2021 Iowa Legislative Session – Week Five Summary

By: Amanda Loder | 02.12.2021

  House and Senate Republicans have reached an agreement on school funding, which the House passed Thursday. Under SF 269 K-12 funding would increase by 2.4% for the 2021-22 school year. That’s higher than the Senate’s proposed 2.2% and slightly lower than the 2.5% favored by Governor Kim Reynolds and House Republicans. It’s also a Read…

H-1B Cap Season FY 2022: Are we Already Seeing Influence from the Biden Administration?

By: Kailey Blazek |

  One thing to be said about the former Trump Administration is that change was constant. That was especially true in the context of immigration. Although the outgoing Administration sought to have influence over the FY 2022 H-1B season by implementing a wage-based selection process through last-minute rule changes, the Department of Homeland Security (DHS) Read…

The Era of Third-Party Administrators in the Life Insurance Industry

By: BrownWinick |

  The TPA Model (“Model 90”) originally adopted in 1977, amended in 1991, 1999, 2001, and 2011 is the only regulation governing the use of third-party administrators, (“TPAs”) by insurance companies.  Historically, health and workers compensation insurers utilized TPAs to assist in the administration of their policies.  During the Great Recession, life insurers required infusions Read…

Paycheck Protection Program Round Two: Eligibility, Forgiveness, and Considerations for Borrowers.

By: Sheridan DeJong | 01.27.2021

  The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law on March 27, 2020. Sections 1102 and 1106 of the CARES Act include the Paycheck Protection Program (PPP), which provides Small Business Administration (SBA) loans to assist businesses with maintaining their workforce during the COVID-19 pandemic. On December 27, 2020, Read…

Year-End COVID Relief Legislation Becomes Law During the Holidays

By: Colin Hendricks | 12.30.2020

  This past Sunday evening (December 27), President Trump signed into law additional COVID-19 relief legislation, agreed to by Congress a week earlier, estimated at $900 billion as part of the Consolidated Appropriations Act, 2021. Much of the relief comes in the form of tax provisions, known as the COVID-Related Tax Relief Act (the Act), Read…

BrownWinick Serves as Supporter Organization for United Way 21-Day Equity Challenge

By: Jordan Nickerson | 12.09.2020

  BrownWinick recently concluded its participation in United Way of Central Iowa’s 21-Day Equity Challenge. The Challenge, which took place from October 5 to November 2, served as a self-guided program in which participants were encouraged to engage in group discussion, explore ways to take action, and launch a lifelong commitment to improving equity and Read…

How the 2020 Presidential Election Could Impact Your Succession Plan

By: Robert Hodges | 12.08.2020

  Like many other things this year, uncertainty reigns supreme for tax planning as we approach the end of 2020. Barring successful litigation by President Trump’s legal team, the Biden-Harris Administration will assume control of the executive branch of the Federal Government in early 2021. With that said, the focus for tax planning is control Read…

IRS Launches Centralized Partnership Audit Website

By: William Daniel | 11.19.2020

  The IRS recently launched the website for the Bipartisan Budget Act Centralized Partnership Audit Regime (often referred to as “BBA”). This website is intended to be the location for all information related to BBA, including regulations, electronic submission forms, how to elect out of BBA, and what can generally be expected during a BBA Read…

Center for Economic Justice Pleads Its Case for Overhauling the Life Insurance and Annuity Illustrations

By: BrownWinick | 11.18.2020

  At the November 10th, 2020 Life Insurance and Annuities “A” Committee meeting, Center for Economic Justice’s (CEJ) Executive Director Birny Birnbaum got another 20 minutes of airtime claiming, “Life insurance and annuity illustrations obscure instead of explaining, the operation of the policy or contract.”  He reviewed a lengthy presentation during the meeting. (presentation found Read…

BrownWinick Ranked in U.S. News – Best Lawyers® 2021 “Best Law Firms” List

By: BrownWinick | 11.13.2020

  BrownWinick is excited to announce the firm has been included in the U.S. News – Best Lawyers® 2021 “Best Law Firms” publication. This marks the 11th consecutive year that BrownWinick has been recognized as one of Iowa’s “Best Law Firms”.  Firms included in the 2021 “Best Law Firms” list are recognized for professional excellence Read…