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Schneider Downs Professional

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Corporate Finance, Retail
Schneider Downs Professional | 5.21.2018

U.S. Retail Sales on the Rise

U.S. retail sales were on the rise at the beginning of the second quarter. Commerce Department figures showed that there was a 0.8% increase in the value

Internal Revenue Service, Tax, Tax Reform
Schneider Downs Professional | 5.17.2018

IRS Intends to Issue Proposed Regulations Regarding the Limit for the Deduction of Business Interest

On April 2, 2018, the Internal Revenue Service ("IRS') issued Notice 2018-28 announcing its intent to issue proposed regulations addressing the

Risk Advisory/Internal Audit, SOC
Schneider Downs Professional | 5.3.2018

How to Address a Modified Opinion in your SOC Report

In the event that a user obtains a System and Organization Controls (SOC) Report and sees that the service auditor has modified their opinion in some way,

Risk Advisory/Internal Audit, SOC
Schneider Downs Professional | 4.23.2018

What do user entities expect to be in your SOC Report?

When a service organization engages a service auditor to perform a System and Organization Controls (SOC) report examination, it is important to note that

Audit, Not-for-Profit
Schneider Downs Professional | 4.11.2018

Museums to Receive Clarity on Accounting for Collections

The Financial Accounting Standards Board (FASB) will soon release for public comment a proposal revising its guidance on accounting for historical collections.

Tax, Technology
Schneider Downs Professional | 4.5.2018

Is your PA business ready?

Starting in 2018, Pennsylvania is requiring businesses to withhold state income tax of 3.07% from all non-resident Form 1099 recipients paid over $5,000

Automobile, Cybersecurity, Risk Advisory/Internal Audit
Schneider Downs Professional | 4.4.2018

Cybersecurity for Car Dealers: Indifference Is Not a Strategy

With cyber-attacks on the rise, it is hard to go a day without hearing or reading about a massive breach or incident. What the news outlets don’t

Higher Education, Wealth Management
Schneider Downs Professional | 3.29.2018

How Do You Measure the Success of Your Retirement Plan?

This article was co-written by Miles Gibson. There can never be enough questions for your Investment Committee to ask as it reviews your organization’s

Audit, Construction
Schneider Downs Professional | 3.26.2018

Report Cards Are Out: American Infrastructure Gets D+

The American Society of Civil Engineers (ASCE) recently released their 2017 Infrastructure Report Card. Every four years, the ASCE grades the nation’s

Financial Services
Schneider Downs Professional | 3.22.2018

Regulatory Reform Bill Alleviating Burden on Banks and Credit Unions Progresses Through Congress

The United States Senate passed bill S. 2155 – Economic Growth, Regulatory Relief and Consumer Protection Act – a bipartisan reform bill that

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