EUGENE M. DEFRANK CPA

Eugene is a shareholder in the Accounting, Assurance and Advisory Services practice at Schneider Downs, bringing many years of experience and leadership to the firm. He began his public accounting career in 1985 and joined the firm in 1988, where his dedication and expertise led to his promotion to shareholder in 1998. Over the years, Eugene has gained extensive experience and expertise with privately held, private-equity-owned and ESOP-owned businesses in the construction, manufacturing, transportation and logistics industries.

Eugene is regarded as a trusted business advisor by both clients and colleagues. His counsel is frequently sought to solve complex financial, accounting, and business issues.

Professional and Community Involvement

Officer and Board Member—Epilepsy Foundation Western/Central Pennsylvania

Member—American and Pennsylvania Institutes of Certified Public Accountants.

Member—Construction Financial Management Association

Member—Schneider Downs Construction Industry Group

Member—Pennsylvania Motor Truck Association

Past Chairman—Schneider Downs Transportation and Logistics Services Group

Past Member—Schneider Downs Accounting, Assurance and Advisory Services Committee

Past Chairman – Schneider Downs Accounting and Assurance Effectiveness Committee

Certified Construction Industry Financial Professional (CCIFP)

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What was your childhood dream?
To play for the Pittsburgh Pirates

What is the best or most interesting thing about your career?
I met my wife at Schneider Downs.

Do you have a “motto?”
Do unto others as you would have them do to you.

When you have an hour of free time, what do you like to do?
Anything with my children.

Do you have advice for young professionals?
Work hard, learn every day, build your network, take care of your family and give to those who are less fortunate.

Eugene Defrank

Our Thoughts On

FEATURED

Big Problem: Inefficient Tax Credit Realization.


Big Thinking: Identified A $900,000 Tax Credit, Nearly Twice As Much As Prior Years.

Joining Schneider Downs in 2004, DOUG MORALLY has more than 14 years of public accounting experience. He serves a variety of clients from not-for-profit, construction, retail, transportation, manufacturing industries and professional services.
One of Doug’s clients, a professional services company, was looking to transition their Research and Development (R&D) study to Schneider Downs to save money and maximize the R&D tax credit. Doug’s team was able to use their expertise to expand the sample of projects reviewed in 2019 and increase the net R&D credit. “This expansion helped identify an R&D tax credit of almost $900,000—almost double what have been identified in previous years,” said Doug. “We were able to help our client save significant money and maximize their R&D tax credit.” 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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