Upcoming Events

Not-For-Profit Update Seminar

Not-for-Profit Update SeminarPlease join us for a half-day Not-For-Profit Update Seminar hosted by Maloney + Novotny. Not-for-profit professionals are invited to come and learn about the most recent updates and information in accounting, IT Security, Form 990, Charitable Leadership as well as the latest 403b Department of Labor changes. Participants can earn up to 4 CPE credits in Tax, Audit and Specialized Knowledge fields of study in this group live training session (no prerequisites or advanced preparation required).


Charitable Leadership–Beth Short, Charitable Law Section, Office of Ohio Attorney General Mike Dewine
Accounting & Audit Update–Mike Mullee & Matt Maloney, Shareholders, Maloney + Novotny
IT Security Awareness–Dale Dresch, IT Audit Manager, Maloney + Novotny
Form 990 Update–Chris Anderson, Shareholder, Maloney + Novotny
Department of Labor & 403b–Dave Reyes, Shareholder, Maloney + Novotny


12:30 p.m. registration
1:00 p.m. – 4:45 p.m. program
reception to follow

For more information please contact Maloney+Novotny at info@maloneynovotny.com

Past Events

Ethics Seminar “Conduct Beyond Reproach” November 1st

Ethics Seminar, November 1st - Maloney+NovotnyMaloney+Novotny Ethics Seminar “Conduct Beyond Reproach” will be held on Wednesday, November 1st, 2017 from 1 p.m. to 4 p.m. at the Crowne Plaza 6500 Doubletree Ave. Columbus OH 43229 with a reception to follow. Attendees can earn 3 hours of required ethics training (CPE for CPA’s only) for attending the complete session.

Laura Hay from the Ohio Society of CPAs will present the ethics training program to help you gain perspective on applying an ethical decision making framework to issues facing finance professionals on a daily basis.  Upon completion, participants will be able to:

  • Describe the core ethical factors attributed to the finance profession
  • Identify the steps required in the ethical decision making process
  • Describe factors contributing to ethical drift
  • Describe the relationship between ethics and risk management

Advance registration is required and space is limited. There is no fee to attend. Click here to register online for the Maloney+Novotny Ethics Seminar “Conduct Beyond Reproach”.

If you have any questions or need to cancel your registration, please contact Diane Gallagher at (216) 344-5240 or dgallagher@maloneynovotny.com. We look forward to seeing you on November 1st!


Lorain County Economic Summit

Lorain County Economic Summit sponsored by Maloney + NovotnyMaloney + Novotny is proud to sponsor the First Annual Economic Summit presented by the Lorain County Chamber of Commerce. The Summit will be held at the LCCC Spitzer Conference Center on Tuesday, May 9th from 8:30 a.m.to 12:30 p.m. The purpose of The Summit is to spur dialogue between businesses, educational partners, elected officials, philanthropic and non-profit entities. The Summit will provide a forum to talk about opportunities for collaborative initiatives and strive to identify and stimulate current and future actions beneficial to Lorain County. Cost for the Lorain County Economic Summit is $20 for Lorain County Chamber of Commerce members and $30 for non-members. Registration is required an can be processed online by clicking here.


Family Business Forum May 3rd

Crain's Family Business Forum sponsored by Maloney + Novotny

On Wednesday, May 3rd, Maloney + Novotny, LLC will sponsor Crain’s Family Business Forum at Cleveland Metroparks Zoo – Stillwater Place  3900 Wildlife Way Cleveland, Ohio, 44109. Registration, networking and breakfast will start at 8:00 a.m., with opening remarks starting at 8:30 a.m.  The forum will feature Keynote Speaker, Jane Grote Abell, Chairwoman of the Board, Founding Family Member of Donatos Pizza.

Hear from a panel of successful longtime family business leaders and other experts on how to capitalize on the advantages and overcome the challenges of being a family business and create sustainable growth over generations. Noted international speaker and author Andrew Keyt, president of Family Business Network North America, will guide participants through a hands-on workshop to create a “family constitution” to guide the leadership, interpersonal and succession strategies of their family business.

Lunch will be served as we honor one of Northeast Ohio’s most notable family businesses with the Longevity Award, and present the Leon A. Danco Award, given annually to a champion of family business success. Click here for more information and to register.


OSCPA Employee Benefit Plan Audit Conference

Dave Reyes, Shareholder at Maloney + Novotny will be speaking at the Ohio Society of CPAs (OSCPA) Employee Benefit Plan Audit Conference, Leading Practices for Pressing Issues at Lewis Center in Columbus, Ohio on Wednesday, April 26, 2017.  Dave will be speaking on Tax Compliance Issues as part of a full day of presentations on leading practices for dealing with the complexities of benefit plan audits.

This event is for audit professionals who are committed to excellence and want to hone their craft.  New content and a revised format will equip attendees with best practices in navigating different plan types and initial audits.  Tracks include:

  1. What’s Ahead in the World of Employee Benefits, A DOL Update
  2. Accounting and Auditing Update
  3. Nuances of Various Plan Types
  4. Planning and Wrapping up the Audit
  5. Documenting your EBP Audit
  6. Tax Compliance Issues
  7. Investment Types
  8. Pitfalls of Initial Audits

The afternoon will wrap up with a panel discussion of experts, including Dave Reyes, who will take your questions and discuss ongoing challenges as they navigate the landscape of employee benefits.

Dave Reyes, CPA, CEBS, joined Maloney + Novotny LLC in 1986 and became shareholder in the Tax Consulting Services Group in 2000. He specializes in the areas of employee benefit plans and tax-exempt organizations. Dave has been involved in assisting clients in all aspects of their employee benefit plans including qualified retirement plans, health and welfare plans, and cafeteria plans. His extensive experience includes qualification, compliance, planning opportunities and IRS and Department of Labor examinations.

Dave also works closely with the firm’s not-for-profit practice dealing with 990 filing and tax issues. Consequently, Dave has a significant amount of experience with retirement plans specific to not-for-profits, such as 403(b) and 457 plans. In addition, Dave devotes a portion of his practice to individual tax and tax returns of trusts and estates.

Visit this link for more information and to register for the OSCPA Employee Benefit Conference.


Nonprofits Critical Importance of Cybersecurity

Non-profit Cybersecurity Seminar

Is your organization prepared with an effective cybersecurity framework to address growing risks?  Area nonprofit organizations are invited to join the Licking County Foundation, the United Way of Licking County and Maloney + Novotny LLC as we examine the critical importance of cybersecurity on Wednesday, April 19, 2017 from 9:00 am to 10:30 am at TrueCore Federal Credit Union Community Room (215 Deo Drive, Newark).

Dale A. Dresch, IT Audit Manager at Maloney + Novotny LLC, will address the variety of risks introduced into operating systems as organizations grow their integration and reliance on information technology.  He will focus on cybersecurity as it relates to nonprofit organizations, and the workshop’s topics will cover:

  • What are the threats?
  • How do they get into our systems?
  • How can you prevent it?
  • What to do if you have been breached?

The cost is $10 per participant with space limited to 50 participants.  For program details and online registration, visit the Licking County Foundation’s website at www.thelcfoundation.org in the “News & Events” section.  For questions, please contact Megan Evans at megan@thelcfoundation.org or 740-349-3863, x101.


Economic Forecast 2017

Sponsored by Maloney + Novotny & NorthStar Title Services

Date: Thursday, January 5, 2017

Location: Windows on the River, 2000 Sycamore Street, Cleveland, 44113

2:00-3:00 p.m. Registration

3:00-3:30 p.m. David E. Gilbert, President and CEO of the Greater Cleveland Sports Commission (GCSC), Destination Cleveland (formerly Positively Cleveland) and the 2016 RNC Host Committee will be discussing the economic impact the 2016 Republican National Convention, the CAVS and the Indians playoffs had on the Cleveland area economy

3:30-5:00 p.m. Dr. Ted Jones, who is the Chief Economist – Senior Vice President for Stewart Title Guaranty Company, will be presenting his annual Economic Forecast

5:00-6:30 p.m. A cocktail reception will directly follow the presentation.

Approval of 1.5 hours of CLE and Real Estate continuing education with the State of Ohio is pending.

Click on the link below for complete details and for a link to registration.



Not-For-Profit Update Seminar

Not-for-profit update seminar by Maloney NovotnyThursday, November 3, 2016
7:30a – 9:00a

Please join us on Thursday, November 3rd at Lockkeepers in Valley View for a one-hour Not-For-Profit Update. Jim Graham from Maloney + Novotny will be presenting a FASB update/NFP standard and Mike Shebak and Anthony Saracusa from Hartland & Company will be discussing investment markets/economic outlook. The event will take place at Lockkeepers, 8001 Rockside Road, Valley View, OH 44125. Continental breakfast will be served. Registration will begin at 7:30a with the presentation scheduled from 8:00a-9:00a.

Click here to register now!


Ethics Seminar

Wednesday, October 26, 2016

Earn your 3 hours of required ethics training (CPE only) hosted by Maloney + Novotny from 1:30-4:30p at the Embassy Suites, Cleveland-Rockside, 5800 Rockside Woods Blvd. Indpendence, OH. Presenter: Jerry Esselstein from The Ohio Society of CPAs. Reception to follow. Space is limited. Click here to register.


New Lease Accounting Rules Seminar

Date: August 24, 2016
Time: Registration: 7:30am, Presentation: 8:00am – 9:00am
Location: Embassy Suites – Rockside Road/Independence, OH 44131

Join Chris Felice, Shareholder from Maloney + Novotny and Mike Valenti, VP of Global Pricing & Economics for Key Equipment Financing for an informative session on the changes in the accounting for leases and the impact on financial statements.

Accounting for leases, which always has been a complex area, is undergoing a significant change with the release of the new standard by FASB. The new standard will result in substantial changes in the presentation as lessees will begin to recognize the assets and liabilities for operating leases on the balance sheet. Management will be faced with new accounting and disclosure requirements including new considerations when making business decisions related to leasing transactions overall.

Click here for more info and to register.


Economic Forecast 2016

Date: Thursday, January 2016
Time: 2:00p registration, 5:00p cocktail reception
Location: Windows on the River, 2000 Sycamore Street, Cleveland, 44113

2:00-3:00 p.m. Registration

3:00-3:30 p.m. David E. Gilbert, President and CEO of the Greater Cleveland Sports Commission (GCSC), Destination Cleveland (formerly Positively Cleveland) and the 2016 RNC Host Committee will be discussing the effects the 2016 Republican National Convention will have on the Cleveland area economy. How will the RNC impact how business will be done in downtown Cleveland during the convention.

3:30-5:00 p.m. Dr. Ted Jones, who is the Chief Economist – Senior Vice President for Stewart Title Guaranty Company, will be presenting his annual Economic Forecast

5:00-6:30 p.m. A cocktail reception will directly follow the presentation.

Approval of 1.5 hours of CLE and Real Estate continuing education with the State of Ohio is pending.




Date: Thursday, October 29
Time: 8:00a registration, 8:30a to 10a presentation
Location: Pine Ridge Country Club, 30601 Ridge Rd, Wickliffe, OH 44092

Please join us for an informational presentation by Jerry Birk, sales and use tax consultant with Maloney + Novotny LLC on Thursday, October 28, 2015 at Pine Ridge Country Club. Jerry has over 23 years of experience with the Ohio Department of Taxation as an auditor and audit supervisor. Jerry will walk you through the audit process, look for common mistakes made by taxpayers and identify unique nuances of the Sales and Use tax laws. Jerry will also discuss how he can efficiently determine if you are in compliance with the law and if you’re not, how to get you back on track in the most cost effective manner.

Registration and continental breakfast at Pine Ridge Country Club, 30601 Ridge Rd, Wickliffe, OH 44092 will begin at 8:00a with the Presentation from 8:30-10:00a. For questions or for more information, please contact Kelly Salman at 216.344.5206


Maloney + Novotny and Janney Montgomery Scott, LLC present Endowments and Not-for-Profit Organizations Seminar

Date: Wednesday, June 24
Time: 7:30a registration, 8:00a – 9:30a presentation
Location: Embassy Suites 5800 Rockside Woods Blvd. N, Independence, Ohio 44131

Not-for-Profit Endowment Seminar
Maloney + Novotny and Janney Montgomery Scott, LLC are co-sponsoring an upcoming seminar on Endowments and Not-for-Profit organizations. Registration begins at 7:30a.m., with an 8:00a – 9:30a presentation. Jim Graham, Senior Manager at Maloney + Novotny will be part of the panel discussion on how non-profit organizations are faced with multiple financing options, such as traditional bond markets and bank private placements. Joseph Bosch, Managing Director at Janney Montgomery Scott, and John Hahn, VP at Goldman Sachs & Co., will join Jim to discuss trends and themes in endowment investing and accounting for endowments and allocation methodologies. Additional discussion will surround financial challenges for non-profit organizations including letter of credit expiration, an influx of new lenders into the market and “out of the money” interest rate swaps.


Maloney + Novotny to Sponsor Crain’s Family Business Forum

TUESDAY, JUNE 16, 2015 • 7:30A-12:00P

Crain’s Family Business Forum
On Tuesday, June 16, Maloney + Novotny, LLC will sponsor Crain’s Family Business Forum at Tri-C Corporate College East, 4400 Richmond Road Warrensville Heights, Ohio 44128. Registration, networking and breakfast will start at 7:30 a.m., with the family-owned business forum beginning at 8:00a.m. The forum will feature numerous CEO’s from Northeast Ohio who will share their personal experiences with the audience held in a discussion led by John Campanelli, Crain’s leading publisher.

Maloney + Novotny, LLC’s Pete Chudyk, Principal, will sit on a panel that will be discussing succession planning in a family business, whether it is a financial succession, operational succession or organizational succession. The panelist’s will further discuss how to enhance the business for maximum return on investment, what it is really like to go through due diligence and what capital investments need to be made for a successful transition of the family business. In addition to succession planning and transition, ownership exit strategies, family communication and utilizing the best practices and accountability for family businesses will be discussed with other CEO’s of Northeast Ohio. Join us and Crain’s Cleveland Business for an early breakfast and discussion so you can learn how to survive, thrive and go beyond in a family-owned business.