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Internal Revenue Service, Tax, Tax Reform
Schneider Downs Professional | 11.19.2018

IRS Raises the Estate and Gift Tax Exemption for 2019

Property included in an individual’s estate at the time of death is subject to a tax by the federal government. There is, however, an exemption available

Audit, Private Equity , Professional Services
Patti Giudici | 11.19.2018

How Does the Revenue Recognition Standard Affect Private Equity Firms?

The creation and adoption of the Financial Accounting Standards Board’s (FASB) Codification Section 606, Revenue from Contracts with Customers, (ASC

Internal Revenue Service, Tax, Tax Reform
Schneider Downs Professional | 11.16.2018

2019 Filing Season Risks Facing Delayed Start

The new Tax Cuts and Jobs Act (the “Act”) brought significant tax code changes to both individuals and businesses and to tax-exempt organizations.

Business Advisors, Fraud/Investigative & Forensic Accounting
Alyssa Brunatti | 11.16.2018

Horsing Around - How A Champion Quarter-Horse Breeder Stole Millions

Rita Crundwell, Comptroller of the City of Dixon, Illinois and successful quarter-horse breeder, had no idea that her $53.7 million fraud would soon be

Business Advisors, Fraud/Investigative & Forensic Accounting
Schneider Downs Professional | 11.16.2018

Danske Bank Money Laundering Scandal Fallout

On September 19, 2018, Thomas Borgen, CEO of the Estonian Branch of Danske Bank since 2013, resigned amidst potentially the largest money laundering scandal

Business Advisors, Fraud/Investigative & Forensic Accounting
Bernie Rafferty | 11.15.2018

2018 International Fraud Awareness Week

The Association of Certified Fraud Examiners (ACFE) in its Report to the Nations: 2018 Global Study on Occupational Fraud and Abuse estimates that, worldwide,

Business Advisors, Fraud/Investigative & Forensic Accounting
Kevin Begley | 11.15.2018

Fraud in the Music Streaming Industry

Over the past several years, as the music streaming industry has experienced rapid growth, fraud has entered into the industry. Though the total impact

Business Restructuring, Retail
Schneider Downs Professional | 11.13.2018

Lessons Every Company Can Learn From the Decline of Sears

On October 15, Sears Holdings, owner of the once-beloved Sears department stores, filed for bankruptcy protection. While the company’s decline has

Construction, Tax, Tax Reform
Mark DiPietrantonio | 11.13.2018

Is Your Construction Company Eligible for a Credit for Wages Paid under FMLA?

The Tax Cuts and Jobs Act enacted late last year created an employer credit for paid leave provided under the Family and Medical Leave Act (FMLA). The

Risk Advisory/Internal Audit
Schneider Downs Professional | 11.8.2018

What You Need to Know About the Ohio Data Protection Act

What Is the Ohio Data Protection Act? On August 3, 2018, Ohio Governor John Kasich signed the Ohio Data Protection Act (“the Act”) into law.

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