Kendall A. Schnurpel

Of Counsel
Office: Indianapolis
kschnurpel@kdlegal.com
p: 317-238-6234
f: 317-636-1507

Kendall Schnurpel brings over twenty years of experience providing legal and tax advice to individuals, corporations and pass-through entities across the country. He concentrates his practice on assisting the firm's business and healthcare clients with tax law interpretation and planning at the federal, state and local levels. Mr. Schnurpel also has experience with the federal tax aspects of tax-exempt finance and tax-credits, including qualified 501(c)(3) bonds for health care, educational and cultural institutions, governmental bonds, private activity bonds, New Markets Tax Credits and Low Income Housing Tax Credits.

In addition to holding his law degree, Mr. Schnurpel is a Certified Public Accountant. Prior to joining Krieg DeVault, he worked in the Indianapolis and New York offices of two "Big Four" accounting firms.

Experience

Representative Experience

Provided general corporate, contract and tax services for business and individual clients
Represented clients on matters of individual tax and estate planning
Participated on due diligence teams responsible for reviewing tax issues in connection with various mergers and acquisitions
Drafted and negotiated various business contracts, employment agreements and organizational documents for for-profit and non-profit entities
Counseled clients with respect to obtaining and maintaining tax-exempt status, unrelated trade or business income tax issues and the private business use of tax-exempt bond proceeds
Served as Bond Counsel, Underwriter's Counsel, Issuer's Counsel and Borrower's Counsel in various tax- exempt bond financings
Counseled tax-exempt healthcare clients regarding tax aspects of The Affordable Care Act
Represented clients before the IRS and state Departments of Revenue in various tax controversy matters
Participated in mediation, arbitration and trial resolutions of various client disputes

Professional Associations

Member, American Bar Association
Vice Chair - Tax & Finance Practice Group, American Health Lawyers Association
Member, American Institute of Certified Public Accountants

Publications

Credentials

Education

J.D., Indiana University Robert H. McKinney School of Law, Indianapolis, Indiana, 2000
B.S. in Accounting, Indiana State University, Terre Haute, Indiana, 1994

Bar & Court Admissions

Indiana (2000)

Certifications

Certified Public Accountant

Practices & Industries

Practices

Industries

Beyond the Office

Cooking

Landscaping

Travel

Insights

Business

U.S. House of Representatives Reintroduces the MORE Act: Will 2021 be the Year Federal Cannabis Prohibition Finally Ends?

June 14, 2021

Health Care

Veterans Medical Marijuana Bills Introduced Ahead of Military Appreciation Month

May 7, 2021

Municipal

New Congressional Bills Introduced to Promote Multifamily Housing and Reinstate Advance Refunding (Affordable Housing Credit Improvement Act of 2021 and Local Infrastructure Financing Tools Act)

May 3, 2021

Secured Lender

Secure and Fair Enforcement (SAFE) Banking Act Passes U.S. House…Again

April 20, 2021

Business

Governor Holcomb Signs Legislation Modifying Indiana’s Zero Tolerance Per Se Driving Law for Marijuana or Marijuana Metabolite

April 20, 2021

Municipal

Businesses That File Indiana Sales and Withholding Taxes Must Transition Accounts to New Indiana Department of Revenue System Starting September 8, 2020

September 8, 2020

Labor and Employment

Tax-Exempt Organizations Should be Prepared to File and Pay the Section 4960 Excise Tax on Executive Compensation by July 15, 2020

June 29, 2020

Municipal

IRS Releases FAQs on Tax Treatment of Higher Education Emergency Relief Fund and Emergency Financial Aid Grants under CARES Act

May 10, 2020

Municipal

SBA Issues Additional Interim Guidance on Paycheck Protection Program Clarifying Treatment of Self-Employment and Partner Income

April 15, 2020

Thought Leadership

Partner and Firm Executive Committee Member Brian M. Heaton Elected to Serve as President of the Board of Directors of the Association for Corporate Growth Indiana

May 23, 2024

Thought Leadership

Are We in a Banking Crisis? What the Silicon Valley and Signature Banks’ Failure Tell Us About the Future of Financial Institutions (Podcast)

April 13, 2023

Litigation

13 Krieg DeVault Attorneys Recognized by 2023 Best Lawyers®; 7 Named to the 2023 Best Lawyers in America® Listing; 1 Receives “Lawyer of the Year” Designation; 6 Receive “Ones to Watch” Designation

August 18, 2022

Health Care

Private Equity Investment in Medical Practices Series: Buying or Selling a Medical Practice - STEP 1 - The Nondisclosure Agreement

March 8, 2022

Firm News and Events

Supreme Court Confirms that to Violate the TCPA your Automatic Telephone System Must Use a Random or Sequential Generator

April 7, 2021

Secured Lender

Krieg DeVault's Kay Dee Baird Elected Chair of the Indianapolis Bar Association's Commercial Law & Bankruptcy Section for 2021

January 1, 2021

Secured Lender

The Importance of Paying Attention to Notices Received in Bankruptcy Cases: Creditor Misses Proof of Claim Bar Date and Loses Claim for $2 Million

November 13, 2020

Secured Lender

CMS Takes into Consideration the “Totality of the Circumstances” in Withdrawing its Far Reaching Medicaid Fiscal Accountability Rule

September 15, 2020

Health Care

Indiana Moratorium on Residential Property Evictions and Mortgage Foreclosures Will Continue Through the End of July 2020

July 5, 2020

Financial Services

Don't Be Complacent, Be Compliant - CMS and OIG Online Sources Continue to Provide Important Compliance and COVID-19 Updates

June 4, 2020

Health Care

When It Rains, It Pours - Nursing Facilities to Face Imminent Survey Activity, Enhanced Enforcement Actions, and Staff Testing Requirements as a Result of COVID-19

June 3, 2020

Secured Lender

Indiana Supreme Court Extends Partial Protection of CARES Act Recovery Rebates

May 31, 2020

Health Care

Protect Yourself from Anti-Kickback Statute Liability When Donating PPE

May 18, 2020

Financial Services

CFPB Provides Flexibility to Financial Institutions When Dealing with Billing Errors, Payment Rules and Deposit Accounts Terms Related to the COVID-19 Pandemic

May 17, 2020

Health Care

A Message from Krieg DeVault LLP's Creditors' Rights and Bankruptcy Practice Group on Our Response to the Coronavirus COVID-19 Pandemic

March 23, 2020

Financial Services

DEA Removes In-Person Examination Requirement for Prescribing Controlled Substances Amid COVID-19 Public Health Emergency

March 18, 2020

Health Care

Seventh Circuit Confirms that the Bankruptcy Code Expressly Subordinates a Seller's Reclamation Claim to the Prior Rights of a Secured Creditor

February 19, 2020

Secured Lender

Indiana Supreme Court Rejects Imposition of “Rule of Reasonableness” on the Statutes of Limitations Applicable to a Lender's Pursuit of a Defaulted Mortgage Installment Promissory Note

February 19, 2020

Health Care

OCR Concludes Investigation of Allegations that the State of Hawaii Unlawfully Discriminated Against Pregnancy Resource Centers

April 8, 2019

Thought Leadership

Conscience and Religious Freedom Division of the Office of Civil Rights Concludes California Violated Conscience Protection Laws

January 22, 2019

Health Care

Proposed Regulations Allowing for Expanded Usage of Health Reimbursement Arrangements (HRAs) - Another Step In President Trump's Focus on Health Care Reform

November 18, 2018

Thought Leadership

Proposed Regulations Allowing for Expanded Usage of Health Reimbursement Arrangements (HRAs) - Another Step In President Trump's Focus on Health Care Reform

November 18, 2018

Thought Leadership

HHS OIG Recommends Greater Efforts by Medicaid Managed Care Organizations in Identifying and Addressing Medicaid Fraud and Abuse

August 7, 2018

Thought Leadership

Indiana DFI Enforcement Action Against Auto Dealer Underscores the Importance of Ensuring Indirect Lending Partners Understand Consumer Credit Laws

May 8, 2018

Thought Leadership

The Department of Defense Issues an "Interpretative Rule" to the Military Lending Act - Auto and Personal Property Lenders Faced With Regulatory Uncertainty

January 9, 2018

Thought Leadership

Known By the Successful Company We Keep® - Krieg DeVault Issues Annual Ad Showcasing Transactions from Many of Our Valued and Successful Clients

January 30, 2023

Real Estate

Krieg DeVault Partners John B. Baxter and Robert A. Greising Named to Chambers USA 2022 List; Firm Named to Chambers USA 2022 List for Real Estate

June 22, 2022

Business

Indiana Supreme Court Curtails Attempted Expansion of Exceptions to General Rule Regarding Successor Liability in Corporate Transactions

May 7, 2021

Litigation

Indiana Supreme Court Affirms Freedom of Contract Principles in Closely Held Company Valuation Case: Choose Your Words Carefully

February 2, 2021

Business

Further Relief for Indiana Businesses During the Time of COVID-19: Remote Meetings and Suspending Five-Year Limit on Reinstatements

May 4, 2020

Thought Leadership

Insurance Coverage for COVID-19: Six Steps to Help Your Business Maximize Insurance Coverage That May Be Available to Offset COVID-19 Losses and Claims

March 29, 2020

Thought Leadership

Corben A. Lee Joins Krieg DeVault's Business, Acquisitions, and Securities and Employee Benefits and Executive Compensation Practice Groups

January 27, 2019

Firm News and Events

Daniel Tychonievich Joins Krieg DeVault's Business, Acquisitions, and Securities Practice Group; will focus on Intellectual Property and Technology Matters

January 27, 2019

Firm News and Events

Representative Experience

Provided general corporate, contract and tax services for business and individual clients
Represented clients on matters of individual tax and estate planning
Participated on due diligence teams responsible for reviewing tax issues in connection with various mergers and acquisitions
Drafted and negotiated various business contracts, employment agreements and organizational documents for for-profit and non-profit entities
Counseled clients with respect to obtaining and maintaining tax-exempt status, unrelated trade or business income tax issues and the private business use of tax-exempt bond proceeds
Served as Bond Counsel, Underwriter's Counsel, Issuer's Counsel and Borrower's Counsel in various tax- exempt bond financings
Counseled tax-exempt healthcare clients regarding tax aspects of The Affordable Care Act
Represented clients before the IRS and state Departments of Revenue in various tax controversy matters
Participated in mediation, arbitration and trial resolutions of various client disputes

Professional Associations

Member, American Bar Association
Vice Chair - Tax & Finance Practice Group, American Health Lawyers Association
Member, American Institute of Certified Public Accountants

Publications

Co-Author, "Supreme Court Opinion in Favor of IRS Requires Review of Shareholder Buy-Sell Agreements," June 25, 2024
Co-Author, Treasury and IRS Provide Gross Receipts Safe Harbor for Employers Claiming the CARES Act Employee Retention Credit, August 12, 2021
Co-Author, Senate Appropriations Committee Votes to Expand Vet Access to Medicinal Cannabis, August 9, 2021
Author, After Months of Waiting, We Finally Have Senator Schumer’s Cannabis Bill…Sort of, July 15, 2021
Co-Author, Congress Reintroduces Marijuana Data Collection Act: Reevaluating Federal Marijuana Policy, June 28, 2021
Author, U.S. House of Representatives Reintroduces the MORE Act: Will 2021 be the Year Federal Cannabis Prohibition Finally Ends?, June 14, 2021
Co-Author, New Congressional Bills Introduced to Promote Multifamily Housing and Reinstate Advance Refunding (Affordable Housing Credit Improvement Act of 2021 and Local Infrastructure Financing Tools Act), May 3, 2021
Author, Secure and Fair Enforcement (SAFE) Banking Act Passes U.S. House…Again, April 20, 2021
Co-Author, American Rescue Plan Act Includes Money for State and Local Governments, March 31, 2021
Co-Author, Indiana House Votes to Reverse Indiana’s Ban on Smokable Hemp, February 24, 2021
Author, 2021 Hemp License Application Now Available Online, January 20, 2021
Co-Author, IRS Provides Further Temporary Relief for LIHTC Projects Due to COVID-19, January 20, 2021
Co-Author, Cannabis in Indiana: Where Do Things Stand Today?, January 19, 2021
Co-Author, "New Markets Tax Credit and Low-Income Housing Tax Credit Provisions Included in End-of-Year Coronavirus Relief Package," December 29, 2020
Co-Author, "A PPP Holiday Stocking Stuffer," December 23, 2020
Author, "House of Representatives Passes Historic MORE Act to Decriminalize Cannabis at Federal Level," December 4, 2020
Co-Author, "IRS Deflates the Hope Balloon of PPP Borrowers," November 23, 2020
Co-Author, "USDA Approves Indiana State Hemp Plan for Commercial Growth," October 27, 2020
Co-Author, "Businesses That File Indiana Sales and Withholding Taxes Must Transition Accounts to New Indiana Department of Revenue System Starting September 8, 2020," September 8, 2020
Author, "IRS Confirms Payroll Tax Deferral Not Mandatory," September 4, 2020
Author, "IRS Issues Guidance Related to President Trump's Memorandum on Social Security Tax Deferral," September 1, 2020
Co-Author, "IRS Provides Temporary Relief for LIHTC Projects Due to COVID-19," July 14, 2020
Co-Author, "Tax-Exempt Organizations Should be Prepared to File and Pay the Section 4960 Excise Tax on Executive Compensation by July 15, 2020," June 29, 2020
Co-Author, "In Response to COVID-19, IRS Extends Safe Harbors for Renewable Energy Tax Credit Projects," June 2, 2020
Author, "IRS Issues Tax-Exempt Bond Guidance in Response to COVID-19 Pandemic," May 5, 2020
Author, "IRS Provides Updated Guidance Related to Recent COVID-19 Releases," May 3, 2020
Author, "New FAQ Addresses Eligibility of §115 Hospitals for PPP Loans," May 2020
Co-Author, "SBA Issues Additional Interim Guidance on Paycheck Protection Program Clarifying Treatment of Self-Employment and Partner Income," April 15, 2020
Author, https://staging.kriegdevault.com/insights/irs-provides-relief-partnerships-file-amended-returns"
Author, "IRS Provides Relief for Partnerships to File Amended Returns," April 15, 2020
Author, "Changes to Net Operating Loss Carryback Rules May Provide Opportunities," April 15, 2020
Author, "IRS Provides Guidance on Process for Claiming COVID-19 Related Payroll Tax Credits," April 2, 2020
Author, "The CARES Act: Business and Individual Tax Provisions, Charities, and IRS Relief Measures," March 26, 2020
Co-Author, "Tax Day Postponed until July 15, 2020," March 23, 2020
Author, "Proposed Regulations on Meals and Entertainment Expenses," March 2, 2020
Author, PTO Donations and COVID-19, March 2020
Author, "Proposed Regulations on Meals and Entertainment Expenses," March 2, 2020

Education

J.D., Indiana University Robert H. McKinney School of Law, Indianapolis, Indiana, 2000
B.S. in Accounting, Indiana State University, Terre Haute, Indiana, 1994