MATTHEW C. WERNER CPA

Matt is a tax shareholder with more than 15 years of experience serving public, private and emerging growth global organizations. He has worked with domestic and global clients in numerous industries, including transportation, technology, manufacturing and healthcare. He currently works with domestic and global clients in numerous industries including retail, transportation and logistics, distribution, manufacturing and technology. Matt has extensive experience in federal and state income tax compliance, as well as tax accounting calculations and reviews. Matt also has extensive experience in federal and state taxes for multiple different entity types, including pass-throughs and Corporations.

Education

B.S.- Accounting, Duquesne University

Professional and Community Involvement

Leader—Schneider Downs Transportation and Logistics Industry Group

Co-Leader— Schneider Downs Employee Retention Credit Practice

Member—American and Pennsylvania Institutes of Certified Public Accountants

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Do you have a hobby/personal passion?   
When I have downtime, I enjoy playing golf, cooking, and watching sports/gameshows on television.

What was the best advice you’ve ever received?   
Knowledge and relationships are keys to almost every aspect in our daily lives.

Who is your role model? 
My parents have always been my role models.  They instilled the values of family, hard work, and perseverance through adversity.

What was your childhood dream? 
Be an offensive lineman in the NFL or a professional racecar driver.

If you could go back in time, what advice would you give your college self? 
You are not as busy as you think you are – study a little harder and take advantage of the free time.

People would be surprised to know that I… 
I went to college to become a dentist.

What is the best or most interesting thing about your career? 
Every day is different and I rarely do the same thing more than twice.

What was your first job? 
Cooking pizza, hoagies, and making ice cream at a local pizza restaurant.

Do you have a “motto”? (spoken or unspoken) 
There is no such thing as a free lunch!

When you have an hour of free time, what do you like to do?
Spend time with my family and friends.

Do you have advice for young professionals? 
Work with people/teams that you can learn from and grow.

Our Thoughts On

FEATURED

Big Problem: Large Tax Burden In The Succession Plans Of A Family Business.


Big Thinking: Creating A Grantor Trust To Save $1.5 Million.

GREG ALLISON is responsible for estate and succession planning for business owners, executives and high-net-worth individuals. He also prepares annual income tax returns for estates and trusts in addition to gift tax returns, federal estate tax returns and state inheritance tax returns.
One of Greg’s clients was a father wanting to retire and give his son 100% ownership of their company. Giving his 80% share in the company would result in a $1.5 million tax due on redemption. Greg’s team was able to avoid the $1.5 million tax and introduce asset protection by having the father creator a grantor trust instead. “By creating a grantor trust, the father was able to sell his shares under the same terms as redemption but save money since no gain is recognized on the sale,” said Greg. “We were also able to integrate asset protection into the structure and procure the recurring tax and attest services.” 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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