Bryan C. Skarlatos

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New York City

For more than thirty-five years, Bryan C. Skarlatos has represented corporations and individuals in sensitive matters, many of which involve negotiation or litigation with government agencies. He has significant experience in federal and state tax audits, appeals and litigation, criminal tax investigations and white-collar criminal prosecutions. Mr. Skarlatos also has an active practice providing tax and estate planning advice.

For more than thirty-five years, Bryan C. Skarlatos has represented corporations and individuals in sensitive matters, many of which involve negotiation or litigation with government agencies. He has significant experience in federal and state tax audits, appeals and litigation, criminal tax investigations and white collar criminal prosecutions. Mr. Skarlatos also has an active practice providing tax and estate planning advice.

Mr. Skarlatos is nationally and internationally recognized for his work representing taxpayers in civil audits, criminal investigations and voluntary disclosures. He has handled hundreds of voluntary disclosures involving both domestic income and foreign assets and he counsels corporations and individuals from around the world on how to come into compliance with U.S. tax law.

Mr. Skarlatos has been an adjunct professor at New York University School of Law for nearly twenty years where he teaches a class on Tax Penalties, Prosecutions and Procedures. He has developed an expertise in handling high stakes tax cases that could involve penalties or other sensitive issues. He is often retained by corporate taxpayers to evaluate the strength of tax positions for tax and financial reporting purpose and to advise on potential remedial actions, including corporate voluntary disclosures.

Mr. Skarlatos has been recognized by Super Lawyers as one of the Top 100 Lawyers in New York and in Best Lawyers in America where he was named “Lawyer of the Year” (Tax Litigation, New York) in 2014 and 2017. He is also ranked Band One of Chambers USA: Americas Leading Lawyers for Business, which has described him as having a “smart reassuring presence with insight into the government…extremely knowledgeable and very well connected to the various tax authorities…Clients applaud him as being exceptionally brilliant at coming up with great outcomes.”

Mr. Skarlatos is often retained as an expert in tax reporting standards and tax penalties by professionals, firms, and taxpayers accused of violating those standards. Mr. Skarlatos has been hired as an expert on criminal tax issues by a state prosecutor’s office and a foreign government. He has also testified before the U.S. House of Representatives Ways and Means Committee as an expert on tax penalties.

Mr. Skarlatos is also very experienced in tax whistleblower matters and represents both taxpayers accused of wrongdoing by whistleblowers as well as whistleblowers themselves in claims before federal and state tax authorities. Mr. Skarlatos testified before the Internal Revenue Service regarding the IRS whistleblower law and was retained by Senator Charles Grassley, the drafter of the IRS whistleblower law, to write an amicus brief on behalf of the Senator in the D.C. Circuit Court of Appeals.

Dickinson School of Law of the Pennsylvania State University, J.D. (1985); cum laude; Dickinson Law Review; Managing Editor, Dickinson Journal of International Law, Woolsack Honor Society;

New York University School of Law, LL.M (1991) (Taxation)

S.D.N.Y., 1987

E.D.N.Y., 1987

N.D.N.Y., 1987

U.S. Tax Court, 1987

Third Cir. Court of Appeals, 1987

Court of Federal Claims, 1996

Second Cir. Court of Appeals, 1998

N.D. Texas, 2006

Mr. Skarlatos has represented hundreds of taxpayers in civil tax audits and in Tax Court. Many of his cases have involved potential tax liabilities of more than $100 million.
Mr. Skarlatos has represented hundreds of taxpayers being investigated by the Department of Justice for tax-related issues, including alleged failures to report domestic and foreign income and off-shore assets. Mr. Skarlatos has represented hundreds of taxpayers who have voluntarily disclosed to the IRS well over $1 billion in off-shore bank accounts and related income tax liabilities.
Mr. Skarlatos represents several individuals who are being civilly audited or criminally investigated by the IRS in connection with crypto-currency investments and transactions.
Mr. Skarlatos obtained a sentence of less than ninety days time served for a client accused of one of the largest art fraud cases in history. The case is now the subject of the Netflix documentary Made You Look: A True Story About Fake Art.
Mr. Skarlatos obtained Deferred Prosecution Agreements from the Department of Justice for three Swiss financial institutions as part of the Swiss Bank Voluntary Disclosure Program.
Mr. Skarlatos successfully avoided indictment for several witnesses in regulatory investigations into trading practices at large financial institutions.
Mr. Skarlatos represents a large partnership in a withholding tax audit involving more than $50 million paid to foreign payees.
Mr. Skarlatos represents several professional firms in connection with material advisor and promoter penalty audits and has successfully settled some of those matters for little or no penalties.
Mr. Skarlatos has helped clients structure their affairs to avoid violating restrictions imposed by the Office of Foreign Assets Control.
Mr. Skarlatos has represented many individuals accused of money laundering and Bank Secrecy Act violations.
Mr. Skarlatos represents several whistleblowers who have reported to the IRS Whistleblower Office many billions of dollars in unpaid income taxes.
Mr. Skarlatos represented a well-known businessman in a Tax Court case in which the IRS claimed more than $130 million in taxes and penalties relating to alleged personal benefits from related-party transactions and settled the case for pennies on the dollar.
Mr. Skarlatos represented a famous politician from a foreign country who was indicted in the United States for allegedly depositing stolen money in a bank account in New York.
Mr. Skarlatos represented a hedge fund manager against whom the IRS attempted to impose a multi-million dollar tax-fraud penalty and successfully avoided imposition of the penalty.
Mr. Skarlatos has been hired by private equity funds to represent their portfolio companies in connection with various federal tax issues. Mr. Skarlatos obtained a sentence of probation for the owner of a construction company who was investigated by the United States Attorney’s Office for the Eastern District of New York for criminal tax evasion.
Mr. Skarlatos helped an investment fund avoid tens of millions of dollars of penalties relating to its failure to withhold taxes on payments to U.S. taxpayers.
Mr. Skarlatos convinced the United States Attorney’s Office to withdraw a filed indictment against a real estate developer who had not filed income tax returns for many years.
Mr. Skarlatos successfully resolved the audit of a wealthy investor who donated a conservation easement on undeveloped land in upstate New York.
Mr. Skarlatos’ client, the owner of a large construction company, was cleared of all criminal and civil fraud charges relating to personal expenses charged to his business.
Mr. Skarlatos negotiated a favorable resolution of civil forfeiture charges arising from a client’s alleged money laundering activity.

Mr. Skarlatos created and co-chairs the annual New York University Tax Controversy Forum. He also is co-chair of the Compliance Practice and Procedure Committee of the New York State Bar Association Tax Section and he is a former chair of the Civil and Criminal Tax Penalties Committee of the American Bar Association, the Personal Income Tax Committee of the New York City Bar Association and the Tax Committee of the New York County Lawyer’s Association. Mr. Skarlatos is on the board of directors of the annual New York University Graduate Tax Institute, where he chairs a program on Ethics in Tax Practice, and he has been nominated to serve on several bar association task forces, including the New York State Bar Association task force on Attorney Client Privilege and the American Bar Association task forces on Tax Shelters, Circular 230, and Ethics 2000.

Mr. Skarlatos is on the Advisory Board of the Journal of Tax Practice and Procedure for which he writes a regular column on Tax Penalties and he is on the board of editors of the Practical Tax Lawyer. He frequently speaks on topics related to civil and criminal tax controversies, including lectures for the IRS, New York University Institute on Federal Taxation, the American Bar Association, the New York State Bar Association, the New York Country Lawyer’s Association, the Connecticut State Bar Association, the Tax Executives Institute, the Practicing Law Institute, the Bureau of National Affairs, the American Institute of Certified Public Accountants, and the New York State Society of Certified Public Accountants. Mr. Skarlatos has written several articles for various law reviews and journals and he was co-author of a regular column in the New York Law Journal entitled, “Tax Litigation Issues.”

Playing Catch With A Hand-Grenade: How To Deal With An Unreported Foreign Bank Account In A Divorce
April 13, 2021
THIS IS PRIVILEGED, RIGHT? ATTORNEY-CLIENT COMMUNICATIONS IN THE TAX RETURN PREPARATION CONTEXT
November 30, 2019
To Amend Or Not To Amend: Correcting Non-compliance On Past Returns
March 1, 2019
Federal Courts Disagree On Whether The 50% Willful FBAR Penalty Is Illegal
October 22, 2018
Choice Of Forum Matters: Tax Court And District Court Reach Different Conclusions On Same Facts Regarding Penalties
November 1, 2017
Using Bitcoin To Buy A Sandwich Could Trigger A Tax Bill
October 23, 2017
When Should A Taxpayer Know That A Tax Shelter Is Too Good To Be True?
July 30, 2017
Can The Code Sec. 6700 Tax Shelter Promoter Penalty Apply To Everyday Tax Advice?
October 16, 2016
Can An Innocent Taxpayer Be Subject To An Unlimited Statute Of Limitations Because Of The Return Preparer’s Fraud?
January 1, 2014
Can An Innocent Taxpayer Be Subject To An Unlimited Statute Of Limitations Because Of The Return Preparer’s Fraud?
January 1, 2014
Will I Be Sued? Potential Civil Liability Of The Tax Matters Partner
September 1, 2013

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