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Archive for the ‘ESOPs’ Category

ESOP Participants Treated as Related Persons for Deduction Deferral Purposes Under Section 267(a)(2)

Published: October 13th, 2017

By: Stephen R. Looney

Section 267(a)(2) contains a matching rule which requires that deductions resulting from items of expense and interest may not be taken in an earlier taxable year from the one in which the payee includes such item is gross income if the payor and payee are “related persons” within the meaning of Section 267(b).  Accordingly, whether […]

Stock Surrender and Repurchase Lacks Economic Substance

Published: September 27th, 2017

By: Stephen R. Looney

It has long been a basic tenet of federal tax law that, in order to be respected for tax purposes, a transaction must have economic substance.  In a recent decision, the Tax Court once again held that a purported sale or exchange lacking in economic substance will not be respected.  The case also demonstrates that […]

IRS’s Informal S Corporation No-Rule List Includes Three New Items

Published: March 16th, 2017

By: Stephen R. Looney

A taxpayer may, for a fee, request a written letter ruling from the IRS interpreting and applying tax laws to the taxpayer’s represented set of facts. However, there are some issues in which the IRS will not issue a letter ruling. Taxpayers should note that the IRS has recently added three new issues to its […]

The Pros & Cons of ESOPs – Is This Succession Planning Tool for You?

Published: October 26th, 2016

By: Joseph “Jay” Van Heyde II

Many business owners who are at or nearing retirement age are facing the difficult task of developing a business succession plan in order to reap the benefits of years spent developing a successful business. Often times, there is no “next generation” to inherit or carry on the family business or no team of key management […]

Jay Van Heyde Elected to ESOP Association’s New South Chapter’s Executive Committee

Published: January 18th, 2016

By: Joseph “Jay” Van Heyde II

Dean Mead shareholder, Joseph “Jay” Van Heyde II was elected to the 2016 ESOP Association’s New South Chapter’s Executive Committee. Mr. Van Heyde is a frequent presenter nationally on Employee Stock Owner Plans (ESOPs). He represents a wide variety of clients with respect to their tax qualified retirement plans, including ESOPs and 401(k) and defined benefit pension plans, non-qualified plans […]

Jay Van Heyde to Speak at NCEO Annual Conference

Published: April 20th, 2015

By: Joseph “Jay” Van Heyde II

Dean Mead shareholder, Joseph “Jay” Van Heyde II will be speaking in Denver, CO at the Annual Conference of the National Center for Employee Ownership (NCEO) on Thursday, April 23rd on the topic of “Assessing the Fairness of Warrants and Stock Appreciation Rights” in ESOP transactions and employee owned corporations. His presentation will focus on the fiduciary, […]

Jay Van Heyde among the featured speakers at “IN TUNE WITH ESOPs” Fall Conference

Published: September 30th, 2014

By: Joseph “Jay” Van Heyde II

Dean Mead was a Silver Sponsor for the IN TUNE WITH ESOPs Fall Conference, that was held on September 17-18, 2014 in Nashville, TN. Shareholder  Joseph “Jay” Van Heyde II was one of the featured speakers on the topic of Equity Compensation Basics for Private Companies on Thursday, September 18th, 2014. To learn more about this conference, please follow the […]

District Court Dismisses Money Damages and Injunctive Relief Claims of DOL Against ESOP Valuation Firm

Published: April 30th, 2014

By: Joseph “Jay” Van Heyde II

Jay Van Heyde’s byline is published in the April 2014 ESOP Report newsletter, a publication of The ESOP Association. Mr. Van Heyde is a shareholder in Dean Mead’s Orlando office. He has been an Advisory member of the ESOP Association’s Legislative and Regulatory Committee, as well as Florida Advisory member of the New South Chapter of the ESOP […]