MATTHEW S. LEGG CPA

Matt is a Tax Shareholder and helps lead Schneider Downs’ International Tax practice. He has more than 15 years of experience providing inbound and outbound international tax consulting and compliance services to clients with multinational operations.

In his role, Matt assists clients in assessing and understanding key foreign and domestic tax considerations associated with their international business operations. Matt has extensive experience helping clients address a wide array of international tax concerns including cross-border structuring, merger & acquisition transactions, foreign expansion assistance, ASC 740 implications, and international tax compliance reporting.

Prior to joining Schneider Downs, he served as a Managing Director in the International Tax Services practice of a large global public accounting firm.

Education

B.S.—Accounting, Saint Vincent College

Professional and Community Involvement

Member – American Institute of Certified Public Accountants (AICPA)

Member – International Fiscal Association (IFA)

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Do you have a hobby or personal passion?
My biggest hobbies are playing and listening to music and playing golf.

What was your childhood dream?
Become a professional football player or rock star.

People would be surprised to know that I…
Sing and play guitar as part of an acoustic duo.

What is the best or most interesting thing about your career?
Getting to know and work with so many interesting people and companies.

What was your first job?
Laborer for a small construction company.

When you have an hour of free time, what do you like to do?
Read or catch up on the news.

Do you have advice for young professionals?
Make an effort to get to know and build relationships with your colleagues and co-workers. Those relationships are extremely valuable and can benefit you throughout your career.

Our Thoughts On

FEATURED

Big Problem: Large Tax Burden In The Succession Plans Of A Family Business.


Big Thinking: Creating A Grantor Trust To Save $1.5 Million.

GREG ALLISON is responsible for estate and succession planning for business owners, executives and high-net-worth individuals. He also prepares annual income tax returns for estates and trusts in addition to gift tax returns, federal estate tax returns and state inheritance tax returns.
One of Greg’s clients was a father wanting to retire and give his son 100% ownership of their company. Giving his 80% share in the company would result in a $1.5 million tax due on redemption. Greg’s team was able to avoid the $1.5 million tax and introduce asset protection by having the father creator a grantor trust instead. “By creating a grantor trust, the father was able to sell his shares under the same terms as redemption but save money since no gain is recognized on the sale,” said Greg. “We were also able to integrate asset protection into the structure and procure the recurring tax and attest services.” Schneider Downs provides Big Thinking and Personal focus in delivering a variety of services for large and small businesses, both publicly and privately held, as well as nonprofit organizations, government entities and more. Through our commitment to thought leadership and knowledge management, we deliver the solutions our clients need with a personal commitment to service.

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