On behalf of Jeffrey M. Rosenblum, P.C. | Feb 28, 2013 | Firm News
The Internal Revenue Service has expanded its Voluntary Classification Settlement Program (VCSP) paving the way for more taxpayers to take advantage of this low-cost option for achieving certainty under the law by reclassifying their workers as employees for future...
On behalf of Jeffrey M. Rosenblum, P.C. | Feb 27, 2013 | Foreclosure
As Long Island families facing foreclosure battle endlessly with mortgage lenders, they may feel like characters in a frustrating financial drama. In such situations, homeowners are easily overwhelmed due to limited knowledge of the legal process and the timeline for...
On behalf of Jeffrey M. Rosenblum, P.C. | Feb 25, 2013 | Firm News
As reported by the Bankruptcy Law Network, the numbers are out for the April 1 inflation adjustment in dollar amounts in the bankruptcy code. The numbers increase 6.3%. Every three years, the bankruptcy numbers are automatically adjusted for the change in the Consumer...
On behalf of Jeffrey M. Rosenblum, P.C. | Feb 21, 2013 | Chapter 11
Realizing a business venture is on the brink of possible failure can be a sobering event. Business owners in this situation often need to make difficult decisions about the future of their companies. Chapter 11 bankruptcy may be an unfortunate, but necessary, option...
On behalf of Jeffrey M. Rosenblum, P.C. | Feb 15, 2013 | Chapter 11
A commercial bankruptcy has different financial implications than a personal bankruptcy, although a business owner may support business debts with personal assets. Business owners often declare a business bankruptcy with a Chapter 11 filing. Readers in Long Island may...
On behalf of Jeffrey M. Rosenblum, P.C. | Feb 6, 2013 | Debt Relief
Filing for bankruptcy is a step that people from any socio-economic background can consider if their liabilities are greater than their assets. Whether the individual involved is a millionaire, is struggling from one paycheck to the next or has suffered from a job...
On behalf of Jeffrey M. Rosenblum, P.C. | Feb 4, 2013 | Firm News
In the aftermath of Hurricane Sandy, the Internal Revenue Service announced additional tax relief to affected individuals and businesses. The IRS today is further extending tax deadlines of that relief until April 1 for the following localities: In New Jersey...
