News + ViewsThe source for news, press releases, and media mentions, about McCausland Keen + Buckman, as well as legal insights and industry briefs.

Qualified Opportunity Funds: A Tax Intelligent Investment Option

Qualified Opportunity Funds: A Tax Intelligent Investment Option

  • Business
  • Jul 31, 2018
  • By Andrew Maguire

The Tax Cuts and Jobs Act of 2017 provides powerful tax incentives, which can defer, reduce, and potentially eliminate, capital gains tax for qualifying investments. The Act aims to stimulate development in economically-challenged areas designated as Qualified Opportunity Zones. Qualified Opportunity Funds (investing entities which meet certain criteria established by the IRS and the Department of the Treasury) can enjoy beneficial tax treatment if they invest in tangible property or equity interests in companies located in Qualified Opportunity Zones.

Private Energy Supply Transactions: The Smart Thing You’re Not Doing

Private Energy Supply Transactions: The Smart Thing You’re Not Doing

  • Business
  • Jan 16, 2018
  • By Andrew Maguire

Today, electricity and natural gas are de-regulated throughout the Northeast, Mid-Atlantic and Midwest, giving property owners in these regions the opportunity to reduce energy costs by buying energy directly from private suppliers.

Supreme Court Rules Property Owners May File Action in Federal Court When Property is Taken through Eminent Domain

Supreme Court Rules Property Owners May File Action in Federal Court When Property is Taken through Eminent Domain

  • Real Estate
  • Jul 17, 2019
  • By Andrew Maguire

The United States Supreme Court has granted property owners direct access to the federal courts for the resolution of eminent domain proceedings. The Court’s recent Knick v. Township of Scott decision overturns a 34 year old precedent which had required plaintiffs in takings cases to first seek just compensation in state court before bringing a federal action.

1031 Exchange Note Transactions: an Option for Real Estate Owners to Consider

1031 Exchange Note Transactions: an Option for Real Estate Owners to Consider

  • Real Estate
  • Sep 29, 2020
  • By Andrew Maguire

Under the 1031 Exchange rules, sellers of U.S. real estate are able to defer some or all of the capital gains tax on sales proceeds which are re-invested in replacement properties identified and purchased within particular timeframes after the date of the sale. But what if some of the seller’s members prefer to pocket their share of the sales proceeds (and pay the resulting capital gains tax) rather than re-investing those funds in a replacement property? One approach is to implement a like-kind exchange with a note structure. Click above to learn more.

DEFEASANCE?  HOLD MY BEER.

DEFEASANCE?  HOLD MY BEER.

  • Oct 6, 2021
  • By Andrew Maguire

Explaining the process, sequencing and business considerations of defeasance to anyone new to the world of securitized debt is an interesting experience.  Why?  Because nothing about defeasance is intuitive.  Very smart people can have a hard time absorbing the mechanics of defeasing debt and the interplay among the cast of involved parties.  This is my attempt to demystify defeasance. Click above to learn more.

Justice for the Hungry - Philabundance

Justice for the Hungry - Philabundance

  • News
  • Jan 25, 2022
  • By Andrew Maguire

McCAUSLAND Keen + Buckman is one of the five founding law firms in the legal community who are part of the initiative to pledge money towards “Justice for the Hungry”, a fundraising challenge to Pennsylvania-based lawyers and law firms to combat food insecurity across Pennsylvania and beyond. Click above to learn more.

Neighbor Helping Neighbor

Neighbor Helping Neighbor

  • News
  • Feb 22, 2022
  • By Jean Hanna Bickhart
  • By Andrew Maguire

To show love to our neighbors this valentine's season, McCausland Keen + Buckman joined Surrey Services and created candy bags and Valentine's Day cards to be sent to homebound seniors.  Click above to learn more.

Qualified Opportunity Funds: A Tax Intelligent Investment Option

Qualified Opportunity Funds: A Tax Intelligent Investment Option

  • Business
  • Jul 31, 2018
  • By Andrew Maguire

The Tax Cuts and Jobs Act of 2017 provides powerful tax incentives, which can defer, reduce, and potentially eliminate, capital gains tax for qualifying investments. The Act aims to stimulate development in economically-challenged areas designated as Qualified Opportunity Zones. Qualified Opportunity Funds (investing entities which meet certain criteria established by the IRS and the Department of the Treasury) can enjoy beneficial tax treatment if they invest in tangible property or equity interests in companies located in Qualified Opportunity Zones.

Private Energy Supply Transactions: The Smart Thing You’re Not Doing

Private Energy Supply Transactions: The Smart Thing You’re Not Doing

  • Business
  • Jan 16, 2018
  • By Andrew Maguire

Today, electricity and natural gas are de-regulated throughout the Northeast, Mid-Atlantic and Midwest, giving property owners in these regions the opportunity to reduce energy costs by buying energy directly from private suppliers.

Supreme Court Rules Property Owners May File Action in Federal Court When Property is Taken through Eminent Domain

Supreme Court Rules Property Owners May File Action in Federal Court When Property is Taken through Eminent Domain

  • Real Estate
  • Jul 17, 2019
  • By Andrew Maguire

The United States Supreme Court has granted property owners direct access to the federal courts for the resolution of eminent domain proceedings. The Court’s recent Knick v. Township of Scott decision overturns a 34 year old precedent which had required plaintiffs in takings cases to first seek just compensation in state court before bringing a federal action.

1031 Exchange Note Transactions: an Option for Real Estate Owners to Consider

1031 Exchange Note Transactions: an Option for Real Estate Owners to Consider

  • Real Estate
  • Sep 29, 2020
  • By Andrew Maguire

Under the 1031 Exchange rules, sellers of U.S. real estate are able to defer some or all of the capital gains tax on sales proceeds which are re-invested in replacement properties identified and purchased within particular timeframes after the date of the sale. But what if some of the seller’s members prefer to pocket their share of the sales proceeds (and pay the resulting capital gains tax) rather than re-investing those funds in a replacement property? One approach is to implement a like-kind exchange with a note structure. Click above to learn more.

DEFEASANCE?  HOLD MY BEER.

DEFEASANCE?  HOLD MY BEER.

  • Oct 6, 2021
  • By Andrew Maguire

Explaining the process, sequencing and business considerations of defeasance to anyone new to the world of securitized debt is an interesting experience.  Why?  Because nothing about defeasance is intuitive.  Very smart people can have a hard time absorbing the mechanics of defeasing debt and the interplay among the cast of involved parties.  This is my attempt to demystify defeasance. Click above to learn more.