The Corporate Transparency Act: It Applies to More Than Just Corporations!

By Julia Thomas | December 8, 2023

Published: December 8, 2023   On January 1, 2024 the Corporate Transparency Act (“CTA”) goes into effect, creating a new reporting requirement for the vast majority of small businesses and family entities in the U.S. The CTA will require these entities– that are not generally subject to regulation– to report the identity of their “beneficial owners”…

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Sunlight In Your Pocket: Solar Energy Tax Incentives

By Julia Thomas | October 10, 2023

Published: October 10, 2023 For a number of years, certain Federal, state and local tax incentives have been available to promote, among other things, the importance of renewable energy like solar power. These incentives benefit Florida’s business owners and residents who choose to implement solar energy systems on their property. How these incentives are applied,…

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Court Finds Shareholder Liable in Recent Midco Transaction

By Julia Thomas | January 15, 2016

In Tricarichi,1 the Tax Court held that the sole shareholder of a corporation was liable as a transferee for the corporation’s unpaid tax liability after he sold his stock in a “Midco” transaction, resulting in a tax deficiency of $15,186,570 and penalties of $6,012,777 under Section 6901 and Ohio fraudulent transfer laws. The taxpayer was…

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President Obama Signs PATH Act Into Law

By Julia Thomas | December 21, 2015

Last week, Congress passed H.R. 2029, The Protecting Americans from Tax Hikes Act of 2015 (PATH).  The PATH Act would extend for varying degrees of time, some permanently, many expired tax provisions. Our initial summary of the PATH Act can be found here.  On Friday, President Obama signed the PATH Act into law. As a result, taxpayers have a…

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Tax Extenders are (almost) Here

By Julia Thomas | December 16, 2015

In what has replaced Santa Claus as the most anticipated December arrival [for U.S. taxpayers at least], Congress reached a bipartisan agreement to retroactively extend numerous tax benefits that expired at the end of last year. The Protecting Americans from Tax Hikes Act of 2015 (PATH) was announced by Congress late last night.  PATH needs…

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Steve Looney’s byline on Camp Proposal in Orlando Medical News

By Julia Thomas | August 22, 2014

Stephen R. Looney, Shareholder and Chair of Dean Mead’s Tax department, authored an article titled, “Camp Proposal on Tax Reform Contains Many Changes and Surprises”. The article was published in the August 2014 issue of Orlando Medical News. The full article may be viewed here: Camp Proposal on Tax Reform Contains Many Changes and Surprises.

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