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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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Tax Issues Could Hurt Bitcoin

Bitcoin is an unregulated currency that has made a big splash in the economy during the past couple of years. At first, it was the chosen form of payment for black market dealings, but more and more legitimate merchants are beginning to accept Bitcoin. According to Entrepreneur.com, Overstock and TigerDirect have already begun accepting the […]

Author: James F. McDonough

March 12, 2014

Could Environmental Law Help Address Data Breaches?

Data breaches are a growing threat to U.S. businesses. In the wake of Target’s high-profile data theft, which impacted more than 110 million consumers, and the more recent theft of consumer data from Neiman Marcus who disclosed that hackers invaded its systems for several months in a breach that involved 1.1 million credit and debit […]

Author: Fernando M. Pinguelo

March 12, 2014

International Business Publication CorporateINTL Names 2014 Tax Law Firm of the Year in New Jersey

Local Law Firm Recognized for their Domestic and International Tax, Trust & Estate law Group Lyndhurst, New Jersey – March 12, 2014 – CorporateINTL, a U.K. based international business magazine, has named Scarinci Hollenbeck the “Tax Law Firm of the Year in New Jersey.” CorporateINTL is a leading, monthly publication for business leaders and financiers, […]

Author: Scarinci Hollenbeck, LLC

March 12, 2014

Supreme Court Decision Expands Whistleblower Protections

The U.S. Supreme Court recently ruled that the whistleblower protections of the Sarbanes-Oxley Act not only shield employees of public companies, but also employees of privately held contractors and subcontractors, such as lawyers, advisers, and accountants, who perform work for the public company. The U.S. Supreme Court recently ruled that the whistleblower protections of the […]

Author: Scarinci Hollenbeck, LLC

March 11, 2014

Federal Business Tax Overhaul Could Fund Infrastructure Projects

President Barack Obama recently announced a four-year, $302 billion transportation bill to repair the nation’s aging roads, rails, bridges and tunnels. According to The New York Times, one method Obama plans to use to fund this initiative is a business tax overhaul. In the State of the Union Address, Obama said he would use the […]

Author: James F. McDonough

March 11, 2014

Business Tax

Gold River businessman gets 17 years for bankruptcy fraud

Gold River businessman Steven Zinnel and his wife were divorced in 1999, and as proceedings dragged on, things got ugly. According to the Sacramento Bee, Zinnel told his wife in an angry email in 2001 that he intended to file for bankruptcy, and that she and the ex-couple’s two teenage children would get nothing. The problem […]

Author: Joel R. Glucksman

March 11, 2014

Chapter 7

U.S., Australia Agree to Battle Tax Evasion

Tax evasion is currently a major topic of conversation, with a Senate Hearing in the near future focusing on Swiss banks. In another major move, U.S. Treasury Secretary Jacob Lew said that Australia has agreed to sign a tax evasion agreement, according to Bloomberg Businessweek. The U.S. and Australia have yet to sign the agreement, but plan […]

Author: Frank L. Brunetti

March 10, 2014

Are You Ready for Your Close Up? SEC Targeting Unexamined Investment Advisers

The Securities and Exchange Commission (SEC) typically examines just eight percent of the 11,000 registered investment advisers it oversees. As a result, many advisers have been able to operate under the radar. That may soon change. The SEC recently announced an initiative to examine registered investment advisers who have never been subjected to review, with […]

Author: Dan Brecher

March 10, 2014

Business Compliance

Facebook Post Leads to Costly Breach of Settlement Agreement

A daughter’s ill-advised Facebook post recently cost her father $80,000 of his settlement in an age-discrimination case. As has been widely reported in the media, Gulliver Preparatory School agreed to pay Patrick Snay, 69, an $80,000 lump-sum payment to resolve alleged violations of the Age Discrimination in Employment Act (ADEA) and retaliation. However, four days […]

Author: Robert E. Levy

March 7, 2014

Settlement Agreement

New York Estate Tax Law Change Could Hurt Home Gifting

New York Gov. Andrew Cuomo and lawmakers are currently considering changes to the Empire State’s estate tax law. If passed, one of the biggest benefits would be an increase to the estate tax exemption from $1 million to $5.25 million by 2019, which means New Yorkers could pass on assets to children worth $5.25 million without […]

Author: James F. McDonough

March 7, 2014

New York

Hostess Brands Inc. bankruptcy posed risk to other pensions

When Hostess Brands Inc. filed for protection under chapter 11 of the bankruptcy law in 2012, it posed risk to other pensions and medical charges for its employees as one of the the driving reasons behind the filing. At the time, the company was involved in a struggle with workers’ unions over a new contract […]

Author: Joel R. Glucksman

March 7, 2014

Cincinnati Bengals May Have Violated Fair Labor Standards Act

Fair Labor Standards Act Violation NFL teams employ cheerleaders to roam the sidelines during games for the purpose of entertaining fans and cheering on the players. It also appears that some teams may be taking advantage of these women with poor wages as the second complaint in a few months was recently filed against a team. […]

Author: Anthony R. Caruso

March 7, 2014

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