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Archive for the ‘ Blog ’ Category

Baltimore City now accepting Grant Applications for Restaurants to cover COVID related expenses.

Saturday, November 14th, 2020

Beginning November 12th, 2020 Baltimore City is accepting applications for grant funds to Restaurants to cover COVID-related expenses. The maximum grant amount available is $50,000 and the program itself will award up to $6,500,000 in total funds. Grants are awarded… Read More

Paycheck Protection Program Forgiveness Reminder

Monday, September 28th, 2020

Just a reminder, the 24-week period to apply for forgiveness is beginning to expire for early recipients of PPP funding. Be sure to review your forgiveness application deadline (count the weeks that have passed since your PPP funding) and contact… Read More

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

Wednesday, 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?

Thursday, 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.

Monday, 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

Sunday, 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

Saturday, 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

Thursday, 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

Monday, 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?

Monday, 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