News and Insights

8.28.24

Cannabis Rescheduling Timeframe Ends Speculation of Immediate 280E Tax Relief

The Drug Enforcement Administration (DEA) announced this week it will hold a hearing regarding the attorney general’s proposal to ease restrictions on marijuana. The hearing is scheduled for the…

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…

8.15.24

Understanding Your Responsibilities Under the Corporate Transparency Act

Beginning on January 1, 2024, the Corporate Transparency Act (the “CTA”) requires many entities formed or registered to do business in the United States to report information to the U.S. Department of…

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…

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…

10.09.24

Dykema Represents Network Perception in Successful Acquisition by Dragos, Inc.

Dykema, a leading national law firm, served as outside general counsel and strategic counsel to Network Perception from its early commercialization through two rounds of venture capital and the…

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…

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…