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Crowe Chizek and Company LLC

305 Fellowship Rd., Ste 201

Mount Laurel, New Jersey 08054

United States

Company Description

Under its core purpose of "Building Value with Values®," Crowe Chizek and Company LLC ( provides innovative business solutions in the areas of assurance, benefit plan services, financial advisory, forensic services, performance service ... more

Find other employees at this company (91)

Background Information

Employment History

SPX Corporation


Board Member
Eclipse Bank Inc

Web References (17 Total References)

Robert R. Hill, ... [cached]

Robert R. Hill, Chairman

Retired Partner, Crowe Chizek and Company

Taxes, Law and Insurance [cached]

By Robert R. Hill, CPA

Robert R. Hill serves as the Director of Taxation at Crowe, Chizek, and Company LLP in Louisville, Kentucky. He has much experience in equine tax and accounting matters.
Tony then asks his trainer Bob about the limitation of liability. Bob replies that he does not know about any limitation, but has heard around the backside that if a horse transporter is "negligent," it is responsible for the whole loss. Tony asks other trainers and owners and gets the same sort of reply.
What Tony is told by Bob and others is incorrect. » The Courier-Journal » Louisville, KY » Business News [cached]

"What I'm hearing from our market breeders is that they're a little shaky, they're worried about the effect of the stock market," said Robert Hill, a certified public accountant with Crowe, Chizek and Co. in Louisville.The tax break "could be a stimulus."

The Job Creation and Worker Assistance Act of 2002, which President Bush signed into law in March, is designed as an income-tax benefit for U.S. businesses.It also helps horse breeding and racing operations.
The change in the law offers an added 30 percent first-year depreciation deduction for purchases of some horses.
"The biggest effect should be in the yearling market," Hill said.
Hill said the July sale could see a 15 percent increase from last year because of the law.

Charitable considerations - 2002-01-28 - Business First of Louisville [cached]

Giving tactics vary widely and, because of the abrupt and devastating nature of the Sept. 11 events, many new charities have appeared and still await their IRS designations, according to Bob Hill, tax executive at Crowe, Chizek and Company LLP.

Corporate donors need to carefully secure the correct documentation, Hill said.
"If they're giving to a charity, they need to ask for a copy of the IRS determination letter that states the donee is a 501(c)(3) organization," he said."That includes public charities, schools and churches.If they plan to deduct, they must make sure they give to an organization that qualifies."
Hill said another important factor to keep in mind is that many current charities -- such as the Liberty Disaster Fund -- are legitimate divisions of existing organizations, Hill said.
Examples of this are America's Fund for Afghan Children and the Armed Forces Emergency Services, whose "parent" organization is the American Red Cross.
Considerations for corporations
One other factor for businesses to consider when preparing for tax-filing time is the business' structure.
The method for deducting charitable donations depends on the type of corporation, according to Hill and Brummer.
When it comes to the structure of corporations, all corporations are the same in the manner that cars are all the same -- cars all have one engine and four wheels, Hill said.
But beyond that, most large companies are C corporations and elect to pay taxes on their income.
Whereas, an S corporation elects to be taxed similarly to partnerships, in which the individual partners, instead of the company itself, pay taxes, Hill said.
If a business partner of an S corporation owns 15 percent of the business, "then (he would) get 15 percent of (the company's) income," he explained.
And that income is what the individual pays taxes on, Hill said.
When it comes to charitable donations, contributions from an S corporation are limited to 50 percent of the shareholders' adjusted gross income.
However, donations can be deducted over a period of time.For example, "if a corporation wants to contribute $10,000, but they're only allowed a maximum of $5,000 that particular year, the extra amount can be carried forward for up to 5 years," Hill said."Afterward, any money not used is `lost' to the donor in terms of deductibility."

WhoWon Race Results - Illinois State Fairgrounds, 8/10/00 [cached]

Another former winner that could find himself in a ride before the fair date is 1994 Crowe Memorial winner Bob Hill.

Clement is a former winning car owner of the Crowe , with Bob Hill wheeling the car into victory lane.

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