Basswood Counsel is a boutique law firm providing hands-on, strategic corporate, mergers and acquisitions, tax, and transactional counsel—designed to navigate complexity with ease. Founded to prioritize meaningful client relationships over formalities, we collaborate with bold leaders across industries, tailoring our advice to support your unique goals and growth.
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Highlight
In this episode of the Under the Basswood Tree podcast, Hazvinei Mugwagwa and Jephte Lanthia reflect on a year marked by significant regulatory change across securities, fintech, and digital assets. They discuss how the U.S. has moved toward a more market-friendly, clarity-driven approach — and what that means for businesses planning ahead.
News and Insights
Understanding the Alternative Minimum Tax Exemption Under the One Big Beautiful Bill Act
The OBBBA modifies the Alternative Minimum Tax by maintaining higher exemption amounts and introducing stricter phaseout thresholds starting in 2026.
An Introduction to U.S. FATCA for Model 2 IGA Jurisdictions – Key FAQs for New Fund Managers
Fund managers entering Model 2 jurisdictions face complex FATCA obligations—from due diligence and onboarding to IRS reporting and re-certification. This
Understanding the OBBBA’s Changes to Health Coverage and ABLE Accounts
The OBBBA enhances ABLE accounts and refines rules for claiming the Premium Tax Credit, expanding savings opportunities for individuals with
Adoption Tax Credit Under the One Big Beautiful Bill Act (OBBBA): A New Era of Support for Families
The OBBBA introduces the most significant upgrade to the Adoption Tax Credit in years, making part of the credit refundable