Donor’s intent determines use of funds by charities  By GAIL LIBERMAN Special to the Daily News Saturday, Sept. 17, 2011 Cash-strapped charities, restricted in Florida from tapping certain endowment funds often because the value has dipped below the original principal must wait until next July 1 for relief. This, despite legislation already signed by Gov. Rick Scott in […]

Beware of Future Withholding On §1031 Exchanges with Governmental Entities By Alan S. Lederman, Esq. Alan S. Lederman is a shareholder in the Ft. Lauderdale office of Gunster, Yoakley & Stewart. Final regulations under §3402(t), which generally requires 3% withholding on payments by large U.S. governmental entities for acquiring personal property and services from U.S. vendors, were […]

Business, government leaders craft 10-year strategic plan for Palm Beach County by Stacey Singer BOCA RATON — The economic downturn has forced businesses to take a hard look at what they do and how they do it to increase efficiency and reduce costs. “Right or wrong, the feeling is government really hasn’t done a lot […]

Gunster shareholder David Scileppi was quoted in the Compliance Week article “More Legal Challenges to Dodd-Frank Could be in the Works.” The article disucsses the U. S. Chamber of Commerce’s legal victory over the Security and Exchange Commission’s (SEC) shareholder proxy access rule, and how it is gearing up to contest other upcoming Dodd-Frank Act rules. […]

Justice Watch: First-time homebuyer credit program was ripe for abuse August 22, 2011 John Pacenti Tax credits are Congress’ way of influencing policy through the tax code, but they’re always ripe for abuse. How ripe? Ask the nearly 1,300 inmates who netted a total of $17.6 million under the expired first-time homebuyer tax credit despite […]

International Trade is a Bright Spot for Florida August 15, 2011 By Rochelle Broder-Singer A Bright Spot — With Challenges The recession ended early for international trade, and the sector continues to perform well even as much of Florida’s economy continues a slow slog out of the recession. In 2010, Florida-origin exports grew to an […]

Market changes have borrowers ready to come off sidelines But can local lenders put them in the game? Premium content from Jacksonville Business Journal – by CHRISTIAN CONTE , STAFF WRITER Date: Friday, August 12, 2011 Michael Cavendish, a partner at Gunster, Yoakley & Stewart PA, said there is a new class of borrowers who […]

New tax applies to foreign vendors selling to the federal government August 5, 2011 By Alan Lederman A new federal tax applies to products and services that are sold to the U.S. government in 2011 and thereafter. The U.S. estimates that, every year, about $23 billion of products and services will be subject to this […]

Marika Tolz sentenced to 8 years and three months The 64-year-old Tolz got a small break because of her age and will be allowed to spend 1 1/2 years of the sentence under house arrest. by John Pacenti of the Daily Business Review July 27, 2011 Marika Tolz, one of South Florida’s most prolific trustees […]