March 31st, 2021

American Rescue Plan Act of 2021 Enacted

On March 11, 2021 President Biden signed into law a new COVID relief package which included a number of tax provisions: A $1,400 credit for individual taxpayers with an additional $1,400 for each dependent with…

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1040 form

March 26th, 2021

Tax Deadlines Extended for 2020 Tax Year

The Internal Revenue Service has extended the April 15, 2021 deadline for filing 2020 individual tax returns in light of continuing COVID-19 issues and the late start for processing returns.  Individual 1040s will now be…

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Maryland Flag Digital Tax Rate 6%

March 15th, 2021

Tax Alert: “Digital Products” Now Taxable in Maryland

As of March 14, 2021, Maryland undertakes the greatest expansion of its 6% Sales and Use Tax since its enactment by extending the tax to the sale of all “digital products.” Hoping to shore up…

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Restaurant after Covid

January 18th, 2021

Business Meals – Now 100% Deductible

Do you remember when business meals were always fully deductible? You would need to look back in time to 1986. However, with the hope of assisting the struggling restaurant industry, Congress included a provision in…

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January 12th, 2021

New COVID-19 Relief Legislation Contains Paycheck Protection Program Modifications

The Consolidated Appropriations Act, 2021, passed by Congress and signed by the President on December 27, 2020 as part of the Federal government’s continuing response to the COVID-19 pandemic, contains significant modifications to the Paycheck…

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PPP Application

January 6th, 2021

Tax Provisions of the Emergency Coronavirus Relief Legislation

As part of the Consolidated Appropriations Act 2021, the lengthiest legislation in U.S. history at more than 5500 pages, Congress enacted further tax relief to those adversely affected by the coronavirus but including additional provisions.…

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December 14th, 2020

31 Stein Sperling Attorneys Named to 2021 Maryland Super Lawyers List

Stein Sperling is proud to announce 31 of its attorneys have been selected for inclusion on the 2021 Maryland Super Lawyers list, including attorneys on the Top 10, Top 50, and Top 100 lists. A…

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IRS Building

November 6th, 2020

IRS Announces Taxpayer Relief Initiative to Help Those Struggling With Tax Debt

On November 2, 2020, the IRS announced the Taxpayer Relief Initiative to help individuals and businesses struggling with tax debt during the COVID-19 pandemic. The Initiative, announced in IRS Notice 2020-248, provides for simplified payment…

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November 6th, 2020

Stein Sperling listed in U.S. News – Best Lawyers “Best Law Firms” 2021

Stein Sperling has been ranked in the 2021 U.S. News – Best Lawyers® “Best Law Firms” list nationally in three practice areas and regionally in 11 practice areas. Firms included in the 2021 “Best Law…

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October 20th, 2020

Tax Considerations When Living or Working in Israel or Abroad

Tax attorneys Mark Schweighofer and Jeremy Vaida examine some of the most vexing tax and reporting considerations facing U.S. citizens living and working in Israel and elsewhere.