JEANNE M. BARRETT CPA

Jeanne has more than 29 years of public accounting experience. Her background includes serving a variety of clients, both public and private, from a diverse group of industries, including transportation and logistics, manufacturing and distribution, investment, professional services and technology. As former chair of the firm’s ERISA services industry group, she is the lead shareholder for many of the firm’s largest ERISA clients. Jeanne currently chairs the firm’s Manufacturing Services Industry Group.

Jeanne joined the firm in November 1997 and became a shareholder in 2013. She has overall responsibility of selected audits, as well as of delivering the firm’s accounting, assurance, tax and business advisory services to her corporate client base. Such responsibilities require significant planning, technical and administrative skills and extensive knowledge of financial reporting requirements and operating concerns of entities served.

Professional and Community Involvement

Board of Directors—Schneider Downs & Co., Inc.

Practice Leader—Schneider Downs Manufacturing Industry Group

Member—Schneider Downs SEC Practice Group

Member—Schneider Downs ERISA Services Industry Group

Member—American and Pennsylvania Institute of Certified Public Accountants

Past Member (2018–2024)—Board of Directors and Treasurer, Mt. Lebanon Community Foundation

Past Member (2019–2024)—Board of Directors, YWCA of Greater Pittsburgh

Member—Western PA Corporate Women Collaborative

Graduate—Leadership Pittsburgh XXXII

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Do you have a hobby or personal passion?
I love interior decorating and design.

What was the best advice you’ve ever received?
My father told me that life is not about what happens to us but rather our reaction to the situation.

What was your childhood dream?
To be a famous interior designer.

What is the best or most interesting thing about your career?
It constantly changes, always learning something new and continually developing.

What was your first job?
I worked at a bakery, TJ Cinnamons

Do you have a “motto?”
Mind over matter.

When you have an hour of free time, what do you like to do?
Free time…. What is that? – spending time with my family anytime, anyplace!

Do you have advice for young professionals?
Take every opportunity afforded to you and make the most of it.

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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