Scott Tincher: Community Leader at Covia - Seite 2

Project Highlight: Navigating Changing Tax Law

One project that I am rather proud of occurred early in my tenure. The US Congress had just passed some major tax law changes that would have a significant impact on Covia. The changes had to do with how losses were treated and whether a company could carry losses back to get taxes paid in previous years refunded. After several attempts over the span of three years, my team was able to recover a large sum plus interest for Covia. It was a challenging process, taking a lot of work preparing the right documents and forms to file with the IRS. It was especially rewarding as we were able to work alongside one of our US House Representatives to expedite the bureaucratic process to get that money back during a fiscally challenging year. With the funds secured, Covia was able to expand operations, improve processes, and upgrade the technological capabilities at facilities. I'm so proud of the tax team's hard work as we navigated this policy change.

A Helping Hand

I've always been a big fan of volunteering and giving back to my community. In 2022 and again in 2023, I was one of several Covia Team Members who hit the milestone of volunteering for over 200 hours in the year. My appreciation for helping others really took off when my kids were growing up. From preschool through high school, I volunteered for activities related to their schooling and hobbies. Currently, I serve as the treasurer for the Aurora All Sports Boosters - helping to finance nearly 600 high school athletes each year. It is a lot of work to ensure every sport has the resources to afford up-to-date equipment, facility rentals, and team meals. Now that my youngest is in college, I am slowly transitioning the role to a current high school parent so that they can keep a closer eye on the current needs of the student-athletes. Additionally, I enjoy giving back at the college level through the organization College Now. Thanks to this program, I have been able to mentor an accounting student at Miami University (Oxford, Ohio) for the past three years. We talk several times a month about how they're doing, class schedules, resumes, and sports. It's been an incredible experience guiding this first-generation college student through the intricacies of the tax industry. College Now even recognized me for my volunteer work this past year, by naming me their 2023 Mentor of the Year. Professionally, I am involved with an organization of in-house tax professionals called Tax Executives Institute. I am grateful that Covia has supported me as I have become more involved with this organization. From attending and developing content for conferences to serving on committees, Covia has empowered me to further develop as a tax professional. I have also had the opportunity to hold numerous leadership positions at my local chapter and, for the last seven years, have organized and run a scholarship golf outing. The outing raises between $6,000 and $9,000 for scholarships at The University of Akron, Cleveland State, Kent State, and Hiram College for students considering a career in tax. My wonderful wife, Halle, helps volunteer with the outing as well, managing the day of the event so that I can enjoy the outing and a round of golf. Another organization that I frequently volunteer with is Believe in Dreams. Similar to the Make a Wish Foundation, they help to make dreams come true for kids facing nonmedical adversity. I really enjoy working with this organization and watching as they help lift these kids up to overcome the adversity in their lives so they can find success.