Heidi is an associate in the firm’s Philadelphia office, where she focuses her practice on tax.
Heidi earned her LLM from Villanova Graduate Tax Program and her law degree from Villanova School of Law. While attending Villanova for law school, she served as treasurer of the Tax Law Society and was involved in the Pro Bono Society, Innocence Project, Pro Bono Legal Aid Project, and Tax Law Brochure Project. Heidi was also a legal intern to the Honorable John T. J. Kelly, Jr., a research assistant, a law clerk in Gowa Lincoln, Pa., a part of the Villanova University Federal Income Tax Clinic where she represented low-income clients in federal tax controversy cases and liaised with appeals, and she clerked for the Honorable Robert J. Shenkin. Heidi received the Federal Tax Clinic Award and Dorothy Day Award for Pro Bono Service. She earned her undergraduate degree from Syracuse University.
Prior to attending law school, Heidi was a marketing associate and assistant to the director of Random House Books.
January 22, 2020
Heidi Schwartz and Germain DeMartinis discuss possible big changes coming Pennsylvania for cannabis businesses and individuals who use cannabis products.
December 02, 2019
Less than one year after hemp production was legalized by the 2018 Farm Bill, the U.S. Department of Agriculture (USDA) released its proposed industrial hemp regulations. These eagerly anticipated regulations establish a proposed federal domestic hemp production program, as authorized by the 2018 Farm Bill.
November 12, 2019
Heidi Schwartz and Bob Careless explain how a court found that tickets are an intangible property deductible under the state’s gaming tax in a Bloomberg Tax article.
October 15, 2019
Heidi Schwartz and Joe Bright explain the U.S. Supreme Court’s ruling in N.C. Dep’t of Revenue v. Kimberley Rice Kaestner 1992 Family Trust, holding that a state cannot tax income from an out-of-state trust based solely on the beneficiaries' residence in the state.
November 29, 2018
Joseph C. Bright and Heidi R. Schwartz discuss Downs Racing, LP v. Commonwealth and the court's decision that royalty fees are intangible legal rights that do not fall within the meaning of corporeal personal property or canned software.
October 11, 2018
Heidi Schwartz and Richard Silpe discuss three cases published this past summer that provide guidance to cannabis businesses and their owners in preparing their federal income tax returns. These cases turn on the application of IRC Section 280E, which precludes taxpayers from deducting any expense relating to a business that consists of trafficking in cannabis.
June 26, 2018
Heidi Schwartz discusses the updated SBA policy prohibiting lending to marijuana and hemp-related businesses — and to businesses that work with them.
June 18, 2018
On June 7, Senators Elizabeth Warren, D-Mass., and Cory Gardner, R-Colo., introduced a bill that would permit states to pass their own marijuana laws without interference from the federal government. The bill is a bipartisan response to the steps taken by Attorney General Jeff Sessions to reverse Obama-era protections for cannabis businesses that are operating in compliance with state cannabis laws.
February 05, 2018
Cheryl A. Upham and Heidi R. Schwartz discuss new Personal Income Tax withholding obligations on certain lessees of non-residential real property and non-employer payors of Pennsylvania source compensation and business income.
January 11, 2018
Robert Lee and Heidi Schwartz discuss the possible impact of Attorney General Sessions recision of the Cole Memo on the Cannabis Industry.
December 27, 2017
Joseph Bright and Heidi Schwartz, members of Cozen O’Connor’s Tax Practice Group, discuss the Nextel Communications of the Mid-Atlantic, Inc. v. Commonwealth case in Bloomberg BNA.
October 03, 2017
Joseph Bright and Heidi Schwartz, members of Cozen O’Connor’s Tax Practice, discuss the Saturday Family L.P. v. Commonwealth case in Bloomberg BNA, in which the Commonwealth Court en banc held that Pennsylvania Realty Transfer Tax could not be imposed on a ground lease that contained an option for renewal at fair rental value that included an appraisal procedure.
August 15, 2017
Joseph Bright and Heidi Schwartz, members of Cozen O’Connor’s Tax Practice, discuss a case which found that all nuts, bolts, and washers used to install a guardrail system on a road or highway for Pennsylvania were exempt from sales tax in Bloomberg BNA.
August 02, 2017
Heidi Schwartz discusses the validity of Philadelphia’s Sugar-Sweetened Beverage Tax (SBT) and the tax being challenged in Williams v. City of Philadelphia.
May 18, 2017
Joseph Bright, a member of Cozen O’Connor’s Tax Practice Group, and Heidi Schwartz, an associate in the Tax Practice Group, discuss the Huston Properties case and the rules it applied for "purely public charity" tax exemptions.
May 11, 2017
The court overruled the trial court that the assessment must be stricken, and instead remanded the case to the lower court to apportion the receipts consistent with its opinion.
May 10, 2017
Joseph Bright and Heidi Schwartz discuss the impact of the Nextel case in Bloomberg BNA.
April 27, 2017
Richard J. Silpe and Heidi Schwartz discuss the obstacles, medical marijuana organizations are subject to limitations in deducting their business operating expenses — even if those business expenses are not otherwise illegal.