News and Insights

2.13.23

IRS Clarifies Federal Tax Impact of Special State Payments

Taxpayers who received disaster relief and other special payments during 2022 now have guidance from the Internal Revenue Service (“IRS”) regarding the federal income taxation of these payments. On…

1.04.23

IRS Awakens From Nearly 30-Year Slumber to Announce Objections to 1994 Tax Court Decision

On December 9, 2022, the Office of Chief Counsel of the Internal Revenue Service (“IRS”) issued a General Legal Advice Memorandum (“Memorandum”) challenging the 1994 Tax Court decision in Childs v.…

8.29.22

The Inflation Reduction Act of 2022—A Few New Taxes and a Lot of Credits!

On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (the “Act”), a legislative package intended to address taxes, prescription drug costs, climate change and…

10.03.23

What happens if cannabis moves to a lower-risk drug tier?

A recent recommendation from U.S. health officials could move marijuana from a Schedule I substance to a Schedule III substance before the end of the year. Perhaps the largest impact of this move…

1.27.23

Law360 Profiles Dykema’s Cannabis Team as a 2022 “Practice Group of the Year”

Dykema’s Cannabis Team was profiled by Law360 as part of its recognition as a “Practice Group of the Year” in Cannabis Law for 2022. In the profile, "Cannabis Group Of The Year: Dykema," Law360…

8.12.22

Crain's Detroit Business Taps Scott Kocienski for Commentary on Inflation Reduction Act

Scott Kocienski was quoted in the Crain's Detroit Business article, "Who wins, loses in Michigan with passage of tax and climate bill." 

7.12.21

Scott Kocienski Discusses Tax Policy To Watch for Remainder of 2021 in Law360

Scott Kocienski, Bloomfield Hills-based Member in Dykema’s Taxation and Estates Practice Group, was quoted in the Law360 article, “State and Local Tax Policy to Watch in the 2nd Half of 2021.”

8.11.23

46 Dykema Attorneys Named to 2023 Michigan Super Lawyers and Rising Stars Lists

Dykema, a leading national law firm, announced today that 25 of its attorneys from the firm’s Michigan offices—and from multiple practice areas—were named to the 2023 Super Lawyers list by Michigan…

1.17.23

Dykema’s Cannabis Group Named “Practice Group of the Year” by Law360

Dykema, a leading national law firm, announced that its Cannabis Industry Group was recognized as a “Practice Group of the Year” in Cannabis Law for 2022 by Law360. Dykema is one of only three firms…

8.18.22

180 Dykema Lawyers Listed in The Best Lawyers in America© 2023 and Best Lawyers “Ones to Watch”

Dykema, a leading national law firm, announced today that 180 of its attorneys, in multiple practice areas and markets, have been recognized in The Best Lawyers in America© 2023 guide and the Best…