by Leslie Marenco | Nov 14, 2014 | Articles, Asset Protection, Business/ Corporate Law
Two major retailers that suffered a major data breach affecting millions of customers – and their bottom lines – have one thing in common: both got hacked through their vendors. Home Depot’s security system was breached by a hacker that stole credit card...
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 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 7, 2014 | Articles, Business/ Corporate Law, Estate Planning, High Net Worth
The removal of a trustee from a trust can be a difficult and time consuming process for both beneficiaries and trustees alike. Courts are generally hate to interfere with a settlor/creator’s choice of trustees. However, most states provide trust beneficiaries a...
by Leslie Marenco | Sep 28, 2014 | Articles, Business/ Corporate Law
On March 13, President Obama signed a presidential memorandum that directs the U.S. Department of Labor to propose new rules governing overtime exemption regulations for white collar workers under the Fair Labor Standards Act (FLSA). The Presidential Memorandum...
by Leslie Marenco | Sep 22, 2014 | Articles, Asset Protection, Business/ Corporate Law
Bankruptcy. It’s the bad word every business owner is working hard to avoid. And, yes, it’s also a tool given to entrepreneurs as an encouragement to take risk and be able to have a fresh start when things do not go as planned. It’s a thought that may have crossed...
