Thomas&Libowitz a professional association

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Thomas & Libowitz attorneys named for inclusion in the Best Lawyers in America for 2021.

August 26th, 2020

Five Thomas & Libowitz attorneys were named for inclusion in the 2021 Edition of The Best Lawyers in America. C. Wayne Davis for Corporate Law Steven A. Thomas for Commercial Litigation and Corporate Law Charles B. Jones for Trusts and… Read More

What will happen with the federal estate tax in a season of uncertain political events?

August 20th, 2020

There is no doubt we live in strange times.  As tax and business advisors, we are all asking what is the likelihood of the Senate of the White House going Democratic?  And if there is a wholesale turnover, what happens… Read More

IRS releases its dirty dozen scam list for 2020.

July 27th, 2020

The IRS has released its annual “dirty dozen” list of scams for which taxpayers should keep an eye out. https://www.irs.gov/newsroom/https://www.irs.gov/newsroom/dirty-dozendirty-dozen

PPP Loans and the Treasury Zinger

May 3rd, 2020

“Taxes are the life blood of the government.” Well that is true and here is an example. On April 30, 2020 the IRS issued Notice 2020-32 (“Notice”) https://www.irs.gov/pub/irs-drop/n-20-32.pdf . The Notice states that although forgiveness of a PPP loan is… Read More

Keeping apprised of the Tax Aspects of the Coronavirus Aid, Relief, and Economic Security Act

May 2nd, 2020

In an effort to keep our clients apprised about the tax aspects of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), Thomas & Libowitz, P.A. offers free consultations and the below outline of three major tax aspects of… Read More

COVID-19 Considerations in Maryland Commercial Leasing

April 30th, 2020

By: John R. Wise Companies everywhere are presented with economic pressures by the COVID-19 pandemic.  The Maryland commercial leasing community is working on two fronts to confront these challenges:  lease restructurings and insurance claims.  Many landlords and tenants have already… Read More

Remote Witness Order

April 13th, 2020

On Friday, April 10th, 2020, Governor Hogan signed an Emergency Order to permit the remote witnessing of Wills, Powers of Attorney, and Advanced Directives. This Order allows for estate planning documents to be witnessed without requiring the witness to be… Read More

Who Gets What When There Isn’t a Will?

April 6th, 2020

Maryland has always had laws in place to dictate what happens to someone’s estate when they die without a Last Will and Testament. In the last year one of those laws has changed slightly, specifically Senate Bill 317 was enacted… Read More

The Coronavirus Aid, Relief, and Economic Security (CARES) Act

April 4th, 2020

On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. It’s an approximate $2 trillion aid package and sets aside $350 Billion for Paycheck Protection Loans and $10 Billion for Economic Injury Disaster Loans for… Read More

The Families First Coronavirus Response Act: What You Need to Know as an Employer

April 1st, 2020

About 3 weeks ago, we shared some guidance concerning how you, as an employer, can help protect against the spread of the novel coronavirus. Since then, much has transpired and while that guidance remains relevant, there are certain developments of… Read More