profile headshot of Maggie Simonson Schild

Specialties

As a dually-licensed attorney and CPA at BrownWinick, my practice lies at the intersections of business law and taxation. This could be anything from advising you about the income tax implications of a complex business transaction, employment agreement, or investment; to analyzing sales tax implications for your business; representing you or your business in an audit or tax controversy; counseling you or your business regarding employee benefits; preparing federal and state tax returns for you, your business, or your nonprofit organization; structuring and setting up your new business; and so much more. 

My Approach  

I aim to build a relationship with you as your trusted advisor, not just your attorney, so that I am better able to assist you with proactive tax planning, rather than just reacting to taxable events. That being said, I also realize that taxable events are sometimes not planned. Regardless, my goal is always to provide you with concise and straightforward advice on complex issues. When audits and tax controversies arise, I understand they can be quite overwhelming. My role is to navigate you throughout the process, help you prepare, and communicate on your behalf making the situation much less stressful.  

More About Me

I received my B.B.A, with distinction, in Accounting and a Certificate in Spanish in 2010 from the University of Hawaii at Manoa. I obtained my J.D. from the University of Iowa College of Law and was admitted to the Iowa bar in 2014. While in law school, I received the Boyd Service Award with High Honors for volunteer service, studied abroad in Madrid, Spain with William & Mary Law School, and completed courses in the Master of Accountancy program at the University of Iowa Henry B. Tippie College of Business to meet CPA license requirements. In 2015, I received my CPA license. 

Prior to joining BrownWinick, I worked in public accounting. This experience allows me to see beyond the legal aspects of a transaction or agreement and work side-by-side with you and other tax and financial advisors.

I have been selected for inclusion in Best Lawyers® - Ones to Watch in the areas of Employee Benefits (ERISA) Law, Labor and Employment Law - Employee, Litigation and Controversy - Tax, Tax Law, and Trusts and Estates. I am a member of the Iowa State Bar and American Bar Associations, American Academy of Attorney-CPAs, and the Iowa Society of Certified Public Accountants. 

I was recently selected to serve on the Iowa Supreme Court Grievance Commission from 2022-2024.

My Specialties

  • Taxation Law
  • Business and Corporate Law
  • Employment Law
  • Employee Benefits
  • Start-ups

IRS Issues Guidance on Matching Contributions for Student Loan Payments

09-16-2024 Background On August 19, 2024, the IRS issued Notice 2024-63 (the “Notice”) to provide highly anticipated interim guidance on Section 110 of Secure 2.0 Act (“Secure 2.0”), which was enacted in 2022. Secure 2.0 amended the definition of matching contributions to allow an employer to make matching contributions beginning in 2024 to 401(k), 403(b),...
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IRS Announces Guidance on Basis-Shifting Transactions by Related-Party Partnerships

07-25-2024 On June 17, 2024, the Internal Revenue Service (IRS) and Treasury announced new guidance aiming to curtail abusive basis-shifting transactions by related-party partnerships. The Treasury and IRS plan to propose regulations targeting transactions in which partners shift basis from one asset to another, thereby increasing the second asset’s basis...
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Iowa Livestock Capital Gain Deduction for 2023

06-18-2024 On May 15, 2024, Governor Reynolds signed into law House File 2649 that provides an Iowa individual income tax deduction for capital gains incurred on the sale of certain livestock. The Iowa livestock capital gain deduction is available retroactively for tax years beginning on or after January 1, 2023. To claim the livestock capital gain...
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Tax Relief Due to Recent Severe Weather in Iowa

06-18-2024 Severe weather has been active across the state of Iowa, affecting individuals and businesses. Governor Reynolds and the Internal Revenue Service have implemented various forms of tax relief for those most affected by severe weather. Iowa Penalty Relief On May 21, 2024, Governor Reynolds issued a Proclamation of Disaster Emergency for the...
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Direct Pay Election and Transferability of Certain Energy Credits

07-3-2023 On June 21, 2023, the IRS issued proposed regulations for Internal Revenue Code (“IRC”) Sections 6417 and 6418, which relate to an election for direct payments of certain energy-related credits and transferability of certain energy credits, respectively. Furthermore, the IRS released FAQs regarding elective pay and transferability on June 14,...
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New Iowa Law Establishes Optional Workaround for Pass-through Businesses to the $10K Federal SALT Limitation

05-22-2023 Late last week, Governor Kim Reynolds signed House File 352, which establishes an IRS-approved workaround to the federal limitation of deducting only up to $10,000 of state and local tax (SALT) for individuals who itemize their deductions effective retroactively to January 1, 2022. Under this new law, which will remain in effect for the duration...
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Affordable Care Act Deadline Extension

12-19-2022 On December 15, 2022, the Internal Revenue Service issued final regulations extending deadlines for providing certain information statements under the Affordable Care Act (ACA). The extension applies to Forms 1095-C, filed and issued by applicable large employers (ALEs), who are subject to the ACA Employer Mandate. The extension also applies to...
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UPDATE: IRS Extends Deadlines for Certain Additional Required Amendments to Retirement Plans and IRAs

11-29-2022 Earlier this year, we shared an update on certain retirement plan updates originally required to be adopted this year. At that time, we noted that some amendment deadlines had been delayed, but other amendments were still required this year. On September 26, 2022, the IRS issued Notice 2022-45, extending the deadline for qualified plans, 403(b)...
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Remote Worker Taxation Considerations: What Employers and Employees Should Understand

09-19-2022 Since the beginning of the COVID-19 pandemic, remote work has become common in a variety of workplaces and fields. Working from home has become a necessity in some cases, with more and more employees switching to permanent or regular work-from-home arrangements. This unprecedented shift towards remote work has certainly created conveniences for...
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IRS Extends Deadline for Certain Required Amendments to Retirement Plans and IRAs

09-13-2022 On August 3rd, 2022, IRS Notice 2022-33 extended the remedial amendment periods for qualified plans, 403(b) plans, governmental plans, and 457(b) plans to adopt certain, but not all, required plan amendments relating to the Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”), the Bipartisan American Miners Act of...
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33 BrownWinick Attorneys Named to Best Lawyers® in America 2025 List

07-9-2024 BrownWinick is pleased to announce that 33 of our lawyers have been included in the 2025 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. BrownWinick would like to congratulate the following attorneys named to the 2025 The Best...
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BrownWinick Attorneys Named to 2024 Best Lawyers® List

08-17-2023 BrownWinick is pleased to announce that 33 lawyers have been included in the 2024 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. BrownWinick would like to congratulate the following attorneys named to the 2024 The Best Lawyers...
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Assistant

Samantha Garner

515-248-6620

Undergraduate

University of Hawaii at Manoa

B.B.A., with distinction, Accounting,  

Certificate in Spanish, 2010

Legal

University of Iowa College of Law

J.D., 2014

Admitted

Iowa, 2014

Memberships & Associations

  • Iowa State Bar Association
    Member; Taxation Section
  • Iowa Society of Certified Public Accountants  
    Member
  • American Academy of Attorney-CPAs 
    Member
  • Iowa Supreme Court Grievance Commission (2022-2024)