News & Insights

The Use of Artificial Intelligence in the Financial Industry
From the innovative uses of stones as tools, to using the wheel, and to exploring modern technology beyond the earth’s atmosphere, human beings have always

Aroeste v. United States – Sets Precedent Relating to the Tiebreaker Clause in United States-Mexico Tax Treaty.
In Aroeste v. United States, the U.S. District Court of the Southern District of California held Mr. Aroeste is not liable for the penalties for

Does the Complicated Acquisition Structure Always Work or Is It More Hassle for No Benefit?
The tax implications of mergers and acquisitions are complicated and to get the right result requires tax professionals who understand the nuances of the tax

Election Aftermath: Tax Implications Impacting the Bottom Line for Corporate America and Business Owners
Christopher Klug shares some insights on corporate and business tax implications in the post-election landscape during his presentation at the Global Chamber Baltimore/Washington (BWI) Advisory

Under the Basswood Tree Newsletter | Issue 1
Welcome to the first issue of ‘Under the Basswood Tree‘ —Basswood Counsel’s official newsletter!
📌What’s inside?
1. Basswood this Quarter
– Basswood Counsel official

AI and Legal Practice
The legal profession is often depicted either as an unapproachable, stiff and otherwise rigid collection of humanoids or as disheveled, rambling reciters of riddles, when

Restructuring the Family Office to Significantly Increase Assets in the Dynasty Trust
Almost all family offices have a structure that includes ownership of the family office partially through a dynasty trust for efficient estate and gift tax

Basswood Counsel Announces Firm Launch and Addition of Business and Corporate Law Practice
Basswood Counsel, formerly known as Klug Counsel, is pleased to announce its official launch. We are focused on advising clients on complex business transactions, mergers

Foreign Company Acquisition of U.S. Company and Need for Professionals in Each Relevant Jurisdiction
When there is a cross-border merger and acquisition there are additional complexities to plan for, typical acquisition planning in one country may be different than