News and Insights

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…

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…

1.04.23

IRS Awakens From Nearly 30-Year Slumber to Announce Objections to 1994 Tax Court Decision

On December 9, 2022, the Office of Chief Counsel of the Internal Revenue Service (“IRS”) issued a General Legal Advice Memorandum (“Memorandum”) challenging the 1994 Tax Court decision in Childs v.…

6.10.23

Texas Lawbook Highlights Dykema M&A Q1 Deals

In its article, "CDT Roundup: 20 Deals, 18 Firms, 196 Lawyers, $3.3B," Texas Lawbook highlighted Dykema M&A activities from Q1 of 2023. 

6.05.20

Richard Lieberman Quoted in Bloomberg Article on Tax Breaks for Opportunity Fund Investors

Richard Lieberman, Chicago-based senior counsel in Dykema’s Tax Practice Group, was quoted in the Bloomberg article “Treasury Offers Broad Opportunity Zone Investor Relief (1).”

4.25.20

Richard Lieberman Speaks on Opportunity Zone Perks in Bloomberg Tax

Richard L. Lieberman, Senior Counsel in Dykema’s Chicago office and member of the firm’s Tax Practice Group, was quoted in the Bloomberg Tax article, “Tax Virus Briefing: Companies, Banks Brace for…

4.01.24

Dykema Guides Old National Through Partnership With Nashville-Based CapStar

Dykema congratulates Old National Bancorp on its partnership with CapStar Financial Holdings, Inc. The partnership transaction includes 23 banking centers located throughout Tennessee and North…

1.08.24

Dykema Advises Doctors in Partnership with United Aesthetics Alliance

Dykema assisted Drs. Brad Bengston and David Alfonso, each of whom led Bengston Center for Aesthetic and Plastic Surgery in its partnership with United Aesthetics Alliance, a portfolio of Varsity…

10.02.23

Dykema Guides SPAC to Successful Closing With Jet.AI

In the span of several months, Dykema attorneys worked diligently to complete Oxbridge’s merger with Jet Token Inc., a private aviation booking and membership platform with an end goal of getting the…

5.22.20

The CARES Act – Employee Retention Credit (ERC): How To Get Tax Relief for Businesses Financially Impacted by COVID-19

Please join Dykema for a webinar on Friday, May 22, 2020 at 11:00am ET, where our panel will discuss the ERC program, including how to qualify as well as the factors that will be considered in the…