Category Taxation Law (3)

Defer Income Tax on Capital Gains by Investing in Opportunity Zones

Overview of Investing in Opportunity Zones. To spur economic development in certain distressed communities across America designated as Qualified Opportunity Zones (“QOZ”) through private investment, Congress in the recent Tax Cuts and Jobs Act created a new investment vehicle that provides preferential income tax treatment for reinvesting... Read More

BrownWinick Law Firm Ranked in U.S. News - Best Lawyers 2019 "Best Law Firms" List

BrownWinick has been included in the U.S. News - Best Lawyers® 2019 "Best Law Firms" rankings. The ninth edition of the U.S. News & World Report and Best Lawyers released the 2019 "Best Law Firms" rankings on November 1, 2018. Firms included in the 2019 "Best Law Firms" list are recognized for professional excellent with persistently impressive... Read More

BrownWinick Attorneys Named to 2019 Best Lawyers® List

BrownWinick is pleased to announce that 27 lawyers have been included in the 2019 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. Best Lawyers has published their list for over three decades, earning the respect of the... Read More

Sales Tax Reform - What It Means To You

On June 21, 2018, the U.S. Supreme Court issued its 5-4 decision in South Dakota v. Wayfair, Inc., making physical presence no longer necessary for online retailers to be responsible for collecting and remitting sales tax on their taxable sales. In reviewing the constitutionality of law recently enacted by the South Dakota legislature, the opinion... Read More

Drop and Swap Exchanges

The “Drop and Swap” exchange is a useful tool for a partnership that desires to sell investment property and when some of the partners want to cash out, but others want to reinvest. The most common purpose for these transactions is to add or remove a co-owner of investment property. However, there are some obstacles that the taxpayer must overcome... Read More

What to Consider Doing in 2017 if Federal Income Tax Reform Becomes Law

As you likely have heard, the United States is on the cusp of enacting landmark tax reform. These changes encompass the most notable overhaul of the tax code in over 30 years (known as the “Tax Cuts and Jobs Act”). Late last night, the Senate passed the reconciled tax bill that came out of Conference Committee, and the House did the same earlier... Read More

BrownWinick Law Firm Ranked in U.S. News - Best Lawyers® 2018 "Best Law Firms" List

BrownWinick has been included in the U.S. News - Best Lawyers® 2018 "Best Law Firms" rankings. The eighth edition of the U.S. News & World Report and Best Lawyers released the 2018 "Best Law Firms" rankings on November 1, 2017. Firms included in the 2018 "Best Law Firms" list are recognized for professional excellent with persistently impressive... Read More

"Advocacy Considerations" of "Nonprofit Advocacy"

Clients looking to form a non-profit, tax-exempt advocacy organization often have a lot of questions about what is the best and most appropriate type of organization. The answer depends on what the client wants to achieve and how the organization will conduct its activities. The starting point is often with questions about what is the purpose of... Read More