Welcome to Our Resource Library

Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.

Client Alert

Library

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.

1-12 of 39

Taking Advantage of Puerto Rico’s Tax Incentives (Without Drawing IRS Scrutiny)

The Commonwealth of Puerto Rico offers lucrative tax breaks that are designed to attract high-net-worth individuals and businesses to the island and boost its local economy. Under the Puerto Rico Incentives Code of 2019 (also known as Act 60), individuals can avoid taxation on Puerto Rico-sourced income if they “reside” on the island for a […]

Author: Scarinci Hollenbeck, LLC

May 29, 2024

Discover When a Litigant Is Entitled to an Adversary's Corporate Tax Returns

Corporate tax returns can shed light on a corporation’s finances and provide other key information to support a legal claim... Corporate tax returns can shed light on a corporation’s finances and provide other key information to support a legal claim. However, because they are considered confidential, litigants are not automatically entitled to them during discovery. […]

Author: Robert E. Levy

December 3, 2021

Denial of Treaty Benefits and Limitation of Benefits

Denial of Treaty Benefits and Limitation of Benefits One of the hallmarks of international tax planning is the ability to obtain a tax ruling from a foreign revenue services that the taxpayer is a qualified resident for income tax treaty purposes. Such a ruling permits a taxpayer to proceed with certainty in establishing operations. It […]

Author: James F. McDonough

March 4, 2016

New IRS Ruling Makes Roth IRAs More Profitable for Taxpayers

Are Roth IRAs more profitable for the taxpayer? Many taxpayers are wondering about the impact of the new IRS ruling on Roth IRA total annual contribution limits. According to a National Law Review report, on Oct. 21, the IRS ruling will create fewer limitations on after-tax contributions directly to Roth IRAs when a taxpayer retires, […]

Author: Scarinci Hollenbeck, LLC

December 30, 2015

Tax Court Decides to Issue Limits to Life Insurance Policy Control

Although all individuals holding a life insurance policy own an investment, they did not have the legal right to exert control over the investments inside the policy. However, according to a recent ruling by the U.S. Tax Court, investors who exercise control over how money is invested are subject to tax on the investment income. […]

Author: James F. McDonough

September 11, 2015

JPMorgan Awarded $188M N.J. Tax Break To Move To Jersey City

Last week New Jersey’s Economic Development Authority approved $190 million in tax credits over a 10-year period for JPMorgan Chase to relocate its headquarters to the state.The incentive agreement calls for $18.8 million per year, including $8,734 per job. The company’s relocation will create 2,150 technology jobs for its Jersey City campus, bringing the total […]

Author: Scarinci Hollenbeck, LLC

July 31, 2015

Voting With Your Feet: When Residents of A State Decide It Is Time To Leave

I do not respond on the postings of persons who comment on the tax blog; however, one such post was brought to my attention and it is prescient and deserving of a response. The comment was written in response to our blog that described the impact of this state’s Inheritance Tax and Estate Tax upon […]

Author: James F. McDonough

July 29, 2015

U.S. in Serious Need of Corporate Tax Reform

U.S. corporate income tax law puts the country at a disadvantage relative to many others, resulting in slower economic growth, lost tax revenue, capital flight and fewer jobs, economist Aparna Mathur wrote in a recent Forbes article. The nation has an urgent need for reform and it is important that policy makers not let the […]

Author: Scarinci Hollenbeck, LLC

June 3, 2015

Levying State Corporate Income Tax A Waste Of Time

“Levying a state corporate income tax is a waste of time“, tax expert, David Brunori, wrote in The Tax Analysts Blog. Brunori, research professor at George Washington University and deputy publisher of Tax Analysts, asserted that states should repeal this particular policy. “States should, at the very least, conduct an honest inquiry into why they have […]

Author: James F. McDonough

May 21, 2015

Creating Effective Tax Reform Will Be Difficult

Creating effective tax reform in Washington will likely be difficult, as both the tax code – and the tax base – are complex. While many advocate creating effective tax reform, a wide range of businesses have sharply reduced their tax liabilities either by not repatriating their active income earned overseas or by harnessing tax breaks, […]

Author: Scarinci Hollenbeck, LLC

May 13, 2015

Some Differences In Tax Planning Between Jurisdictions

Despite a common language, there are differences in tax planning when it comes to the United Kingdom (UK) and the United States (US). The differences in tax planning are the direct result of a trends or a structural changes in tax law. Clearly, the trend is against the accumulation of wealth inside of trusts. Trusts […]

Author: James F. McDonough

May 1, 2015

Would Eliminating Income Taxes Provide Benefits or Not?

Scrapping income taxes completely would generate several benefits, starting with the hassle that many corporations and individuals face during tax season, expert Peter Morici contended in a recent CNBC commentary piece. Policy analysts have repeatedly advocated changing tax policy for both of these two groups, but corporate income taxes in particular have generated significant visibility […]

Author: Scarinci Hollenbeck, LLC

April 9, 2015

First
Previous
1(current)
2
3
4
Next
Last

Sign up to get the latest from our attorneys!

Explore What Matters Most to You.

Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.