Weaver: Beyond the Numbers

In the latest episode of the Weaver On-Chain podcast, host Tim Savage, Partner leading Weaver’s Blockchain & Digital Assets practice at Weaver, invited Gavin Fearey, of counsel at Winstead, to discuss the intricate world of digital asset policy and regulatory updates, including: Detailed discussion on BlackRock's new spot ETF applications , exploring its potential impact on the investment land...

Shehan Chandrasekera, Head of Tax Strategy at CoinTracker, is a subject matter expert in cryptocurrency taxation. Like many who first experience crypto, Chandrasekera saw the potential of cryptoassets, but realized transacting and investing in these assets presented an enormous administrative burden. With few professionals and CPAs skilled in the industry, Shehan set out to build a solution. “Coin...

This episode of 'Beyond the Numbers' offers a glimpse into the world of venture capital through the eyes of Alexander Harstrick, founder and managing partner of J2 Ventures. Harstrick shares invaluable perspective on the interplay between government and venture capital, weighs in on current market conditions and offers his blueprint to success for emerging managers. Key Points • J2 Ventures co-fou...

Digital transformation drives a shift in financial operations globally, which makes understanding the mechanisms of bank fraud becoming increasingly more critical. From grand schemes that can potentially topple large banks to smaller-scale cons, fraudulent activities continue to plague the financial sector. Vigilance, robust anti-fraud systems, and a comprehensive understanding of red flags are th...

In the latest episode of Location Cubed, Howard Altshuler, Partner-in-Charge of Real Estate and Construction Services, and Aaron Grisz, Real Estate Tax Leader, offer a comprehensive discussion. Key Points: • Understanding rate caps • The implications of expiring rate caps • The lender's perspective • Tax implications Many investors are navigating uncharted waters as the real estate market grapples...

As the country continues to grapple with things like unstable geopolitical issues, record-high inflation and rising interest rates, the real estate landscape is undergoing seismic shifts. Investors and professionals are vying for insights to predict market movements and drive sustainable investment strategies. Experts, like those at JP Morgan, note that a mild to moderate recession is underway, an...

Hosts Howard Altshuler, Partner-in-Charge of Real Estate and Construction Services, and Aaron Grisz, Tax Services Partner Real Estate Tax Leader, welcomed guest Meredith McKeehan, an Assurance Partner in Weaver’s Midland location. Their discussion delves into the ebbs and flows of the Midland real estate and construction market and highlights interesting construction projects in Midland, Texas. Mc...

As the real estate sector continues to rapidly evolve, industry insiders are seeking valuable insights and guidance. One person providing such insights is Elizabeth Trochez, a seasoned professional in public accounting with a special focus on real estate audits. Recently, Elizabeth's participation in the Urban Land Institute Center for Leadership Program offers her fresh perspective on the industr...

With the increased focus on environmental, social, and governance (ESG) matters, industries across the board are discussing these topics. This heightened interest comes as the Securities and Exchange Commission (SEC) considers rules that could mean new types of reporting for businesses that have not traditionally been subject to this kind of requirement. Meanwhile, many still grapple with understa...

With the increased focus on environmental, social, and governance (ESG) matters, industries across the board are discussing these topics. This heightened interest comes as the Securities and Exchange Commission (SEC) considers rules that could mean new types of reporting for businesses that have not traditionally been subject to this kind of requirement. Meanwhile, many still grapple with understa...

The R&D credit allows businesses to claim a tax credit for qualifying research and development expenses, including wages, supplies, and contract research costs. It was created to incentivize businesses to invest in innovation and technological advancement in the United States, and it can provide a significant cash infusion for future development. The R&D tax credit was introduced in 1981 a...

In 2018, a Supreme Court ruling in the case of South Dakota v. Wayfair opened the door for states to implement a sales tax on remote sellers based on the sales amount even if the seller is not physically present in the state. Many companies with multistate sales are only now learning about their tax obligations under new state laws that have been enacted since the Supreme Court ruling. To avoid pe...

An employee stock ownership plan is a form of employee benefits that rewards workers by giving them a share in the company in the form of a stock. ESOPs, as they are dubbed, have steadily increased in popularity since their inception in the 1970s. So, what exactly is an ESOP, how do you know if it’s right for your company, and what should you know before adopting one? In the newest episode of Weav...

The saturation of data in various areas of life and functionality has led to an interest in exploring different types of data management. Government agencies, along with their goal to be more transparent, have further put a demand on the handling of all of this data. As a result, incorporating newer and improved technology is a highly desirable track that takes center stage in this conversation. I...

The trend of converting commercial buildings, including offices, into residential buildings has been around for some time. However, with the increase in remote work, many home offices are replacing commercial office spaces as places to work. About 998 million square feet of office real estate across the United States is available but in search of tenants. In some cases, innovators are transforming...

Since the pandemic, downtown Fort Worth, Texas, has entered a new era of development activity. Smack dab in the middle of all this action is Weaver’s Fort Worth office, located on West 7th Street. Weaver recently renovated their office, which included knocking down walls, increasing natural light and adding more open space to create a better work environment. Aside from the improvements to the off...

The Provider Relief Fund (PRF) created a necessary cash infusion for healthcare providers during the pandemic. The pandemic required unprecedented government action to the tune of more than $19 billion distributed through the program. Now that the storm of Covid is behind us, the true story of PRF is around its success compared to mandated compliance requirements. Key Points: • The after effects o...

For businesses, tax season can be especially stressful, given the weight of information to prepare and consider, along with various changes coming from the IRS. The Tax Cuts and Jobs Act of 2017 amended Code Section 174, whereby requiring companies to capitalize and amortize costs for their R&D expenses starting in the 2022 tax year. Prior to this amendment, companies were able to fully deduct...

The debate surrounding whether workers should return to the office, convert to hybrid, or stay fully remote is an ongoing one. Many polls conclude that most employees would prefer to work from home, according to Gallup. But in that same regard, it is changing the scope and future of how employers will hire in the future. How will employers adapt in their future hiring with the demand of remote wor...

The U.S. is starting to see a shift in its population numbers, with some states seeing drops as the population in other states increases. Texas is among several states that has seen a rise in population growth. This is creating some concerns at the state and other levels. How has population growth impacted the economy of Texas? In this episode of Location Cubed, hosts Howard Altshuler, Partner-in-...

There are labor shortages in a variety of industries—especially manufacturing. The National Association of Manufacturers predicts there may be a gap of 2.1 million workers amounting to one trillion dollars by 2030. Clearly, something is stirring in the manufacturing industry economy. But what is the forecast for the immediate future? On today’s episode of Location3, a Weaver: Beyond the Numbers po...

Direct pay permits, which allow taxpayers to pay sales tax directly to the state rather than sellers, are becoming more common. Many businesses see direct pay as an essential element to the management of their state and local tax obligations, however there are still many questions. How do direct pay permits work and how are they best utilized? Key Points: 1. Direct pay allows qualified buyers to p...

Governments today are focused on the fundamentals and understand that their constituents are looking for results. Now is the time to align actions to the mission and begin looking at performance metrics that elevate the organization. The stakes couldn’t be higher with new funding opportunities available at every level of government. Local governments often hold the key to making lasting impacts in...

Our nation faces high inflation and an uncertain post Covid economic recovery. However, the government sector is flush with cash and funding for infrastructure improvements and capital programs approaches historic levels. Nearly a year ago President Biden signed the Bipartisan Infrastructure Law,” a once-in-a-generation investment in our nation’s infrastructure and competitiveness”. Millions, bill...