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...
by Leslie Marenco | Nov 5, 2014 | Articles, Business/ Corporate Law, Case Law
In its recent ruling in FedEx Home Delivery, the National Labor Relations Board (NLRB) added a new factor for the classification of a worker as an employee or an independent contractor. The NLRB found that a worker’s right to “entrepreneurial opportunity” was not...
by Leslie Marenco | Oct 31, 2014 | Articles, IRAs / 401(k), Trusts
According to the Investment Company Institute, the use of IRAs for retirement saving has increased in the past decade, with $6.5 trillion invested in traditional and Roth IRAs. But how much of those assets will pass beyond the primary beneficiaries to the next...
by Leslie Marenco | Oct 31, 2014 | Articles, IRS
The Internal Revenue Service recently admitted that it made an error in its initial valuation of Michael Jackson’s estate, as reported in Forbes. Now, before anyone gets too excited, correcting this valuation “mistake” has actually increased...
by Leslie Marenco | Oct 30, 2014 | Articles, Real Property / Real Estate
The Homestead Laws in Florida are a source of confusion for many people; my clients call me with questions all the time. First of all, in order to qualify as your Florida homestead, you and your home must meet three criteria: You must have legal or beneficial title...
by Leslie Marenco | Oct 29, 2014 | Articles, Celebrity Estates, Inheritance
Prince Harry celebrated his 30th birthday earlier last month. His mother, the iconic Princess Diana, passed away over 17 years ago, following the tragic crash as Diana sped away from paparazzi in France. What was so special about Harry’s 30th birthday?...
