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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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    Rentals Not Treated as Passive Investment Income for S Corporation Purposes post image

    Rentals Not Treated as Passive Investment Income for S Corporation Purposes

    In PLR 201725022, a corporation received rental income from its leasing of offices for medical and related services.  The taxpayer intended the rental income from its maintenance-related operations as non-passive investment income under section 1362(d)(3)(c)(i). In PLR 201725022, a corporation received rental income from its leasing of offices for medical and related services.  The taxpayer intended the rental […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Rentals Not Treated as Passive Investment Income for S Corporation Purposes"
    Is New Jersey’s Daily Fantasy Sports Bill a Home Run? post image

    Is New Jersey’s Daily Fantasy Sports Bill a Home Run?

    What Could This Fantasy Sports Bill Mean for New Jersey? The New Jersey Assembly recently passed legislation that would regulate daily fantasy sports games. Analysts project that taxing the growing industry could generate annual revenue of $6.6 million. The New Jersey fantasy sports bill, Assembly Bill No. 3532, would regulate large-scale fantasy sports operators like DraftKings and FanDuel. It […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Is New Jersey’s Daily Fantasy Sports Bill a Home Run?"
    Proposed Expansion Of New Jersey Class B Recycling Regulations post image

    Proposed Expansion Of New Jersey Class B Recycling Regulations

    Bill Calls for Further Regulation of New Jersey Class B Recycling Services  New Jersey lawmakers are considering legislation that would subject businesses engaging in soil and debris recycling services to the same regulation and oversight that applies to the solid waste industry. The bill, Senate Bill Number 2306, would also expand the definition of “key […]

    Author: Daniel T. McKillop

    Link to post with title - "Proposed Expansion Of New Jersey Class B Recycling Regulations"
    When Does a Lender Become a Mortgagee in Possession? post image

    When Does a Lender Become a Mortgagee in Possession?

    Becoming a mortgagee in possession can result in liability A mortgagee becomes a mortgagee in possession when it takes over the management and control of a property from the mortgagor. Because becoming a mortgagee in possession can result in liability, lenders must be cognizant of whether their actions regarding the property will be considered exerting control […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "When Does a Lender Become a Mortgagee in Possession?"
    Environmental Attorney Panelists at Brownfield Coalition of the Northeast post image

    Environmental Attorney Panelists at Brownfield Coalition of the Northeast

    John M. Scagnelli, Scarinci Hollenbeck Partner and Chair of the firm’s Environmental and Land Use Group, will be among the panelists at a Brownfield Coalition of the Northeast (BCONE) Program and Resource Fair. Entitled “Resources to Jumpstart Your Vacant Property Redevelopment,” the Program will be held at the Mott MacDonald Training Facility in South Iselin, […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Environmental Attorney Panelists at Brownfield Coalition of the Northeast"
    Momentum Building to Eliminate Sports Betting Ban post image

    Momentum Building to Eliminate Sports Betting Ban

    What Does The Future Hold For National Sports Betting Ban (PASPA)? New Jersey Governor Chris Christie isn’t the only one advocating to lift the national sports betting ban. Momentum is building to eliminate the Professional and Amateur Sports Protection Act (PASPA). Federal Sports Betting Ban Enacted in 1992, the PASPA specifically prohibits governmental entities, including […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Momentum Building to Eliminate Sports Betting Ban"
    Proposed Licensing Structure Under NJ Cannabis Bill 3195 post image

    Proposed Licensing Structure Under NJ Cannabis Bill 3195

    What Could Sen. Scutari’s Cannabis Bill 3195 Mean For New Jersey? New Jersey Senator Nicholas Scutari recently introduced Senate Bill 3195 to decriminalize the recreational use of cannabis and legalize its manufacture, distribution, and sale in New Jersey. Basics of NJ’s Cannabis Legalization Bill Senate Bill 3195 would legalize the possession and personal use of […]

    Author: Daniel T. McKillop

    Link to post with title - "Proposed Licensing Structure Under NJ Cannabis Bill 3195"
    Scarinci Hollenbeck NYC Office Moves to Park Avenue post image

    Scarinci Hollenbeck NYC Office Moves to Park Avenue

    Scarinci Hollenbeck Moves from former Times Square Location to Larger Offices on Park Avenue near Grand Central Station Scarinci Hollenbeck is pleased to announce the relocation of its New York City office from Times Square to Midtown East, close to Grand Central Station. The larger space was chosen to accommodate the firm’s growing presence in […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Scarinci Hollenbeck NYC Office Moves to Park Avenue"
    How Could This Marijuana Bill Impact New Jersey Municipalities? post image

    How Could This Marijuana Bill Impact New Jersey Municipalities?

    How Marijuana Bill Will Impact New Jersey Municipalities Sen. Nicholas Scutari recently proposed legislation that would legalize recreational use of small amounts of marijuana for adults 21 and over. While the bill has little chance of passage under Gov. Chris Christie, it could become a reality under New Jersey’s next governor. “Other states’ programs are working […]

    Author: Daniel T. McKillop

    Link to post with title - "How Could This Marijuana Bill Impact New Jersey Municipalities?"
    Are You The "Alter Ego" Of Your New York Corporation? post image

    Are You The "Alter Ego" Of Your New York Corporation?

    Don’t Be the “Alter Ego” of Your New York Corporation Limited liability is one of the greatest advantages of establishing a corporation or limited liability corporation (LLC) because it shields New York business owners from personal liability for business debts. However, limited liability is not unconditional. Therefore, start-ups and other New York businesses should be […]

    Author: Dan Brecher

    Link to post with title - "Are You The "Alter Ego" Of Your New York Corporation?"
    What Does Assembly Bill No 4587 Mean For Airbnb? post image

    What Does Assembly Bill No 4587 Mean For Airbnb?

    NJ Assembly Passes Bill No 4587 to Tax Short-Term Rentals The New Jersey Assembly recently passed legislation that would impose taxes on “transient space marketplaces” like Airbnb. The bill, Assembly Bill No 4587, now heads to the state Senate. According to Airbnb, approximately 6,000 New Jersey “hosts” earned more than $50 million last year.  Nonetheless, an increasing […]

    Author: Donald M. Pepe

    Link to post with title - "What Does Assembly Bill No 4587 Mean For Airbnb?"
    Two New Attorneys Join Scarinci Hollenbeck post image

    Two New Attorneys Join Scarinci Hollenbeck

    Lyndhurst-based law firm Scarinci Hollenbeck expands its Public Law group with the addition of associates Craig A. Long and Jessica F. Gonzalez Lyndhurst, NJ – June 28, 2017– Scarinci Hollenbeck is pleased to announce that Jessica F. Gonzalez and Craig A. Long have joined the firm. The two new associates have excellent credentials and distinguished […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Two New Attorneys Join Scarinci Hollenbeck"

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