JEFFREY A. WLAHOFSKY

Jeff joined the firm in 1986 and became a shareholder in 1995. He was a tax shareholder in the assurance and tax advisors department of Schneider Downs & Co., Inc. until 2022. He is now focused on client service and development. Jeff has in-depth experience in the areas of tax planning and compliance for closely held businesses.

The services Jeff provides to the firm’s clients include:

  • Assisting family-owned companies in restructuring to meet succession planning requirements
  • Planning of business and family taxes
  • Assisting businesses with strategic growth or acquisition plans
  • Selling or liquidating specific divisions of a company’s operations
  • Managing IRS examinations
  • Serving as an expert witness in legal proceedings
  • Representing companies before the Pennsylvania and Ohio Boards of Appeals and Boards of Finance and Revenue

Jeff is a member of the firm’s state and local tax (SALT) practice. His areas of concentration include sales and use tax, unclaimed property reporting and corporate net income tax planning along with fuel tax reporting and examinations.

Professional and Community Involvement

Member—Robert Morris University Accounting Advisory Board

Member—Pennsylvania Oil & Gas Association (PIOGA)

Past Member—Allegheny Tax Society and Pittsburgh Tax Club

Past Member—Marcellus Shale Coalition – Tax and Fee Committee

Past President—Allegheny Tax Society, Pittsburgh Child Guidance Foundation and Forest Hills/Churchill Baseball Association

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Do you have a hobby or personal passion?
Fishing. Hunting for pheasant, deer and turkey. Visiting and hiking in our national parks.

Who was your role model?
My Dad.

What was your childhood dream?
To travel to exotic destinations like Iceland (which I got to do)

What is the best or most interesting thing about your career?
All of the wonderful, fascinating people who I meet and work with across such a diverse range of industries.  I enjoy learning about other industries.

What was your first job?
I worked for a company that refurbished the airbrake systems on railroad cars. I learned to operate heavy equipment and flatbread trucks. I can tell you far more than you’d want to learn about airbrake assembly and repair.

Do you have a “motto?”
Try every day to learn something new. Imagine that knowledge as a grain of sand, and as you go through life you accumulate new grains of sand…creating a beautiful white beach.

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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