by Leslie Marenco | Nov 11, 2014 | Articles, Business/ Corporate Law, Income Tax, IRS
Generally, a 1031 exchange (also called a like-kind exchange) is a swap of one business or investment asset for another.In effect, you can change the form of your investment without (as the IRS sees it) cashing out or recognizing a capital gain. That allows your...
by Leslie Marenco | Nov 8, 2014 | Articles, Case Law
A New Jersey entrepreneur who sells organic dog treats under the label, “Snaks 5th Avenchew” has prevailed in her fight to keep the name after a short scrap with fashion retailer Saks Fifth Avenue. Carrie Sarabella, who sells her organic dog treats online and direct...
by Leslie Marenco | Nov 7, 2014 | Articles, Estate Planning
Creating an estate plan to protect your financial future and that of your family is just the first step in the estate planning process. Once those documents are executed, you will still need to review your plan annually to ensure it continues to reflect your needs and...
by Leslie Marenco | Nov 6, 2014 | Articles, Estate Planning
Most of my clients are healthy when they contact me. Estate planning is something in which they are engaging as a precautionary measure rather than because they expect to die within a short amount of time. But not always. Occasionally, clients contact me after...
by Leslie Marenco | Nov 5, 2014 | Articles, Income Tax, IRS
Heard of FATCA? In this article I will try and simplify this rather complicated subject to make it easier to understand. FATCA—the Foreign Account Tax Compliance Act—is America’s global tax law. It was quietly enacted in 2010, and after a four-year ramp up, it’s...