Estate and Succession Planning
Dean Mead’s Estate and Succession Planning Department is one of the largest and most respected groups of estate planning attorneys in Florida. We are frequently…
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 low compensation in the “S” corporation context, the presentation also reviewed recent decisions regarding when members of an LLC will not be eligible to use the “limited partner” exception to avoid the Self-Employment Tax.
The outline from his presentation may be viewed HERE.
