Dean Mead Hires Attorney Justin M. Robinson

By Julia Thomas | June 18, 2024

Published: June 18, 2024 (Orlando, FL) Justin Robinson has joined Dean Mead’s Corporate and Tax Department where he will advise clients on a myriad of tax issues, including business sales and purchases, mergers and acquisitions, employee benefits, ESOPs, and charitable giving. “Justin joins Dean Mead having developed foundational experience in tax law,” shares Stephen Looney,…

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Compensation to Law Firm Shareholder-Employees Disallowed by Tax Court

By Julia Thomas | March 17, 2016

In Brinks,[1] the Tax Court once again applied the independent investor test to recharacterize compensation paid by a professional corporation, a law firm, to its shareholder-employees as nondeductible dividend distributions, and held the corporation liable for accuracy-related penalties for mischaracterizing the dividends as deductible compensation. This case should serve as a warning for many mid-size…

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