2015. Retirement plans Employees who participate in 401(k), 403(b), and most 457 plans can defer up to […]

Thursday, February 12, 2015

After years of record-low interest rates, at some point this year the Federal Reserve is expected to begin raising its target federal funds interest rate (the rate at which banks lend to one another funds they’ve deposited at the Fed). Because bond prices typically fall when interest rates rise, any rate hike is likely to […]

Tuesday, February 10, 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

Just a few years ago the theory of “Peak Oil” was making the rounds, that the world would reach a point in the not so distant future that oil reserves would deplete rapidly, sending crude oil prices to the moon.  Fast forward a few years and the shale revolution in the U.S. brought a glut […]

Friday, December 12, 2014

When someone subscribes to your e-newsletter list, what is the first thing they see from you? If you’re like most companies, it’s likely a bland, auto-generated email from your email service provider (ESP) saying that this person’s subscription has been confirmed. This first touch – the subscriber welcome email – is often a missed opportunity […]

Friday, February 13, 2015

I recently attended a webinar and within three minutes I started to work on other projects in my office. Within ten minutes I hung up on the session.  Although some say I have a short attention span, which is true, I figured I could review the handouts of the presentation in a fraction of the […]

Wednesday, February 11, 2015

Skoda Minotti is currently searching for an entry-level Marketing Coordinator in our Mayfield office. We are only considering local candidates at this time. The Marketing Coordinator position is an ideal fit for someone who wants to learn as much as they can in the essential areas of marketing, including: strategic planning, branding, website design and […]

Monday, February 23, 2015

Skoda Minotti is currently searching for an Associate in the firm’s Small Business Services Group. Summary of Responsibilities This position is responsible for preparing client financial statements, monthly sales tax and payroll reports, quarterly payroll reports, and other associated bookkeeping services. The Associate primarily works in-house but will work on-site with clients as needed. Essential […]

Wednesday, February 11, 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

IT security teams at organizations of all shapes are sizes are encountering an alarming increase in the number of attacks and threats impacting their systems on a daily basis. There doesn’t seem to be a limit to the sophisticated techniques attackers are developing to breach well-known and trusted software and hardware to ultimately gain access […]

Monday, February 9, 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

Skoda Minotti, a national CPA, financial and business advisory firm, recently received the Weatherhead 100 and Pillar Awards; one for achieving rapid growth over the past five years, and the other for service to the community. Skoda Minotti was selected a 2014 Weatherhead 100 Winner by The Weatherhead School of Management at Case Western Reserve […]