Archive for 2012

Dean Mead Partners with St. Lucie County EDC to Host “2012 Florida Legislative Update”

Published: May 15th, 2012

By: Dennis G. Corrick

 Dean Mead and The Economic Development Council of St. Lucie County cordially invites you to “Coffee Talk”, an informal roundtable discussion on the current economic climate, economic development issues and/or challenges in the county and cities. Wednesday, June 6, 2012 8:00 a.m. -  9:30 a.m. Continental Breakfast and Program LOCATION:Scripps Treasure Coast Newspapers  St. Lucie West Operations  760 NW Enterprise DrivePort [...]

Overstatement of Basis Does Not Extend Statute of Limitations

Published: May 11th, 2012

By: Christopher R. D’Amico

The U.S. Supreme Court has now reconciled a split in the Circuit Courts regarding whether an overstatement of a taxpayer’s basis in property that was disposed of in a recognition transaction could result in the application of a 6-year statute of limitations, instead of  the normal 3-year limitations period.   In US v. Home Concrete & [...]

Jack Bovay Honored with 2012 Legacy Award by the Gainesville Community Foundation

Published: May 9th, 2012

THE GAINESVILLE COMMUNITY FOUNDATION AND NORTH CENTRAL FLORIDA ESTATE PLANNING COUNCIL ANNOUNCE SECOND ANNUAL LEGACY AWARDS GAINESVILLE, Fla. – The Gainesville Community Foundation in partnership with the North Central Florida Estate Planning Council is pleased to announce the recipients of the second annual Legacy Awards. Award recipients will be honored at the Legacy Awards Luncheon [...]

Wandry v Commissioner: Tax Court Blesses Use of Defined Value Formula Clause

Published: May 8th, 2012

By: Brian M. Malec

In an extremely important taxpayer victory, the United States Tax Court issued a memorandum opinion upholding the use of a defined value formula clause to fix the value of the donor’s gift for federal gift tax purposes.  Wandry v. Commissioner, T.C. Memo 2012-88 (March 26, 2012).  This type of formula clause is intended to prevent [...]

Section 179D Deduction for Energy Efficient Property

Published: May 3rd, 2012

By: Christine L. Weingart

Section 179D generally allows a deduction for the cost of all or part of energy efficient commercial building property placed in service during the taxable year.  The energy efficient improvements must be placed in service before January 1, 2014.  Of special note for clients in the construction business is the provision providing that, where the [...]

The Great Health Reform Debate

Published: May 2nd, 2012

By: Kelly Sullivan

As those of us who are interested in the health reform debate are aware, a majority of the states, and numerous organizations and individual persons, filed actions in federal court challenging the constitutionality of the Patient Protection and Affordable Care Act, signed into law two years ago by President Obama. Two of the four federal [...]

Join Us for Dean Mead’s Estate Planning Seminar Series on May 23rd in Orlando

Published: April 27th, 2012

“The End of the Perfect Storm of Estate Planning is Nearing (maybe?) — Planning for the Remainder of 2012″ Please join us on Wednesday, May 23, 2012 for the Estate Planning seminar series in Orlando. 2011 and 2012 have presented a unique environment for estate planning, with record high transfer tax exemptions and near record [...]

Steve Looney Elected to Southern Federal Tax Institute Board of Trustees

Published: April 24th, 2012

Orlando, Florida – Dean, Mead, Egerton, Bloodworth, Capouano & Bozarth, P.A. announced that Stephen R. Looney has been elected to serve as a member of the Board of Trustees of the Southern Federal Tax Institute (SFTI).  He is replacing Charles H. Egerton on the Board of Trustees beginning this year.  Looney’s term will run until [...]