Category Taxation Law (2)

Tax Update - Qualified Opportunity Zone Final Regulations and Highlights of Tax Provisions in Spending Bill

Final Regulations for Qualified Opportunity Zones At long last, after two sets of proposed regulations, the IRS finalized its regulations with respect to investing in a “qualified opportunity zone” (“QOZ”). See previous articles on the tax benefits of such an investment and how to qualify for them here: Invest in Opportunity Zones and Updated... Read More

Planning for the 2019 Year-End and Upcoming Changes in Tax Law

The end of the 2019 taxable year is quickly approaching, which means there are only a few weeks left for certain tax planning. This article discusses potential tax planning strategies for 2019, recaps some of the more significant changes that occurred in 2019, and also addresses upcoming changes you should be aware of for the 2020 taxable year.... Read More

BrownWinick Law Firm Ranked in U.S. News - Best Lawyers 2020 "Best Law Firms" List

BrownWinick has been included in the U.S. News – Best Lawyers® 2020 "Best Law Firms" rankings[i]. The tenth edition of the U.S. News & World Report and Best Lawyers® released the 2020 "Best Law Firms" rankings on November 1, 2019. Firms included in the 2020 "Best Law Firms" list are recognized for professional excellence with persistently... Read More

BrownWinick Attorneys Named to 2020 Best Lawyers List

BrownWinick is pleased to announce that 24 lawyers have been included in the 2020 Edition of The Best Lawyers in America. Since it was first published in 1983, Best Lawyers® has become universally regarded as the definitive guide to legal excellence. Best Lawyers® has published their list for more than three decades, earning the respect of the... Read More

Update on Investing in Opportunity Zones

Additional IRS and Treasury Department Guidance Proposed Regulations for Qualified Opportunity Funds The IRS has now issued two sets of proposed regulations for Qualified Opportunity Funds (“QOF”). As part of the Tax Cuts and Jobs Act, Congress established QOF as a new investment vehicle to spur economic development in certain distressed... Read More

One Year after Landmark Wayfair Decision Iowa Sales Tax Update

The United States v. Wayfair Supreme Court landmark decision last summer created an entirely new landscape for state sales and use taxes. BrownWinick’s previous articles explained the decision and provided an update focused for businesses. To summarize, many more businesses are subject to out-of-state sales tax laws under a concept known as... Read More

BrownWinick Attorneys Featured in 2019 Great Plains Super Lawyers and Great Plains Rising Stars

Eleven BrownWinick attorneys were selected for inclusion in the 2019 Great Plains Super Lawyers online listing: William Brown – Tax Elizabeth Coonan – Employment and Labor Michael Dee – Business Litigation Alice Helle – Employee Benefits Thomas Johnson – Business/Corporate Ann Holden Kendell – Employment and Labor James Pray – Environmental Brian... Read More

Defer Income Tax on Capital Gains by Investing in Opportunity Zones

Overview of Investing in Opportunity Zones. To spur economic development in certain distressed communities across America designated as Qualified Opportunity Zones (“QOZ”) through private investment, Congress in the recent Tax Cuts and Jobs Act created a new investment vehicle that provides preferential income tax treatment for reinvesting... Read More

BrownWinick Law Firm Ranked in U.S. News - Best Lawyers 2019 "Best Law Firms" List

BrownWinick has been included in the U.S. News - Best Lawyers® 2019 "Best Law Firms" rankings. The ninth edition of the U.S. News & World Report and Best Lawyers released the 2019 "Best Law Firms" rankings on November 1, 2018. Firms included in the 2019 "Best Law Firms" list are recognized for professional excellent with persistently impressive... Read More