38 Mandelbaum Barrett Attorneys Recognized by Best Lawyers® for 2027, Including William S. Barrett as “Lawyer of the Year”
August 20, 2026
Recognition by fellow members of the legal profession remains one of the industry’s most meaningful distinctions. The 2027 edition of The Best Lawyers in America® includes 34 Mandelbaum Barrett PC attorneys, many recognized in multiple practice areas, along with 4 attorneys named to Best Lawyers: Ones to Watch® in America. The Best Lawyers in America […]
Steven Holt Named Incoming President of the Estate Planning Council of Northern New Jersey
May 19, 2026
Congratulations to Steven Holt, Esq., Chair of Tax Law and Co-Chair of Trusts & Estates at Mandelbaum Barrett PC, on being named the incoming President of the Estate Planning Council of Northern New Jersey. The Estate Planning Council plays an important role in advancing education within the estate planning profession, helping members deepen their knowledge […]
Steven Holt Answers Tax Concerns for NJ Money Help
February 27, 2025
Steven Holt, partner and chair of the Tax Law, Trusts, and Estates Practices at Mandelbaum Barrett PC, addressed a parent’s concerns about their college-aged child’s unreported income for NJ Money Help. Holt explained that the IRS may charge interest and penalties for failing to file and pay taxes, though penalties may be waived for good […]
Steve Holt Answers Estate Planning Question for NJ Money Help
February 27, 2025
Steven Holt, partner and chair of the Tax Law, Trusts, and Estates Practices at Mandelbaum Barrett PC, recently answered a question for NJ Money Help regarding whether a trust is necessary for estate planning in New Jersey. Holt explained that since New Jersey has no estate tax and the federal exemption is $13.99 million for […]
New Jersey Automotive Magazine: A Practical Guide to Legal Compliance for Repair Shops
November 8, 2024
Jason Marx, Partner in the Tax, Trusts and Estates Practice Group, has contributed an article to the November issue of New Jersey Automotive Magazine. This piece, featured in the Legal Perspective section, provides a clear overview of essential legal practices for New Jersey’s auto repair shops and collision centers. In the article, Jason outlines compliance […]
New Jersey’s Affordable Housing Projects: Tax Exemptions and Guidelines
May 29, 2024
The introduction of tax exemptions for affordable housing projects in New Jersey signifies a significant stride towards addressing the state’s housing affordability challenges. By providing financial relief to stakeholders involved in these initiatives, New Jersey reaffirms its commitment to promoting equitable access to housing for all its residents, irrespective of income levels. It’s imperative for stakeholders to leverage these exemptions effectively to maximize the positive impact on affordable housing development across the state.
Constitutionality of the Corporate Transparency Act
March 4, 2024
On March 1, 2024, the U.S. District Court in Alabama declared the Corporate Transparency Act (CTA) unconstitutional, challenging its mandate for a national database of business owners aimed at curbing financial crimes. The Court found the Act exceeded legislative powers, failing the “necessary and proper” test. This pivotal decision, favoring the National Small Business Association’s injunction request, raises questions on the enforcement implications for non-party companies. The ruling’s broader impact on financial crime prevention efforts remains under scrutiny as developments continue.
Martin D. Hauptman Addresses Social Security Questions on 401(k) Withdrawals
January 31, 2024
For individuals seeking clarity on their potential circumstances, the Social Security Administration provides charts for income levels and filing statuses, accessible through this link. Additionally, it offers guidance on calculating Modified Adjusted Gross Income.
IRS Announces Pandemic-Related Penalty Relief for Millions
December 22, 2023
The Internal Revenue Service (IRS) has introduced a substantial relief measure in response to COVID-19 challenges. The $1 billion initiative benefits approximately 4.7 million taxpayers who missed automated collection reminders during the pandemic. With a focus on those earning under $400,000 annually, the IRS plans to resume regular collection procedures while offering a more lenient approach to overdue tax bills.