(240) 283-1160

ATTORNEYS AT LAW Maryland, Ohio, Washington DC

ADAM ABRAHAMS
PRINCIPAL

Adam Abrahams is a Partner in the law firm of Meyers Hurvitz Abrahams LLC, located in Rockville, Maryland, specializing in Tax Planning, Tax Litigation, Estate Planning and Probate matters. Adam helps clients meet their legal and tax planning goals and objectives in the areas of business tax planning, entity formation, business transactions, wealth preservation, protection of assets, estate planning and probate estates. He also advises clients who have been contacted by the IRS regarding an audit or dispute of a tax return or a tax assessment. Adam represents individuals and businesses in Maryland, the District of Columbia and Ohio.

Regarding Estate Planning matters, Adam advises clients on an appropriate Estate Plan and its tax implications. Adam’s tax background in researching and reviewing the tax laws serves as an asset in advising clients. In addition to providing advice regarding Estate Planning and related tax-savings strategies, Adam prepares a variety of documents for clients, including Last Wills and Testament, Revocable Living Trusts, Powers of Attorney, Advance Directives, HIPAA, Generation Skipping, Life Insurance, Charitable Remainder and other types of trusts related to tax planning, deeds and related documents. Adam is also able to advise regarding complex family issues that may concern clients during the process of preparing Estate Planning documents. In addition to estate planning, Adam provides advice to trustees administering trusts, occasionally acting as a “mediator” to resolve family disputes in trust administration matters.

Adam has over 25 years of substantive legal experience. In addition to a law degree from the Cleveland-Marshall College of Law, Adam has an Advanced Degree in Taxation from the Georgetown University Law Center. Adam is licensed in Maryland, the District of Columbia and Ohio. Additionally, Adam is admitted to practice in the Federal District Court for the Northern District of Ohio, the Federal 6th Circuit Court of Appeals, the United States Tax Court, and the United States Supreme Court (see press release).

Throughout his legal career, Adam has been invited to speak by numerous law firms and organizations and has conducted presentations on Tax Issues in Divorce proceedings, Formation of Business Entities, Estate Planning Roadmap and Trusts, Digital Estate Planning, Cannabis Law, Self-Employment Tax Issues, Buy-Sell Agreements and several other estate planning topics.

Adam has published in numerous tax-related publications including: “Irrevocable Life Insurance Trusts as an Effective Estate Tax Reduction Technique” in The Practical Tax Lawyer (Summer 2013) and ABA Section of Taxation News Quarterly (Summer 2013); “Employment Cases and Planning Implications” in the ABA Tax Times (November, 2017); “Medical Cannabis Business Operations: How can business owners navigate the Tax and Banking Law Minefields” in Bloomberg Tax (Tax Management Memorandum – February 4, 2019) (Reprinted in Maryland State Bar Association Tax Talk in 3 parts in 2019 and 2020); “Graegin Loans – Another Way to Reduce Estate Tax” in Bloomberg Tax (Tax Management Memorandum – May 2, 2019); “Representing the Professional Selling or Purchasing a Minority Interest in a Corporate Practice” in The Practical Tax Lawyer (Winter 2022) (Reprinted in Maryland State Bar Association Tax Talk in May 2022); “Update on Worker Classification for Professional Practices and Businesses” in The Practical Tax Lawyer (Winter 2023) (Reprinted in Maryland State Bar Association Tax Talk in Spring 2023).

Adam is a member of the American Bar Association (ABA), Sections of Taxation, Business Law and Real Property/Trusts and Estates, as well as a member of the Maryland Bar Association, Section of Taxation and the DC Bar Association, Section of Taxation. Adam has served as a panelist discussing a variety of tax issues including self-employment taxes and planning implications (ABA Tax Section meeting, Austin, Texas 2017), business and tax issues regarding Medical Cannabis Businesses (ABA Tax Section Conferences in 2018 San Diego, CA and in 2019 New Orleans, LA), and Buy-Sell Agreements for business succession planning (New Orleans, 2019; Montgomery County Bar Association May 2019); Tax Cuts and Jobs Act and S-Corporation/Trusts as Owners of Business Entities (ABA Tax Section Conference in Boca Raton, Florida 2020); Client
Misbehavior (ABA Tax Section Virtual Conference 2020); Tax Considerations for Financially Distressed Businesses (ABA Tax Section Winter Virtual Conference 2021); Sale of Minority Interest in Entity (ABA Tax Section Annual Virtual Conference 2021); Trusts as Owners of Businesses (ABA Tax Section Fall Virtual Conference 2021); Employment Classifications (ABA Tax Section Winter Virtual Conference 2022); Careers in Tax Law Discussion (ABA Tax Section Webinar March 2022); Business Owner Dispute Resolution (ABA Tax Section Annual Conference in Washington, DC 2022); Business Divorces (ABA Tax Section Fall Conference in Dallas, TX 2022); The Cannabis Minefield for Closely Held Businesses (ABA Tax Section Winter Conference
in San Diego, CA 2023).

Adam has also conducted presentations on §199A (Qualified Business Income) in front of the Maryland Association of CPAs in November 2019, Cannabis – Taxation and Banking Issues in front of the National Business Institute in December 2019, and LLC Operating Agreements in front of the Maryland State Bar Association in September 2021, Maryland Marijuana Law, including Taxation and Banking Issues in front of the National Business Institute in June, 2023.

Adam is a current member of the Maryland Bar Tax Section Council since January 2019, acting as Chair of the Tax Council Legal Education Committee, and working with the Tax Council Diversity and Inclusion and Special Program Committees. In June, 2023, Adam served as a panelist on the Tax Council’s Sports Betting and Trust Taxation panels at the Maryland State Bar Association Annual Meeting in Ocean City, Maryland.

From July 2019-2021, Adam served as Vice-Chair of the American Bar Association Tax Section Closely Held Businesses Committee. On July 1, 2021, Adam became Chair of the Closely Held Businesses Committee. On February 11, 2023, Adam was elected a Fellow of the American College of Tax Counsel.

Adam currently lives in Kensington, Maryland with his wife, Joanna and his two daughters, Eliana and Kayla.

Education

• LL.M. in Taxation, Georgetown University Law Center
• J.D. Cleveland-Marshall College of Law
• B.S Miami University

Bar Admissions

• Ohio
• District of Columbia
• Maryland

Court Admissions

• United States District Court for the Northern District of Ohio
• United States 6th Circuit Court of Appeals
• United States Supreme Court
• United States Tax Court

Appearances

• Common Sense Investing Podcast – “Visit the Attorney” – December 2019
  
• The Main Street Podcast – February 16, 2020
  Listen to “Adam Abraham – Tax Attorney” on Spreaker.