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Archive for the ‘ News ’ Category

Is Your Company Subject to Beneficial Ownership Information (BOI) Reporting?

Thursday, October 26th, 2023

With the advent of 2024, the reporting requirements of the Corporate Transparency Act commence.  If your company has an operating presence in the U.S. and is not exempt from reporting, and your company was formed before January 1, 2024, your… Read More

Thomas & Libowitz, P.A. is pleased to announce that the following attorneys were named for inclusion in the 2024 edition of The Best Lawyers in America.

Tuesday, August 22nd, 2023

2024 Best Lawyers in America C. Wayne Davis – Banking and Finance Law, Corporate Law, Real Estate Law Charles B. Jones – Closely Held Companies and Family Businesses Law, Trusts and Estates Scott H. Marder – Commercial Litigation Francis R…. Read More

C.J. Persson, named Shareholder at Thomas & Libowitz P.A.

Tuesday, May 9th, 2023

Thomas & Libowitz, P.A., a Maryland law firm, is pleased to announce that C.J. Persson has become a Shareholder. Persson, who is a graduate of the University of Maryland School of Law, has a diverse practice including, among other areas,… Read More

When is it time to consider a review of your fundamental estate planning documents?

Thursday, April 27th, 2023

There are key lifetime changes which can drive the need to reconsider your estate planning documents.  Changes may need to be made to beneficiary designations on your financial assets, your Last Will and Testament or Revocable trust, the manager of… Read More

Thomas & Libowitz attorneys named for inclusion in the Best Lawyers in America for 2023.

Friday, August 19th, 2022

We are pleased to announce that the following attorneys were named for inclusion in the 2023 edition of The Best Lawyers in America. 2023 Best Lawyers C. Wayne Davis – Corporate Law Charles B. Jones – Closely Held Companies and… Read More

Thomas & Libowitz attorneys named for inclusion in the Best Lawyers in America for 2022.

Friday, August 20th, 2021

We are pleased to announce that the following attorneys were named for inclusion in the 2022 edition of The Best Lawyers in America. 2022 Best Lawyers C. Wayne Davis – Corporate Law Charles B. Jones – Closely Held Comanies and… Read More

Proposed Federal Estate and Gift Tax Legislation 2021

Wednesday, April 28th, 2021

“There’s no trick to being a humorist when you have the entire government working for you.” —Will Rogers   Will Rogers may have had it right. Below is an update of the effects of the Democrat controlled House, Senate and… Read More

Maryland Sales Tax on Digital Products

Thursday, March 11th, 2021

The effects of Maryland’s 21st Century Economy Fairness Act will soon be felt by vendors and consumers of “digital products” in Maryland. This new law, effective March 14, 2021, is catching many by surprise as the bill was vetoed by… Read More

COVID-Related Paid Sick Leave Employer Tax Credit Extended to March 31, 2021

Wednesday, February 3rd, 2021

We have previously provided information on the Families First Coronavirus Relief Act (FFCRA) passed by Congress last March. While the FFCRA, effective April 1, 2020, expired by its own terms on December 31, 2020, one aspect of the act has… Read More

PPP Loans and Tax Deductibility of Expenses.

Tuesday, December 22nd, 2020

Pending congressional legislation (the Consolidated Appropriations Act, 2021) would make expenses paid with forgiven PPP loans tax deductible. Although it was always clear that forgiveness of a PPP loan would not be treated as taxable income, the IRS has taken… Read More