PRIMARY CONTACTS: Thomas D. Pratt CPA, ABV, CFF, CVA
Business interruption claims typically involve a loss of income, and/or extra expenses incurred by a business.
Business interruption claims relate to a period of time when a business cannot operate due to a disruption of the normal operations of a business. Businesses can obtain business interruption insurance to cover the financial impacts from these events. Business interruption claims can result from storms, fires, floods, hurricanes, tornadoes and maybe even COVID-19.
The Schneider Downs Business Advisory group handles all business interruption and insurance claim matters and can work with policyholders, counsel, accountants and insurance brokers and adjustors in many different ways, including:
If claims proceed to litigation, we can also assist with discovery, depositions and settlement proceedings, presentation of financial data and provide expert testimony. For more information on our services, download our Business Interruption Service Overview.
The Schneider Downs Business Advisory team empowers organizations in making informed decisions across accounting, financial, legal, and operational areas. From the ground floor to the C-suite, we provide strategic guidance to help clients succeed in today’s rapidly evolving business environment.
Learn more about our Business Advisory services or contact us for more information.
Big Problem: Company Impacted By Ransomware.
Big Thinking: Restore System On-site And Avoid Six-figure Ransom.
Big Problem: Inefficient Tax Credit Realization.
Big Thinking: Identified A $900,000 Tax Credit, Nearly Twice As Much As Prior Years.
On Thursday, September 5th, 2024, the Tower Club in Tyson’s Corner, VA, hosted a highly anticipated SD Capital event, bringing…
Read More >72% of U.S. senior executives have been targeted at least once by a cyberattack in the last 18 months according…
Read More >There is an oft-used phrase from an old proverb that says, “you can’t have your cake and eat it too.”…
Read More >The United States is in the midst of an election season, which brings discussions, debates and decisions. Internal Revenue Code…
Read More >Valuing a startup company can create a cornucopia of challenges. Unlike valuations for an established business, a valuation analyst does…
Read More >The National Public Data (NPD) breach is emerging as 2024’s defining cybersecurity incident, but what sets this breach apart? After…
Read More >A couple of months ago, CDK Global was victim to a cyberattack, prompting them to halt most of their services…
Read More >Turn your home into a lucrative rental during PGA tournaments with the Augusta Rule. Discover the financial advantages today! Imagine…
Read More >On Thursday, August 8, 2024, the Internal Revenue Service (“IRS”) announced it has revised its moratorium on Employee Retention Credit…
Read More >Since January 10, 2022, the IRS has required that taxpayers provide supplementary information beyond the usual requirements of the Form…
Read More >The Internal Revenue Service recently released updates to frequently asked questions related to commercial clean vehicle credits. The revisions supersede…
Read More >In May, I wrote about a case before the U.S. Supreme Court with potential estate tax planning implications. The case,…
Read More >Before 2022, taxpayers who incurred research and experimental (Section 174) costs could fully deduct them in the year incurred. The…
Read More >The weeks leading up to the start of my internship with Schneider Downs were some of the most stressful I’d…
Read More >The journey that has led to my current career path has not been easy, but I am grateful for the…
Read More >With a well-documented shortage of truck drivers in the United States, one solution might be to encourage more women to…
Read More >Walking into the looming glass castle, I wasn’t sure what to expect from my first internship. Looking up at the…
Read More >The Internal Revenue Service recently announced it would be expanding its free tax filing program, Direct File, for 2025, making…
Read More >On July 11th, the Pennsylvania General Assembly passed and Governor Shapiro signed the 2024-25 fiscal year budget. As part of…
Read More >When I met the Schneider Downs recruiters at my college career fair in my Sophomore Year, I immediately felt like…
Read More >Receive all the latest insights and industry tips.
Schneider Downs is a Top 60 independent Certified Public Accounting (CPA) firm providing accounting, tax, audit and business advisory services to public and private companies, not-for-profit organizations and global companies. We also offer Internal Audit; Technology Consulting; Software Solutions; Personal Financial Services; Retirement Plan Solutions and Corporate Finance Services. Schneider Downs is the 13th largest accounting firm in the Mid-Atlantic region and serves individuals and companies in Pennsylvania (PA), Ohio (OH), West Virginia (WV), New York (NY), Maryland (MD), and additional states in the United States with offices in Pittsburgh, PA, Columbus, OH, and McLean, VA.
© 2024 Schneider Downs & Co., Inc. Maryland license number 35239.
Every moment counts. For urgent requests, contact the Schneider Downs digital forensics and incident response team at 1-800-993-8937. For all other requests, please complete the form below.
"*" indicates required fields