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 the age of 67 years old or until such time he retires from the practice of law.

The Southern Federal Tax Institute, Inc. is a non-profit corporation organized for the exclusive purpose of developing and presenting annually a professional institute covering current federal tax problems and issues at the post-graduate level.  The program is designed for the practitioner who must frequently anticipate and handle federal tax matters. Emphasis is placed on subjects which are new and current, including in-depth coverage of recent developments and problems which often prove difficult in planning clients’ affairs and transactions.

Now in its 47th year, the institute is widely regarded as the organization that hosts the preeminent conference for tax professionals throughout the Southeast.  Looney has been a featured speaker at the conference for the past four years. Last fall, he offered a presentation entitled, “Advising the Professional Service Firm”.  His topic covered the range of income tax issues that commonly arise in the context of professional service firms, that were historically organized as professional C Corporations, but more frequently take the form of a S Corporation LLC.  His presentation focused on issues that should be considered in the operation and conversion of these entities.

Looney represents clients in a variety of business and tax matters including entity formation (S and C corporations, partnerships, and LLCs), acquisitions, dispositions, redemptions, liquidations, reorganizations, tax-free exchanges of real estate and tax controversies.  His clients include closely held businesses, with an emphasis on medical and other professional practices.  He is a former Chair of the S Corporations Committee of the American Bar Association’s Tax Section and currently chairs Dean Mead’s tax department.

At present, there are 19 members of the SFTI Board of Trustees who are all acknowledged leaders in the tax field. Egerton, one of the founding partners of Dean Mead and the immediate past Chair of the American Bar Association Tax Section, served on the Board of Trustees for more than 20 years. Said Egerton, “This is a well-deserved honor for our esteemed colleague, Steve, whose leadership, integrity and dedication to his clients and the practice of law continues to elevate the profile of the legal profession and our firm both regionally and nationally”.

About Dean Mead:

Dean Mead provides full-service legal representation to businesses and individuals throughout Florida.  The firm has nearly 50 attorneys practicing in multiple practice areas including: tax, estate and succession planning, corporate, agribusiness, healthcare, real estate, general commercial litigation, employee benefits, bankruptcy and creditors’ rights.  The firm’s offices are located in Orlando, Fort Pierce, Gainesville and Viera. For more information, please visit http://www.deanmead.com.

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