Dean Mead Hires Attorney Brendan Hobbs

Published: January 26, 2023 (Orlando, FL) Dean Mead announced Brendan Hobbs has been hired as an Attorney in the firm’s Corporate and Tax Department.  He will be assisting in the structuring transactions, in a tax-efficient manner, and in the acquisition, merger, sales, and dissolution of multiple corporate entities and nonprofit organizations. “Brendan introduces additional depth…

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Court Finds Shareholder Liable in Recent Midco Transaction

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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