The Latest on Sandy Recovery: Almost 4 1/2 Years Later

Posted Leave a commentPosted in Insurance, Real Estate

  Superstorm Sandy hit us in October 2012 – almost 4 1/2 years ago. My world has never been the same. On the day before the storm I was a ‘normal’ small business person with decent cash flow, bills paid, a little money in the bank, adequate business capital, and good credit. All of that changed […]

Sandy flood insurance claim review won’t be an easy process

Posted 3 CommentsPosted in Uncategorized

US Senators from New York and New Jersey have been working for many months to get FEMA to admit that its contractors ripped-off Sandy victims by low-balling flood insurance claims. Finally FEMA agreed to review all flood claims of people who felt they were short-changed by the assessors. I was among those affected. In short, […]

Rolling back the clock to reconsider a financial mistake: the Sandy recovery saga of Money Island Marina

Posted 3 CommentsPosted in Small Business

This past weekend we rolled back our clocks by an hour.  The concept triggered me to wish I that I could roll back my own clock by two years. On this weekend, two years ago, the residents of New Jersey’s Delaware Bay shores faced substantial damage to our homes and businesses from Sandy storm that […]

Proposed Sandy tax relief for individuals and businesses

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These measures are proposed June 2013 and appear to have a strong chance of passage. (My source is NJSCPA.org).   Individuals: Waiver of Adjusted Gross Income limitation for theft/loss deduction, so individuals can deduct the cost of uninsured losses.   Increased Charitable Contribution Limits: The legislation increases charitable deduction limits of taxpayers with respect to cash […]