BW INSIGHTS

45Q Carbon Sequestration Tax Credit: What It Is & How To Get It

The Carbon Sequestration Tax Credit (commonly referred to as the 45Q Tax Credit) was first added to the tax code in 2008, with subsequent expansions and clarifications in 2018 and 2021. This article will walk you through the basics of what the 45Q tax credit is and how to know if you are eligible to receive it. What is carbon sequestration? Carbon... Read More

Government Relations Update - 06-08-22

Primary election results for numerous statewide and legislative races are in. In federal election news, Mike Franken defeated Abby Finkenauer to become the Democratic candidate for U.S. Senate. Franken will challenge current U.S. Senator Charles Grassley who defeated Jim Carlin in the Republican primary. Additionally, Zach Nunn won a three-way... Read More

United States Supreme Court Issues Decision on Enforcement of Arbitration Clauses

The United States Supreme Court recently issued a decision significant to the enforcement of arbitration clauses in contracts. In a unanimous decision, the Court held in Morgan v. Sundance, Inc. that federal law does not contain a “prejudice requirement” in determining whether a party has waived its right to arbitration. The prejudice requirement... Read More

BrownWinick Hosts Bags Tournament for EMBARC

BrownWinick’s Community Engagement Committee recently hosted a Cinco De Mayo-themed cornhole tournament and reception with all proceeds supporting Ethnic Minorities of Burma Advocacy and Resource Center (EMBARC). BrownWinick attorneys and staff enjoyed the friendly competition and festivities all while supporting a worthy cause. In total, more... Read More

Government Relations Update - 05-25-2022

The 2022 Iowa legislature adjourned sine die early this morning capping an extended 136-day session. The final gavel fell at 12:10 AM in the Senate and at 12:16 AM in the House. The final two days of session included the passage of a handful of remaining policy bills and the entire state budget. All the budget bills fund various departments of... Read More

2022 Iowa Legislative Session - Week 19 Summary

After weeks of limited activity, the Senate Appropriations Committee convened Wednesday signaling the end of the 2022 legislative session is near. The Committee passed ten bills, nine of which were budgets. Most of the budget bills passed with agreed-to amendments between the Senate and House. Negotiations continue on the largest budget, Health... Read More