April 7th, 2020

I Am Not Driving My Car, or Driving It Very Little, What Can My Insurance Company Do For Me?

Due to COVID-19, many of us are not driving , or driving minimally to get food or go to work as an essential employee, first responder or medical provider, many people are asking the logical…

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MSATP Webinar

April 7th, 2020

Recorded Webinar: Andrew Schwartz Presents to MSATP on CARES Act: Paycheck Protection Program

Stein Sperling business attorney Andrew Schwartz recently presented on the CARES Act: Paycheck Protection Program for the Maryland Society of Accounting and Tax Professionals.

Forbes

April 6th, 2020

Mark Schweighofer interviewed in Forbes on CARES Act

Micah Solomon Senior Contributor with Forbes.com, interviewed Tax and Business attorney Mark Schweighofer on the Paycheck Protection and Economic Injury Disaster Loan programs. In Solomon’s article, “Free Money for Small Business: Two Loans You May…

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Big Changes to Divorce: Alimony & Taxes

March 27th, 2020

Tax Provisions of the CARES Act

Individuals Creates a credit against 2020 taxes in the form of rebate for U.S. residents with social security numbers and not a dependent of another based on 2019 adjusted gross income (or 2018 if 2019…

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March 27th, 2020

Paycheck Protection Program

UPDATED: 4/3/2020: The SBA has issued interim final rules for the Paycheck Protection Program. Based on the Paycheck Protection Program Fact Sheet for Borrowers issued by the SBA on 3/31/2020, some of the information in this 3/27/2020 article…

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COVID employees

March 26th, 2020

What Do You Do If Your Employee Tests Positive for Coronavirus or Has Symptoms of the Coronavirus

As an employer, we all want all of our employees, clients and those with whom we do business to be safe. A way to stay safe and healthy is to continue to follow the Centers…

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1040 form

March 26th, 2020

IRS Provides Further Relief to Delinquent Taxpayers During COVID-19 Crisis – People First Initiative

Effective March 25, 2020, the IRS instituted a host of sweeping changes aimed at reducing taxpayers’ compliance burden during the COVID-19 outbreak.  Such changes fall into two broad categories: changes to existing agreements with the…

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Unprepared word written with marker crossing out UN

March 25th, 2020

The Importance of Estate Planning During Uncertain Times

The COVID-19 pandemic drives home how uncertain life can be, creating a pervading tone of anxiety, worry and stress among the very fabric of our culture. This uncertainty has become almost chronic, and our focus…

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The Doctrine of Impossibility

March 25th, 2020

The Doctrine of Impossibility/Frustration of Purpose

While a force majeure clause in a contract likely does not excuse the obligation to pay rent or other monetary obligations under a contract, parties to contracts are currently looking for other possible defenses to…

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Tax Payments

March 25th, 2020

Maryland Comptroller and IRS Provide Tax Collection Relief in Response to COVID-19

Effective March 12th, 2020, the Maryland Comptroller halted certain tax collection efforts in response to the developing Corona virus outbreak. Specifically, the Comptroller will cease sending out lien warning notices, issuing liens, attaching bank accounts,…

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