Law Blog

Law Blog2021-03-01T12:19:46-05:00

Corporate Law Attorney Blog Scott Magliochetti

Does the world need another law blog? Of course it does! It’s an easy way for you to gain a sense of my subject matter expertise before we speak.

My name is Scott Magliochetti, a corporate law attorney based in Princeton, New Jersey. During my thirty plus years of legal experience, I’ve worked in many practice areas that you can learn about here. Perhaps you aren’t ready to reach out to me just yet. That’s okay. For now feel free to browse through these blog posts.

When you are ready, send me an email or call my office at (908) 281-7624. I look forward to connecting with you.

DOL Goes High Tech. to Track FLSA Violations

In March 2011, the U.S. Department of Labor (“DOL”) requested a $13.3 million increase in its budget, the bulk of which is slated towards increased enforcement and regulation of wage and hour laws (namely FLSA).  The DOL has sought 107 additional full-time personnel to advance its crusade against wage and [...]

By |July 22, 2011|All|

Nonprofits Losing Tax Status

In 2006 Congress passed the Pension Protection Act (“PPA”), mandating that most tax-exempt organizations file an annual information return with the IRS.  The PPA imposed upon small organizations a filing requirement for the first time in 2007.  More importantly, the PPA automatically revokes an entity’s tax-exempt status if it fails [...]

By |July 6, 2011|All|

Tough Times Lead to Rise in Cafeteria Plan Change Requests

When times are tough and it is increasingly difficult to pay the rent / mortgage and put food on the table, many benefits (health benefits, life insurance, etc.) elected under “cafeteria plans” (benefits purchased on a pre-tax basis) become luxuries, not necessities.  With rising costs of living and stagnant salaries, [...]

By |June 21, 2011|All|

LONG LIVE THE RAT?

According to the Chinese Zodiac, one of the traits of the Rat is wit; and it just may be that characteristic that recently saved the Rat from the National Labor Relations Board’s (“NLRB”) chopping block.  You’ve seen it, the giant inflatable Rat that looms outside a work place pulled into [...]

By |June 13, 2011|All|

Bias Against the Unemployed In Want Ads Soon To Be Illegal in NJ

On June 1, 2011 a new law (N.J.S.A. 34:8B-1 et seq.) regulating employment advertisements goes into effect in New Jersey.  Under the statute, employers (and their agents) publishing job advertisements (in print or online) for vacancies in NJ are prohibited from “knowingly or purposefully” utilizing ads that contain one or [...]

By |May 17, 2011|All|

S-Corporations vs. LLCs – Which is Right For You?

Business owners looking to avoid the double layer of taxes associated with operating a C-corporation (the absurd taxation of dividends) often consider utilizing an S corporation or a limited liability company.  While both structures act as pass through entities for tax purposes, there are noteworthy differences between the two. Ownership [...]

By |April 22, 2011|All|

Repeal of the 1099 "Snitch Act" on the Horizon

The Patient Protection and Affordable Care Act (PL 111-148, the “Act”) enacted in 2010 significantly expanded information-reporting requirements for businesses.  As part of the Act, 1099 reporting requirements were expanded to include all payments from businesses aggregating $600 or more in a calendar year to a single payee, starting with [...]

By |April 13, 2011|All|