BW INSIGHTS

Profits Interests - Equity Compensation for Partnerships

Many people are familiar with stock options and how those operate, but for those businesses organized as an LLC and taxed as a partnership, profits interests are another tool in the toolbox to recruit, retain, and motivate your employees. However, I often need to provide more explanation about profits interests and how they work than stock options... Read More

Using Equity Compensation to Motivate and Recruit Talent

Businesses today face many different kinds of challenges, but one that is especially difficult to resolve is securing and motivating talented employees. How do you motivate your employees to think of themselves as an important piece of the puzzle in growing the value of your company? One tried and true method of doing so is through equity... Read More

How Your M&A Escrow Can Go Wrong

In the world of M&A transactions, there is always a large debate between buyer and seller on proper security for certain liabilities that the buyer may experience after the closing. A solution very commonly used is to place a certain percentage of the purchase price into escrow with an escrow agent, such as a bank, to hold the money post-closing... Read More

Iowa's New & Improved Retail Alcohol Licenses: What Changes to Expect

Iowa recently enacted significant changes to its laws regarding the regulation of retail alcohol sales during the 2022 legislative session by the passing of Senate File 2374. These changes will take effect on January 1, 2023. These changes seek to make the alcohol licensing process more simplified and efficient for manufacturers, retailers, and... Read More

NCAA Name, Image, and Likeness ("NIL") Policy Brings Opportunities and Legal Challenges for College Athletes

On July 1, the NCAA announced that college athletes can now benefit from their name, image, and likeness (“NIL”). This drastic shift in NCAA policy brings all sorts of previously unthinkable opportunities for college athletes; however, this new world also brings many areas of concern for athletes, particularly from a legal standpoint. Athletes who... Read More

IRS Launches Centralized Partnership Audit Website

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 More