BW News

New Partnership Audit Rules Apply in 2018, Business Should Take Action Now

In 2018, the IRS is changing the audit procedures for businesses taxed as partnerships, which includes LLCs taxed as partnerships. Updated tax regulations were recently proposed and will be finalized after the public hearing on September 18, 2017, making this a good time for businesses to consider the new rules and begin taking proactive steps to... Read More

BrownWinick Charity Event - Support Our Schools ("SOS")

During the months of June and July, BrownWinick collected items and raised funds for Support Our Schools ("SOS"). BrownWinick collected school supply items and donations during the two months and SOS was the selected charity for one of BrownWinick’s jean days where attorneys and staff are allowed to wear jeans in exchange for a donation. The... Read More

ROFR, ROFO and Options: What's the Difference?

Clients frequently enter into transactions that contemplate possible future transactions between the same parties. For example, a buyer purchasing real estate from a property owner may only want to do so if the buyer will have the opportunity to buy the surrounding real estate in the future. Rights of first refusals (“ROFR”), rights of first offer... Read More

Brian Rickert Named Fellow of Construction Lawyers Society of America

Attorney Brian Rickert has been selected as a Fellow of the Construction Lawyers Society of America (“CLSA”). Brian is a partner at BrownWinick and is Chair of the firm’s construction practice group. Brian is the only lawyer from Iowa that is a Fellow in this prestigious group. The CLSA is an invitation-only international honorary association... Read More

The 2017 Legislative Session, By the Numbers

The 2017 session of the 87th General Assembly convened on January 9, 2017 and adjourned Sine Die, 104 days later, on Saturday, April 22, 2017 at 7:14 a.m. During this 104 day period, 1653 bills were introduced, of which 174 bills were signed into law. Click for a complete list of bills signed into law, their titles, and effective dates. During... Read More

What To Do When Your Business Is Served with a Subpoena

Occasionally I get a call from a client who just had a friendly visit from their local sheriff delivering a subpoena. Typically, the subpoena was issued as part of a dispute between two or more parties unrelated to the client. As you can imagine, this leads to some questions. Just because you or your company has been served with a subpoena does... Read More

EPA and USACE Move to Rescind 2015 Waters of the U.S. Rule

BrownWinick environmental attorney James Pray posted recently on his Iowa Environmental Compliance blog on the new rule, proposed on June 27, 2017 by the Environmental Protection Agency and the Department of Army and Army Corps of Engineers ("USACE"), to rescind the 2015 Waters of the U.S. Rule and re-codify the regulatory test that existed prior... Read More

Unlucky in the Lottery: H-1B Alternatives

U.S. Citizenship and Immigration Services (“USCIS”) recently completed its annual H-1B visa random selection process, more colloquially known as the “lottery.” The lottery process is mandatory for all H-1B petitions that are “cap-subject,” meaning that they do not qualify for any of the limited exemptions to the lottery.[1] USCIS received 199,000... Read More