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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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Will Tax Credit Partnerships Continue in 2017 & Beyond?

Tax reform is a current topic in the news and on talk shows. All agree that the Internal Revenue Code is complicated and there are two cases in the historical tax credit area that illustrate this point and the risk one faces in entering into a tax credit deal. Virginia Historic Tax Credit Fund 2001 […]

Author: James F. McDonough

January 4, 2017

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

Some States Cut Taxes July 1

A number of states across the U.S. have elected to lower corporate tax rates and increase tax credits as of July 1, reversing the trend of increasing taxes in order to shore up deficits that began after the recession. According to Stateline, a nonpartisan new service of the Pew Charitable Trusts, Indiana and Rhode Island businesses […]

Author: Scarinci Hollenbeck, LLC

July 7, 2014

$10 million tax credit offered for Kansas scholarships

The April 24 deadline is approaching for Kansas Gov. Sam Brownback to make a decision regarding a bill to increase funding for state public schools, according to the Associated Press. Legislators finished working on the bill April 6, before taking a recess until late in the month. Among other measures, the bill would end teacher tenure, […]

Author: James F. McDonough

May 6, 2014

Spacey is " whips" votes for Maryland tax credit

In the hit Netflix show, “House of Cards”, Kevin Spacey plays silver-tongued, Machiavellian U.S. politician Frank Underwood. In the show’s well-received first season, Underwood occupies the seat of whip for the House of Representatives, but on March 21, Spacey was whipping votes all by himself, according to The Washington Post. “House of Cards” filmed its first two […]

Author: Scarinci Hollenbeck, LLC

April 7, 2014

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