Last week, partners and associates from Kostelanetz attended the American Bar Association’s 40th Annual National Institute on Criminal Tax Fraud and the 13th Annual National Institute on Tax Controversy. Partners Bryan C. Skarlatos, Caroline D. Ciraolo, Megan L. Brackney, and Michael Sardar, along with Director of Investigations Don Fort, each led panels
ERC Voluntary Disclosure Program Coming Later This Month The IRS announced today that it is sending an initial round of more than 20,000 letters disallowing questionable ERC claims. The IRS also advised that it will open a voluntary disclosure program later this month establishing procedures for those who received payments
On November 22, 2023, the U.S. Treasury Department Financial Crimes Enforcement Network (FinCEN) issued an alert urging financial institutions to be vigilant about identifying and reporting possible fraud schemes related to the COVID-19 Employee Retention Credit (ERC). FinCEN issued the alert “in close coordination” with IRS Criminal Investigation (CI). FinCEN
Heather Fincher will participate in a panel titled “Where in the World…? Recent Updates in International Information Return Caselaw and Practice” hosted by the D.C. Bar on January 24, 2024. The conference will be held virtually. Event Description: Tax controversy professionals – including the current National Taxpayer Advocate – have
Andy Weiner was quoted in an article published by The Washington Post on November 27, 2023, titled “This lawsuit could disrupt the U.S. tax system. Key facts are in dispute.” The article discusses Charles G. Moore et al. v. United States (No. 22-800) in the Supreme Court that challenges the transition
Jay Nanavati presented “Puerto Rico Tax Strategies: Acts 20/22/60” at the 2023 AICPA & CIMA National Tax & Sophisticated Tax Conference on November 14th, 2023. The conference was held both in-person and virtually. The events were hosted at the Omni Shoreham Hotel in Washington, DC. Event Description: This session will
On October 24, 2023, Jay R. Nanavati delivered a lecture on “The Corporate Transparency Act and Treasury’s Beneficial Ownership Disclosure Rules” to the Wilmington Tax Group at the University and Whist Club in Wilmington, Delaware. Click here to learn more about the Wilmington Tax Group and click here to view
Kostelanetz attorneys will participate in a variety of panels and presentations at the 40th Annual National Institute on Criminal Tax Fraud and the 13th Annual National Institute on Tax Controversy in Las Vegas, NV on December 7-9, 2023. Thursday, December 7, 2023 2:30 pm – 5:00 pm (PST): Michael Sardar
NEW YORK (November 2, 2023) — Kostelanetz LLP has been recognized for its “professional excellence” in all of our firm’s primary practice areas — Tax Law; Litigation and Controversy – Tax; Criminal Defense: White-Collar; Commercial Litigation; and Trusts & Estates — by the 2024 U.S. News – Best Lawyers® “Best Law Firms” list. The 2024 U.S.
Jay R. Nanavati and Andrew Weiner present on a panel at the Maryland Association of CPAs 2023 Advanced Tax Institute on November 7, 2023. Event Description: This panel demystifies the audit process and prepares you for the next time your client receives a dreaded IRS audit letter. You will learn
