News and Insights

Professionals
Practices
Industries
Type

Blog Posts 1 result

5.06.24

Even When Section 280E No Longer Applies to Cannabis Businesses, Another Tax Problem Will Remain

Much has been written over the last week about the recommendation by Attorney General Merrick Garland to loosen restrictions on cannabis. That recommendation would, among other things, reclassify…

Legal Alerts 35 results

5.08.24

One Minute Matters [Video]: Why Eliminating Section 280E Won’t Solve All of the Cannabis Industry’s Tax Problems (with John Fraser and Scott Kocienski)

When the DEA proposed a reclassification of marijuana from a Schedule I substance to a Schedule III substance, most of the headlines focused on the tax breaks businesses would recieve with the…

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…

2.13.23

IRS Clarifies Federal Tax Impact of Special State Payments

Taxpayers who received disaster relief and other special payments during 2022 now have guidance from the Internal Revenue Service (“IRS”) regarding the federal income taxation of these payments. On…

Podcasts 1 result

4.30.24

What happens if cannabis moves to a lower-risk drug tier?

UPDATE: In light of the breaking news on April 30, 2024, that DEA will move to reschedule marijuana to Schedule III, it is critically important that cannabis operators begin to take steps to prepare…

Press Mentions 4 results

6.03.24

"Taxes Take Center Stage In Pot Industry Amid Fed. Policy Shift"

Scott Kocienski was quoted in the Law360 Tax Authority article, "Taxes Take Center Stage In Pot Industry Amid Fed. Policy Shift."

1.27.23

Law360 Profiles Dykema’s Cannabis Team as a 2022 “Practice Group of the Year”

Dykema’s Cannabis Team was profiled by Law360 as part of its recognition as a “Practice Group of the Year” in Cannabis Law for 2022. In the profile, "Cannabis Group Of The Year: Dykema," Law360…

8.12.22

Crain's Detroit Business Taps Scott Kocienski for Commentary on Inflation Reduction Act

Scott Kocienski was quoted in the Crain's Detroit Business article, "Who wins, loses in Michigan with passage of tax and climate bill." 

Press Releases 10 results

8.11.23

46 Dykema Attorneys Named to 2023 Michigan Super Lawyers and Rising Stars Lists

Dykema, a leading national law firm, announced today that 25 of its attorneys from the firm’s Michigan offices—and from multiple practice areas—were named to the 2023 Super Lawyers list by Michigan…

1.17.23

Dykema’s Cannabis Group Named “Practice Group of the Year” by Law360

Dykema, a leading national law firm, announced that its Cannabis Industry Group was recognized as a “Practice Group of the Year” in Cannabis Law for 2022 by Law360. Dykema is one of only three firms…

8.18.22

180 Dykema Lawyers Listed in The Best Lawyers in America© 2023 and Best Lawyers “Ones to Watch”

Dykema, a leading national law firm, announced today that 180 of its attorneys, in multiple practice areas and markets, have been recognized in The Best Lawyers in America© 2023 guide and the Best…