GENNARO J. DIBELLO CPA

Gennaro has been with firm since 1987 and is known for his ability to connect with people through his personal interests in networking and relationship building. He has held numerous leadership roles at Schneider Downs and is a recognized mentor to young professionals.

He has widespread experience in all areas of tax and business planning associated with closely held companies particularly in the real estate and construction industries.

Gennaro delivers services to the firm’s clients on a variety of tax and business planning matters that include the coordination and delivery of tax compliance services to closely held businesses and their owners.  He also excels in developing, communicating and implementing tax minimization strategies, merger, acquisition, divestiture and overall entity and individual planning.  He has also assisted many clients in overall succession planning strategies. Through these activities he has earned a reputation as a trusted advisor on many complex business issues.

For more than 30 years, Gennaro has successfully balanced his tax, financial and people skills to assist clients in achieving their strategic objectives and goals for their businesses and families. He is an active member of numerous professional organizations and serves as a committed servant through his involvement with numerous community and charitable organizations.

Education

B.S. – Business Administration, Duquesne University

Professional and Community Involvement

Member—Pennsylvania and American Institutes of Certified Public Accountants

Chair—Schneider Downs’ Real Estate Industry Group

Member—Constructors Association of Western Pennsylvania (CAWP), Construction Financial Management Association (CFMA) and Master Builders Association (Affiliate Member Chair)

Member—National Association of Industrial & Office Properties (NAIOP)

Member—Young Presidents’ Organization, Gold (YPO)

Chapter Chair: 2017-2018

Education Chair: 2016-2017

Treasurer and Board of Directors—The Education Partnership

Board of Trustees—St. Anthony School Programs Charitable Foundation Board

Club at Nevillewood Finance Committee

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Do you have a hobby or personal passion?
Playing golf.

What was your childhood dream?
I wanted to play basketball for the University of Maryland.

People would be surprised to know that I…….
…own an awful lot of shoes.

What is the best or most interesting thing about your career?
Building personal relationships with clients and co-workers.

What was your first job?
Golf course maintenance

Do you have advice for young professionals?
Be passionate about life and never stop working hard

Our Thoughts On

FEATURED

Big Problem: The Tax Implications Of Overseas Valuations.


Big Thinking: $1 Million In Tax Savings.

Shareholder MARY RICHTER has more than 20 years of public accounting experience since joining Schneider Downs in 2002. She has expertise with domestic and international tax planning, state tax nexus, tax credits, accounting for income taxes, and specific transaction planning and implementation.
One of Mary’s clients was reorganizing their overseas operating structure and wanted to move certain assets to different jurisdictions. The client had been purchased by a Private Equity group and called us about updating a valuation we had previously done for the business. In addition to working through the valuation questions, we were able to identify an opportunity to revise their restructuring plan to avoid taxation of a significant portion of the transactions. “By asking questions, having a strong understanding of their needs, and collaborating with the client, we were able to save them roughly $1 million in taxes,” Mary said. “Plus, our plan enabled them to generate future tax deductions overseas to offset the current cost of restructuring. We also saved them substantially on fees.” 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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