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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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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

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

Carol's Daughter Files For Bankruptcy

CD Stores LLC, formerly known as Carol’s Daughter Stores LLC, filed for protection under Chapter 11 of the bankruptcy law April 24, according to The Wall Street Journal. The company was joined in filing by the individual companies behind Carol’s Daughter stores. Founded by Lisa Price in 1993, the chain produces skincare, body and hair […]

Author: Joel R. Glucksman

May 8, 2014

Scarinci Hollenbeck Tax, Trusts & Estates Group Receives Global Economy & Sustainability Award

IAIR – Global Economy & Sustainability Designates Scarinci Hollenbeck as a Gold Winner for Best Law Firm – Tax, at the New York IAIR AWARDS Ceremony New York, New York –May 7, 2014 – Scarinci Hollenbeck has been chosen as a Gold Winner for “Best Law Firm – Tax” at the IAIR AWARDS Corporate Excellence […]

Author: Scarinci Hollenbeck, LLC

May 7, 2014

The Basics of Estate Planning

A number of people make the assumption that they do not need to worry about estate planning, particularly if their estate will be under $5 million, the federal exemption. However, while an estate below this level will not necessarily incur any federal taxes, there are a number of other benefits to ensuring that your affairs […]

Author: Scarinci Hollenbeck, LLC

May 7, 2014

Brian McNamee's Defamation Lawsuit Involves Steroids

Steroids in baseball has been a major topic of conversation for quite some time. Former New York Yankee and Boston Red Sox pitcher, Roger Clemens, was one of the most recent targets, as his trainer, Brian McNamee, said he provided Clemens with performance-enhancing drugs. PEDs have led to numerous legal battles, but one of the […]

Author: Scarinci Hollenbeck, LLC

May 7, 2014

What are the legal ramifications of Donald Sterling's alleged racist remarks?

Unless you’ve had your television and Internet turned off for the past few weeks, you’ve likely heard about Los Angeles Clippers owner Donald Sterling’s alleged racist remarks brought to light by TMZ. NBA Commissioner Adam Silver recently announced that Sterling is banned from NBA activities for life and has been fined $2.5 million for his […]

Author: Scarinci Hollenbeck, LLC

May 6, 2014

$10 million tax credit offered for Kansas scholarships

The April 24 deadline is approaching for Kansas Gov. Sam Brownback to make a decision regarding a bill to increase funding for state public schools, according to the Associated Press. Legislators finished working on the bill April 6, before taking a recess until late in the month. Among other measures, the bill would end teacher tenure, […]

Author: James F. McDonough

May 6, 2014

Judge Rhodes taps experts to help in Detroit bankruptcy

As Detroit is hoping to approach the end of its sojourn in bankruptcy under Chapter 9 of the bankruptcy law, the judge overseeing the city’s filing has asked experts to advise him on the feasibility of its plan. Judge Steven Rhodes tapped Marti Kopacz of Phoenix Management Services as the court’s expert witness, and former […]

Author: Joel R. Glucksman

May 6, 2014

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