Steve Looney, shareholder and chair of Dean Mead’s Tax Department spoke at the 60th Annual William & Mary Tax Conference in Williamsburg, VA, on November 7, 2014. He presented on “Reclassification Risks For Compensation Paid by S and C Corporations to Shareholder-Employees“. In addition to covering unreasonably high compensation in the “C” corporation context and unreasonably […]
Stephen R. Looney, Chair of Dean Mead’s Tax department, was a guest speaker at the 63rd Annual Tulane Tax Institute in New Orleans, LA on October 22, 2014. His presentation was titled, “Reclassification of Compensation Paid by C Corporations and Reclassification of Distributions Made by Corporations to their Shareholder-Employees”. Mr. Looney discussed how the IRS and […]
Dean Mead shareholder and Chair of the firm’s Tax Department, Stephen Looney, authored the article “Camp Proposal on Tax Reform Contains Many Changes and Surprises,” published in the May 2014 edition of Tampa Bay Medical News. The article may be viewed via the following link: Camp Proposal on Tax Reform. This article was reproduced with permission from Tampa Bay […]
Stephen Looney, Dean Mead shareholder and Chair of the firm’s Tax Department, will be presenting on “Compensation Reclassification Risks for S and C Corporations” at the 2014 J. Nelson Young Tax Institute at the University of North Carolina, Chapel Hill on April 25th, 2014.
Dean Mead attorney Stephen Looney authored a “Tax Tip” article in the January-February 2014 Edition of the Journal of Passthrough Entities, entitled “The Case of the Disappearing Basis: Stock Acquisitions by S Corporations Followed by QSub Election.” The article highlights how purchase price basis disappears when an S corporation acquires the stock of a target corporation and then […]
Dean Mead attorney Stephen Looney was a featured speaker at the University of Texas 61st Annual Taxation Conference held in Austin, Texas on December 5th, 2013. Mr. Looney’s presentation was entitled “Compensation Reclassification Risks for S and C Corporations.” The presentation discussed how the IRS and the Courts are addressing the reclassification of compensation and other payments […]
Dean Mead attorney Stephen Looney was a featured speaker at the 72nd NYU Tax Institute in San Francisco, California on November 20th, 2013. Mr. Looney’s presentation was entitled Tax Effects of Converting Entities Under Check the Box, State Law Conversion Statutes, State Law Merger Statutes and “Manual” Conversions. The presentation examined the federal tax consequences of changing […]
The recently enacted American Taxpayer Relief Act of 2012, together with the new 3.8% tax on investment income that was added to the Code as part of the Patient Protection and Affordable Care Act, but first became effective for tax years beginning in 2013, are likely to have a significant impact on real estate investments. […]