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Scarinci Hollenbeck remains committed not only to providing top-tier legal services but also to regularly providing information and resources to our client base and internet following. Client Alerts provided by our attorneys supply businesses, municipalities, and more with the latest and relevant legal updates that may impact them and how they might be able to proceed.

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Downtown Jersey City Home to New Scarinci Hollenbeck Office

The New Office Places the Firm in the Heart of the City’s Economic Redevelopment Lyndhurst, New Jersey – May 14, 2014 – The law offices of Scarinci Hollenbeck, a full service, regional business law firm in the New York and New Jersey area, is pleased to announce the opening of a new office in Jersey […]

Author: Scarinci Hollenbeck, LLC

May 13, 2014

PIX11 Morning Show Discusses Donald Sterling Apology with Sports Entertainment Lawyer Anthony R. Caruso

Caruso Interviewed to Discuss Next Steps for Donald Sterling New York, NY, May 13, 2014 – Scarinci Hollenbeck attorney Anthony R. Caruso, Esq., appeared Tuesday, May 13, 2014 on the Morning Show for PIX Channel 11 TV in New York City, in order to offer his legal insight into the recent Donald Sterling interview with Anderson […]

Author: Scarinci Hollenbeck, LLC

May 13, 2014

Parsonage Allowance – Once Again It Is An Issue

In the 1990s, an Orange County California minister and the Internal Revenue Service (IRS) battled over the amount of his parsonage or housing allowance. The IRS claimed that the allowance, which is tax-free to the minister, was overstated and that some portion of the allowance should have been reported as income. The case proceeded to […]

Author: James F. McDonough

May 13, 2014

ConnectEDU files for bankruptcy after Gates Foundation grant

Citing an inability to repay its over 200 creditors, college and career planning startup ConnectEDU filed for protection under Chapter 11 of the bankruptcy law on April 28, according to Inside Higher Ed. The company offers planning and tracking tools to aid students looking for colleges and post-college jobs that match their interests and abilities. […]

Author: Joel R. Glucksman

May 13, 2014

Chapter 11

COBRA Model Notices Updated

There has been much confusion about Consolidated Omnibus Budget Reconciliation Act (COBRA) continuation coverage versus obtaining coverage through the Health Insurance Marketplace (the “Marketplace”) established by the Affordable Care Act (ACA). Previously, COBRA Notices did not explain how COBRA eligible persons might obtain less expensive Marketplace coverage. There also was considerable confusion about whether an […]

Author: Scarinci Hollenbeck, LLC

May 13, 2014

New Jersey Sports Wagering Legalization Battle Costly

Wagering on sports is a popular activity, but it is only legal in a few states. Nevada is the biggest sports-betting state, as it is home to the casino capital of the world in Las Vegas. However, New Jersey has been attempting to legalize wagering in the past year to no avail, which has cost the Garden […]

Author: Scarinci Hollenbeck, LLC

May 12, 2014

New Jersey

The Meaning of “Corporate Guidance”

Many companies provide “corporate guidance” to investors and other interested parties. Guidance refers to what management expects the company to do in the future. Essentially, it is the practice of predicting business expectations in order for investors to evaluate the company’s earnings potential. You may recall a similar practice referred to as the “whisper number.” […]

Author: Dan Brecher

May 12, 2014

Investors

IRS Chief: U.S. Can't End Corporate inversions

In the wake of a spate of corporate inversions over the last two years, regulators are considering ways to curb the use of this tax strategy, under which corporations move overseas to enjoy lower income tax rates. On April 30, a U.S. Treasury official told Reuters that the Obama administration is focused on ways to […]

Author: Scarinci Hollenbeck, LLC

May 12, 2014

Jobs Reports – How Meaningful Are They?

The U.S. Labor Department’s release of the monthly jobs report has a significant impact on the market. The report contains key employment data related to all aspects of the job market, including the unemployment rate, and is an indicator of economic health. But with adjustments being made after each monthly report, we are left to […]

Author: Dan Brecher

May 9, 2014

Silent victims in the Detroit bankruptcy filing

As the city of Detroit nears a final decision in its bankruptcy case, its pension boards and retirees’ group have reached a tentative agreement that may help the city to get out of Chapter 9 by the end of the year, according to The New York Times. By emergency manager Kevyn Orr’s estimation, the city […]

Author: Joel R. Glucksman

May 9, 2014

Business Tax Extenders May Be Made Permanent

Congress has allowed a number of tax credits to expire before renewing them every two years, in a process known as the “tax extenders.” Some of these tax breaks have been renewed regularly for over 30 years. After some wrangling in the House, the Ways and Means Committee voted to make six expired tax breaks permanent April […]

Author: James F. McDonough

May 9, 2014

Tax Breaks

Tips For Protecting Company Data

If you are in charge of protecting your company and/or its customer’s data, it is important to confirm your data security program contains all the essential components to be successful. The Internet of Things (IoT) makes it easier to create, collect, process, and/or maintain data in a variety of ways, but the potential vulnerability points […]

Author: Scarinci Hollenbeck, LLC

May 8, 2014

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