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.
Navigating Legal
Complexities With Care
Built for what's next
At Basswood, we set out to build a different kind of law firm—one that’s personal, practical, and built around lasting relationships. Get to know who we are, why we started, and how we work side-by-side with clients to move business forward.
Highlight
In this special first-anniversary episode of the Under the Basswood Tree podcast, recorded during Basswood Counsel’s First Anniversary celebration on October 28, 2025, co-founders Meg Charles and Chris Klug reflect on the firm’s founding story and the values that continue to shape its growth. From redefining what true legal partnership means to practicing law with authenticity and care, they share how Basswood was built on collaboration, trust, and purpose. The conversation also highlights how the Basswood ethos—navigating legal complexities with care—guides every client relationship and decision.
Tune in as we celebrate one year of meaningful dialogue, connection, and progress under the Basswood Tree.
News and Insights
Miscellaneous Provisions under the OBBBA
New limits on wagering loss deductions and the permanent removal of moving expense deductions under the OBBBA are reshaping key
How the OBBBA Changes Charitable Contributions and Scholarship Tax Benefits
Charitable contribution and scholarship tax rules are evolving under the OBBBA. The latest updates establish permanent deduction limits, universal deductions,
529 Plan Changes in 2025: Expanded Qualified Expenses Under the OBBBA
The One Big Beautiful Bill Act (OBBBA) significantly broadens how families can use 529 education savings plans—covering K–12, homeschooling, and
Back to School: Changes to Education Tax Credits You Should Know Heading into the New School Year
Updates to the American Opportunity and Lifetime Learning Credits under the OBBBA modernize education-related tax benefits. Increased refund limits, expanded