GENNARO J. DIBELLO CPA

Gennaro has been with firm since 1987 and is known for his ability to connect with people through his personal interests in networking and relationship building. He has held numerous leadership roles at Schneider Downs and is a recognized mentor to young professionals.

He has widespread experience in all areas of tax and business planning associated with closely held companies particularly in the real estate and construction industries.

Gennaro delivers services to the firm’s clients on a variety of tax and business planning matters that include the coordination and delivery of tax compliance services to closely held businesses and their owners.  He also excels in developing, communicating and implementing tax minimization strategies, merger, acquisition, divestiture and overall entity and individual planning.  He has also assisted many clients in overall succession planning strategies. Through these activities he has earned a reputation as a trusted advisor on many complex business issues.

For more than 30 years, Gennaro has successfully balanced his tax, financial and people skills to assist clients in achieving their strategic objectives and goals for their businesses and families. He is an active member of numerous professional organizations and serves as a committed servant through his involvement with numerous community and charitable organizations.

Education

B.S. – Business Administration, Duquesne University

Professional and Community Involvement

Member—Pennsylvania and American Institutes of Certified Public Accountants

Chair—Schneider Downs’ Real Estate Industry Group

Member—Constructors Association of Western Pennsylvania (CAWP), Construction Financial Management Association (CFMA) and Master Builders Association (Affiliate Member Chair)

Member—National Association of Industrial & Office Properties (NAIOP)

Member—Young Presidents’ Organization, Gold (YPO)

Chapter Chair: 2017-2018

Education Chair: 2016-2017

Treasurer and Board of Directors—The Education Partnership

Board of Trustees—St. Anthony School Programs Charitable Foundation Board

Club at Nevillewood Finance Committee

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Do you have a hobby or personal passion?
Playing golf.

What was your childhood dream?
I wanted to play basketball for the University of Maryland.

People would be surprised to know that I…….
…own an awful lot of shoes.

What is the best or most interesting thing about your career?
Building personal relationships with clients and co-workers.

What was your first job?
Golf course maintenance

Do you have advice for young professionals?
Be passionate about life and never stop working hard

Our Thoughts On

FEATURED

Big Problem: Emerging Technology Client Unaware Of Sales Tax Requirements Upon Exit


Big Thinking: Perform Multi-jurisdictional Tax Exposure Analysis To Ensure Compliance

Shareholder TREVOR WARREN joined Schneider Downs in 2001 and has more than 20 years of experience in public accounting. He mainly focuses on audit, review and compilation engagements, and he services a diversified number of industries, from automotive to nonprofit. He also leads the firm’s Emerging Technology Services Group.
When one of the firm’s emerging technology clients was making plans to sell their business, Trevor and his team noticed that they were unaware of sales tax filing requirements. Knowing from experience how complex such requirements can be for emerging technology companies who sell products across multiple taxing jurisdictions, Trevor and his team understood that this missing piece would pose issues during due diligence and could negatively impact the client’s sale. To help ensure that the sale went smoothly, Trevor and his team suggested that the Schneider Downs state and local tax group perform a sales tax nexus study on the company. The group performed an analysis on both the client’s material revenue streams and the sales tax reporting requirements in the jurisdictions where they had customers. Then, Trevor and his team used that information to estimate the client’s total tax exposure, pinpoint the jurisdictions with significant exposure and help draft Voluntary Disclosure Agreements in those the jurisdictions. “We know that these requirements can be hard on early-stage companies when they have limited staff and revenue generation is a primary focus,” said Trevor. “By doing this analysis and going through the voluntary disclosure agreement process, we were able to get the company compliant with their sales tax filing requirements at a significantly reduced cost.” In addition, this process eliminated tax issues and exposure for the company upon exit. 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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