Attorney Zachary Watkins became the Zone 5 Co-Chair of the Pennsylvania Bar Association Young Lawyers Division (YLD) this past summer. As the Zone 5 Co-Chair, he acts as the liaison between the statewide YLD and the local county YLDs and … Read more
Under the existing Federal annual gift tax exclusion, an individual is permitted to gift as much as $17,000 to as many individuals as they wish in 2023 without any gift tax consequences. Further, because this exclusion is available for an … Read more
For this week’s Community Involvement Spotlight, we’d like to recognize Paul T. Rushton’s service on the Board of Trustees of Misericordia University.
Paul joined the Board of Trustees earlier this year. Members of Misericordia’s Board of Trustees aim to guide … Read more
As part of the negotiation of the terms and conditions that will govern the sale of a business, the selling party should develop and implement a strategy for obtaining a “market” deal (i.e. a deal that includes standard terms and … Read more
Purchasing or selling a home, especially a first home, is a significant event. Rosenn Jenkins & Greenwald, LLP has been helping buyers and sellers of real property with home purchases and home sales in Northeastern Pennsylvania for over 60 years. … Read more
By Paul T. Rushton, Esq.
The sale of a closely-held business is typically one of the most important and stressful events in a business owner’s life. The dual challenge of addressing the requirements of selling a business while continuing to … Read more
Normally when selling a commercial or investment property, capital gains taxes must be paid on the sale. However, Section 1031 of the Internal Revenue Code provides an exception which allows a seller to defer paying tax on the sale proceeds … Read more
“We were clients of Atty. Richard Russo, and we were treated by him and his staff with compassion, kindness, and with respect. Attorney Russo took my husband and I by the hand and led us through the unfamiliar experience of … Read more