Stuart M. Schabes
- Court of Appeals of Maryland
- Supreme Court of Ohio
- United States Tax Court
- Georgetown University Law Center (LL.M., 1986)
- Hofstra University School of Law (J.D., 1984)
- Notes and Comment Editor, Hofstra Law Review
- Duquesne University (B.S., magna cum laude, 1981)
Stuart M. Schabes
Stuart M. Schabes, an experienced tax and corporate attorney, co-chairs Ober|Kaler's Tax Group and Business Group. His vision and deep understanding of how clients can benefit from cutting-edge tax planning and structures for domestic and in-bound transactional matters is opening new doors for Ober|Kaler’s clients seeking innovative tax counsel and new business opportunities.
Stuart represents clients in complex business matters. His many successes include negotiation of countless mergers, acquisitions, management buyouts, and sales to – and from – private equity and other joint venture-related entities.
Experienced in virtually all aspects of tax litigation at both the federal and state level, Stuart has taken the lead in many tax controversy cases involving the IRS and various state taxing authorities. These include IRS examinations and appellate matters involving income tax, excise tax and employment tax, as well as worker classification issues. His clients operate in widely diverse industries, including aviation, credit card, trucking and transportation, logistics, health care, real estate, hospitality, entertainment and the not-for–profit/exempt sectors.
Stuart’s successful track record of resolving disputes at all levels of the IRS includes participating in the IRS’ newly expanded litigation alternative known as the IRS fast-track mediation process. With many years of experience dealing with the IRS Collection Division on an national level, he is known for his determination in negotiating and resolving IRS tax assessments for both domestic and international based corporations, including Fortune 100 entities, limited liability companies, trusts and estates, entrepreneurs, sole proprietors and individuals. Once a tax liability is imposed, Stuart helps clients navigate numerous payment and priority issues. Such issues include the erroneous issuance of IRS tax liens and levies, and their subsequent release and withdrawal.
Recent economic conditions are prompting many clients to seek Stuart’s counsel to handle tax workout situations involving large tax liabilities and abatement of various penalty and interest-related matters. He represents corporate and business directors, officers and employees who are confronting Trust Fund Recovery Penalty matters and similar issues at the state and local level. He provides legal counsel to both domestic and non-U.S.-based clients on participation in various voluntary compliance and amnesty-based programs, including the FBAR filing rules.
Stuart continues to serve as special tax counsel to several global companies, assisting them with numerous IRS and other regulatory and compliance-related issues, including those uniquely applicable under the federal excise tax provisions. He helps secure significant tax refunds for business clients and is often involved in groundbreaking federal excise tax matters such as those affecting various airlines and charter companies.
In addition to his involvement in various legal and aviation industry associations, Stuart is active in an array of charitable and community activities. He currently serves as a board member of THE ASSOCIATED: Jewish Community Federation of Baltimore.
- American Bar Association
- Maryland State Bar Association
- National Air Transportation Association
- National Business Aircraft Association
- Listed in The Best Lawyers in America, Business Organizations (including LLCs and partnerships) and Tax Law Categories (Woodward/White, Inc.), 2012-2017
- Listed in Smart CEO's Legal Elite, 2010
- Listed in Maryland Super Lawyers, Business/Corporate, 2007-2012
- Partner, Galland, Kharasch, Greenberg, Fellman & Swirsky, P.C.
- Partner, Blum, Yumkas, Mailman, Gutman & Denick, P.A.
- Attorney, Frank, Bernstein, Conaway & Goldman
- Attorney, Advisor to Judge Herbert L. Chabot of the United States Tax Court
- Stuart frequently speaks on federal and state tax planning and tax controversy related matters
- Presenter, "The Cost Of Non-Compliance: DOL's Final Overtime Rule and Your Bottom Line," Maryland Construction Network, 2016
- Presenter, "6th Annual International Tax Seminar: Tax Compliance in a Transparent Environment," Ober|Kaler CPE Program for Israeli Accountants, 2016
- Presenter, "Major Changes to Taxation of Award Miles," Hotel Tax Executive Committee (HOTEC) Conference, 2016
- Presenter, "2015, It’s Been a Blast," Interview with Philip L. Stein and Associates, 2015
- Presenter, "New Horizon of Tax Compliance in Light of FATCA, OECD and BEPS - What Does it Mean for Israelis?" Institute of Certified Public Accountants in Israel, 2015
- Presenter, "5th Annual International Tax Seminar: Hot IRS Topics for 2015," Ober|Kaler CPE Program for Israeli Accountants, 2015
- Presenter, "IRS & Identity Theft," 46th Annual Chesapeake Tax Conference, Maryland Association of CPAs, 2015
- Presenter, “How to Solve the U.S. Tax Compliance Problem?,” Philip L. Stein and Associates, Israeli CPA Association, 2014
- Presenter, "How to Correct the Problem: OVDP Streamline or Other Alternative?" The Perfect Tax Storm II, Philip L. Stein and Associates, 2014
- Presenter, "Offers in Compromise/Deficiencies, Penalties & Negotiations," 45th Annual Chesapeake Tax Conference, Maryland Association of CPAs, 2014
- Presenter, “4th Annual International Tax Seminar: Important and Timely IRS and International Tax Issues Faced by US Citizens, Greencard Holders, Business Owners and Entrepreneurs Living Abroad and/or Doing Business in the US,” Ober|Kaler CPE Program for Israeli Accountants, 2014
- Presenter, “Israel/US Tax Seminar on Recent IRS Rulings,” CPE Program for Israeli Accountants, 2014
- Presenter, “Tax Questions Every Israeli Living/Doing Business in the US Needs to Ask and Get Answered,” Philip L. Stein and Associates, Israeli CPA Association, 2013
- Presenter, "OVDI- Breaking News," Interview with Philip L. Stein and Associates, 2013
- Presenter, "3rd Annual International Tax Seminar: Hot IRS Topics Affecting US Citizens/Green Card Holders Living in Israel and Abroad," Ober|Kaler CPE Program for Israeli Accountants, 2013
- Presenter, “FATCA – 2013 and Beyond,” The Perfect Storm: US Tax Legislation and IRS Compliance 2013, Philip Stein & Associates and ERM, 2012
- Presenter, “Increased IRS Tax Compliance Involving U.S. Citizens/Green Card Holders in Israel,” Philip L. Stein and Associates, Israeli CPA Association, 2012
- Presenter, "Why is it my Business? New Laws and Tax Return Regulations Relevant to Bank Accounts Outside the US," Israeli CPA Association, 2012
- Presenter, "2nd Annual International Tax Seminar: Very Important IRS Topics for Israeli CPAs," Ober|Kaler CPE Program for Israeli Accountants, 2012
- Participant, "All About FBAR," Interview with Philip Stein & Associates, 2011
- Presenter, "OVDI - A Term You Should Know More About," Interview with Philip L. Stein and Associates, 2011
- Presenter, "1st Annual International Tax Seminar: How to Deal with Increased IRS Audits and Compliance Issues in Israel,"Ober|Kaler CPE Program for Israeli Accountants, 2011
- Presenter, "The New IRS in 2010 and Beyond - Is 'New' Better?" 41st Annual Chesapeake Tax Conference, Maryland Association of CPAs, 2010