Maloney + Novotny

Maloney + Novotny CPA's and Trusted Business Advisors The Firm provides services through long-term relationships built on trust and exceptional service.

Maloney + Novotny is one of Ohio’s largest full-service CPA and business consulting firms and celebrates 90 years of helping clients achieve their goals and financial success. Maloney + Novotny is a member of Nexia International, a worldwide network of independent accountants, business advisors and consultants. For more information visit maloneynovotny.com. We have six locations:
Cleveland: 1111

Superior Avenue East, Suite 700, Cleveland, OH 44114
Canton: 4774 Munson Street NW, Suite 402, Canton, OH 44718
Clearwater: 1000 Pinellas Street, Clearwater, FL 33756
Columbus: 1105 Schrock Road, Suite 510, Columbus, OH 43229
Delaware: 38 South Franklin Street, Delaware, OH 43015
Elyria: 1530 West River Road, Suite 200, Elyria, OH 44035

Estate planning is intended to help ensure that your assets are distributed according to your wishes. But circumstances ...
06/24/2026

Estate planning is intended to help ensure that your assets are distributed according to your wishes. But circumstances can change in ways that are difficult to predict. A qualified disclaimer allows disclaimed assets to pass from a primary beneficiary to a contingent beneficiary without negative tax consequences. Among other things, to be considered “qualified,” the disclaimer must be in writing and be delivered to your estate’s representative within nine months after the transfer is made and before the primary beneficiary accepts the property or any of its benefits. Contact Maloney + Novotny to learn more.

Mergers and acquisitions provide growth opportunities. But they also introduce accounting challenges after the deal clos...
06/23/2026

Mergers and acquisitions provide growth opportunities. But they also introduce accounting challenges after the deal closes. Under U.S. Generally Accepted Accounting Principles, the buyer must determine the cash-equivalent purchase price and then allocate it to the acquired assets and liabilities based on their fair values. The process is more complicated when a deal includes noncash terms (such as earnouts) and intangible assets that aren’t reported on the seller’s balance sheet (such as goodwill). Contact Maloney + Novotny for help navigating the accounting rules for business combinations and other post-deal reporting requirements.

🌟 Intern Spotlight: Mollie Geiger 🌟We’re thrilled to introduce Mollie Geiger, one of our outstanding interns at Maloney ...
06/22/2026

🌟 Intern Spotlight: Mollie Geiger 🌟

We’re thrilled to introduce Mollie Geiger, one of our outstanding interns at Maloney + Novotny this season!

When a marital estate includes a closely held business, the value of goodwill often becomes a contentious issue. Whether...
06/19/2026

When a marital estate includes a closely held business, the value of goodwill often becomes a contentious issue. Whether goodwill is considered a marital asset depends on case facts, state law and legal precedent. There are two types of goodwill. Business goodwill belongs strictly to the entity itself. Conversely, personal goodwill is directly attributable to the individual owner’s characteristics or attributes. More than half the states exclude personal goodwill from the marital estate (but still include business goodwill) if the owner’s earnings are used to determine maintenance payments. Maloney + Novotny's valuation team can provide a comprehensive business valuation that addresses this complex issue.

🌟 Intern Spotlight: Celia Anthony 🌟We’re thrilled to introduce Celia Anthony, one of our outstanding interns at Maloney ...
06/18/2026

🌟 Intern Spotlight: Celia Anthony 🌟

We’re thrilled to introduce Celia Anthony, one of our outstanding interns at Maloney + Novotny this season!

Many nonprofits experience financial challenges. Even organizations with healthy fundraising can face cash shortages if ...
06/17/2026

Many nonprofits experience financial challenges. Even organizations with healthy fundraising can face cash shortages if money isn’t arriving when it’s needed. Whatever your organization’s situation, better cash flow management can enhance your financial stability. Start by improving visibility into your organization’s financial health with cash flow statements and rolling forecasts. Then, build more predictable revenue by prioritizing recurring giving and monthly installment plans. Reduce cash outflows where possible by renegotiating vendor contracts. And strengthen long-term stability through diversified revenue streams. Contact Maloney + Novotny for help improving your nonprofit’s cash flow management.

For many businesses, inventory is one of the largest and most expensive assets to maintain. Carrying too much can create...
06/16/2026

For many businesses, inventory is one of the largest and most expensive assets to maintain. Carrying too much can create problems. Stocking too little can create different ones. Two supply chain approaches can help you strike the right balance. Just-in-time management reduces costs by minimizing inventory on hand and improving operational flexibility. Conversely, the accurate response approach uses forecasting to align inventory with customer demand. What’s the right approach for your business? Contact Maloney + Novotny to help assess your current inventory management processes and identify opportunities to improve cash flow and operational efficiency.

🌟 Intern Spotlight: Ethan Nowak 🌟We’re thrilled to introduce Ethan Nowak, one of our outstanding interns at Maloney + No...
06/15/2026

🌟 Intern Spotlight: Ethan Nowak 🌟

We’re thrilled to introduce Ethan Nowak, one of our outstanding interns at Maloney + Novotny this season!

What does leadership look like in accounting?At Experience M+N, a group of talented college students spent the day explo...
06/11/2026

What does leadership look like in accounting?

At Experience M+N, a group of talented college students spent the day exploring that question through hands-on learning, networking, and professional development.

Students connected with accounting and business leaders, explored career paths within the profession, and discussed the leadership skills that matter most in today’s workplace. Their curiosity, energy, and thoughtful questions made for an engaging and rewarding experience.

A special thank-you to Nathan Minns, our M+N volunteers, and all participating students for helping make the event a success.

Maloney + Novotny is proud to invest in the next generation of accounting and business leaders—and excited to see where their careers take them.

A grantor retained annuity trust (GRAT) is an irrevocable trust that allows you to transfer appreciating assets to benef...
06/11/2026

A grantor retained annuity trust (GRAT) is an irrevocable trust that allows you to transfer appreciating assets to beneficiaries while retaining the right to receive fixed annuity payments for a specified term. At the term’s end, any remaining assets pass to your chosen beneficiaries. If your estate exceeds the federal gift and estate tax exemption, one of a GRAT’s most attractive features may be its ability to reduce gift and estate taxes. A GRAT is commonly funded with assets that are expected to increase significantly in value. Any asset appreciation above the Section 7520 rate can pass to beneficiaries free of additional gift or estate tax. Contact your M+N tax advisor for more details.

Address

1111 Superior Avenue E, Ste 700
Cleveland, OH
44114

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

(216) 363-0100

Website

Alerts

Be the first to know and let us send you an email when Maloney + Novotny posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Maloney + Novotny:

Shortcuts

Share

Category