Thomas J. Nichols


Shareholder

tjn@mtfn.com

111 East Kilbourn Avenue, 19th Floor
Milwaukee, WI 53202

Thomas J. Nichols Best Lawyers 2020
Thomas J. Nichols SuperLawyers
Martindale-Hubbell Peer Rated

Over the course of his 30-plus year career, Thomas J. Nichols has represented thousands of clients and organized hundreds of business entities.  Tom has extensive work experience at the state and federal levels.  He is well versed in both business entity law (e.g. corporations, partnerships, LLCs) and tax law (e.g. income tax, self-employment tax, estate tax) as well as other tax considerations involved in structuring of business ventures.

Tom is uniquely qualified to advise businesses on choice of entity issues including the nuances of the various corporate structures available under Wisconsin law and cutting edge tax income planning.  Tom has been and is still active in updating Wisconsin’s business entity statutes and in tax reform at the Federal level.

Honors


  • The Best Lawyers in America® (1997 – 2020)
  • Wisconsin Super Lawyers® (2009 – 2019)
  • Elijah Watts Sells Award Winner
  • American Institute of Certified Public Accountants
  • Martindale Hubbell AV® Preeminent™ Peer Review Rated

Professional Organizations


  • American Bar Association
    Section of Taxation: Committee on S Corporations (1986 – Present), Chair (2008-2010)
  • State Bar of Wisconsin
    Business Law Section, Director (2002 – 2009, 2011- Present); Partnerships Committee, Chairman (2011 – Present); Legislative Committee (1997 – 2002); Business Law Committee (1995 – 1996)
  • Milwaukee Bar Association
  • American Institute of Certified Public Accountants
  • Wisconsin Institute of Certified Public Accountants
  • Wisconsin Taxation Committee (1983 to Present), Chairman (1989 – 1991)
  • American Health Lawyers Association
  • The Group, Inc
  • S Corporation Association, Chairman, Board of Advisors
  • Journal of Passthrough Taxation (CCH), Board of Directors

Speeches & Publications


  • Tom Nichols is a prolific speaker and writer, giving speeches and writing on the following topics:  Service Corporations, Health Care Law, Tax Requirements, Cross-Species Mergers and Conversions, S Corporations and Buy-Sell Agreements.
  • Testimony, Tax Extenders and Small Businesses as Employers of Choice, U.S. House of Representatives Committee on Small Business (December, 2015)
  • Panelist, Pass-through Business and Comprehensive Tax Reform: Designing Tax Reform to Grow All U.S. Business, Capitol Hill Panel Discussion (March, 2015)
  • Co-Author, Tax Reform Should Go Right Down Main Street, Wall Street Journal (January 2015)

Marquette University Law School, J.D., 1979, Student Articles Editor, Marquette Law Review, 1978-79
Marquette University, B.A., 1976
Certified Public Accountant, 1983

Articles & Videos


The COVID-19 Crisis and Wisconsin’s Business Closing and Mass Layoff Law

Unfortunately, some Wisconsin businesses will not make it through the ongoing COVID-19 Crisis unscathed, and employers laying off significant numbers...
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Shareholder Tom Nichols Gives Paycheck Protection Program Presentation in S Corporation Association Webinar

On March 30, Shareholder Tom Nichols gave a presentation on the Paycheck Protection Program as part of a webinar put...
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Understanding the Key Provisions made in the New Sick Pay Legislation

In light of the disruption caused by the Coronavirus pandemic, lawmakers passed legislation containing provisions pertaining to paid leave and corresponding...
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Paycheck Protection Program – § 7(a)(36) of the Small Business Act (15 U.S.C. 636(a))

The “Coronavirus Aid, Relief, and Economic Security Act” (“CARES Act”) establishes a new loan under section 7(a) of the Small...
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Attorney Tom Nichols Instrumental in New Legislation Lowering Wisconsin Pass-Through Business Taxes

For a Memorandum detailing the substantive authorities behind Wisconsin Act 368, Wisconsin's Pass-Through Entity (S Corporations, LLCs, Partnerships) SALT Parity...
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Shareholders Thomas Nichols, Randal Brotherhood and Adam Tutaj testified before the Wisconsin State Assembly’s Judiciary Committee in support of Assembly Bill 854

On Thursday, February 6, 2020, shareholders Tom Nichols, Randy Brotherhood and Adam Tutaj testified before the Wisconsin State Assembly’s Judiciary...
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Wisconsin Pass-Through Entity Tax-Saving Opportunity Now Available to Partnerships

Thomas J. Nichols, CPA, JD, and James W. DeCleene, JD 2017 Wisconsin Act 368, a bill sponsored and championed by...
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Nine Meissner Tierney Attorneys Selected as 2019 Wisconsin Super Lawyers

Meissner Tierney is proud to announce that seven of its active shareholders, including Joseph Tierney III, Thomas Nichols, Randal Brotherhood,...
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Nine Shareholders Voted to The 2020 Best Lawyers in America© List

Meissner Tierney is extremely honored to announce that all nine of our active shareholders were once again selected by their...
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Wisconsin Pass-Through Entity Tax-Saving Opportunity

Included among the bills just passed by the Wisconsin legislature was new 2017 Wisconsin Act 368, https://docs.legis.wisconsin.gov/2017/related/acts/368. This Act contains provisions,...
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Nine Meissner Tierney Attorneys Recognized by Wisconsin Super Lawyers for 2018

Meissner Tierney is proud to announce that seven shareholders, including Joseph Tierney III, Thomas Nichols*, Randal Brotherhood, Michael Cohen**, William...
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Eight Meissner Tierney Shareholders Voted to the 2019 Best Lawyers in America© List

Meissner Tierney is extremely honored to announce that eight of our senior shareholders were once again selected by their peers...
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Fool’s Gold, Code Sec. 1202 Stock and the Alchemy of the Tax Cuts and Jobs Act

Choice of Entity Corner Journal of Passthrough Entities (July-August 2018) You may have read an article that one of us...
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Attorney Tom Nichols Quoted in Tax Notes Today Article “Decisions to Revoke S Corp Elections Not Just About the Rates”

Attorney Tom Nichols was recently quoted in a Tax Notes Today article titled “Decisions to Revoke S Corp Elections Not Just About...
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Attorney Tom Nichols Quoted in The Wall Street Journal Article “Pass-Through Businesses Are Rethinking Their Status in Wake of Tax Law”

Attorney Tom Nichols was recently quoted in The Wall Street Journal Article titled “Pass-Through Businesses Are Rethinking Their Status in...
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Attorney Tom Nichols Authors Letter to Senator Ron Johnson on the Tax Cuts and Jobs Act (TCJA)

“As you may know, the Senate Finance Committee just released a description of its version of the Tax Cuts and...
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Ten Meissner Tierney Attorneys Recognized by Wisconsin Super Lawyers for 2017

Meissner Tierney is proud to announce that seven shareholders, including Joseph Tierney III, Thomas Nichols, Randal Brotherhood, Michael Cohen*, William...
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Attorney Tom Nichols Authors Letter to Congress on the Tax Cuts and Jobs Act (TCJA)

“As you may know, the House Ways and Means Committee just released the text for its new Tax Reform proposal,...
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Eight Meissner Tierney Shareholders Voted to the 2018 Best Lawyers in America© List

Meissner Tierney is extremely honored to announce that eight of our senior shareholders were once again selected by their peers...
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Video: Attorney Tom Nichols Participates in Capitol Hill Panel Discussion “Talking Tax Reform: The Tax Code as a Barrier to Entrepreneurship”

As mentioned in a prior post, Meissner Tierney President and Shareholder, Tom Nichols, participated in a Capitol Hill panel discussion...
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