News and Insights

9.15.20

State Board of Canvassers Unanimously Rejects “MI Legalize” Initiative Petitions to Legalize Adult Use of Marijuana

On Saturday, September 12, 2020, the Internal Revenue Service (“IRS”) updated a marijuana industry frequently asked questions (“FAQ”) page that provides relief to state-legal cannabis businesses. The…

3.06.24

Corporate Transparency Act Held Unconstitutional in Alabama Federal District Court

The Corporate Transparency Act (“CTA”), which came into effect this year, suffered its first blow in the U.S. District Court for the Northern District of Alabama. On March 1, 2024, the court held that…

12.12.23

Corporate Transparency Act – What You Need to Know

Beginning on January 1, 2024, the Corporate Transparency Act (the “Act”) will impose new beneficial ownership reporting obligations upon millions of companies doing business in the United States.…

5.02.23

IRS Announces Heavyweight Bout with Sports Partnerships

On January 16, 2024, the Internal Revenue Service’s (“IRS”) Large Business and International Division directed its aim at the sports world by announcing its Sports Industry Losses campaign designed to…

6.19.24

One Minute Matters [Video]: Could Your Damage Award Trigger an Unexpected Tax Bill? Here’s How to Avoid It (with Nardeen Dalli)

Imagine your company wins a significant lawsuit, only to face a hefty tax bill from the IRS. How can you safeguard your business from these unexpected tax burdens? Nardeen Dalli breaks down the…

9.30.24

Dykema Assists Universal Logistic Holdings, Inc in Acquisition of Market-Leading Rail Terminal Operator

Dykema congratulates Universal Logistic Holdings, Inc. on its acquisition of Parsec, a market-leading provider of terminal management services to the Class I, regional, and short-line railroads across…

8.15.24

216 Dykema Lawyers Listed in The Best Lawyers in America® 2025 and Best Lawyers “Ones to Watch”

Dykema, a leading national law firm, announced today that 216 of its attorneys, in multiple practice areas and markets, have been recognized in The Best Lawyers in America® 2025 guide and the Best…

8.12.24

47 Dykema Attorneys Named to 2024 Michigan Super Lawyers and Rising Stars Lists

Dykema, a leading national law firm, announced today that 26 of its attorneys from the firm’s Michigan offices—and from multiple practice areas—were named to the 2024 Super Lawyers list by Michigan…