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Tag: Megan L. Brackney

Megan L. Brackney Quoted In Tax Notes Article Entitled “What’s Reasonable for Late-Filed Foreign Information Returns?”

Megan L. Brackney was quoted in a recent Tax Notes article entitled “What’s Reasonable for Late-Filed Foreign Information Returns?,” published on June 7, 2021. Brackney discusses the IRS’ practice of automatically assessing penalties on taxpayers who file late international information returns. The article notes: “It’s incredibly frustrating,” said Megan L.

Megan L. Brackney Participates In A Presentation Entitled “Attorney-Client Privilege: The Tax Edition” At New York Law School’s 18th Annual Tax Lawyering Workshop

On April 30, 2021, Megan L. Brackney participates in a presentation entitled "Attorney-Client Privilege: The Tax Edition" at New York Law School’s 18th Annual Tax Lawyering Workshop. New York Law School's Professional Responsibility in Tax Workshop is an annual event put on by the Graduate Tax Program. This year’s theme

The IRS’s Assessment Of Penalties On Substitute Forms 3520-A

By Megan L. Brackney Tax Notes International, Volume 102 Issue 3 Tax Notes Federal, Volume 171 Issue 3 April 19, 2021 In recent months, we have seen several clients being heavily penalized for purportedly late filing Form 3520-A, “Annual Information Return of Foreign Trust With a U.S. Owner,” when they

Megan L. Brackney Participates In A Panel Entitled “Representing The Promoter – Fighting On Multiple Fronts” At The ABA Virtual 2021 Midyear Tax Meeting

On January 27, 2021, Megan L. Brackney participates in a panel entitled “Representing the Promoter – Fighting on Multiple Fronts” at the ABA Virtual 2021 Midyear Tax Meeting. Description: The IRS has ramped up its efforts to combat abusive or potentially abusive tax schemes. Enhanced coordination and collaboration is providing

Megan L. Brackney Teaches A Course Entitled “The Nuts and Bolts of Tax Penalties: Analyzing Types of Penalties, Potential Defenses to Penalties, and Procedures for Challenging Penalties” For Lawline

On December 7, 2020, Megan L. Brackney teaches a course entitled “The Nuts and Bolts of Tax Penalties:  Analyzing Types of Penalties, Potential Defenses to Penalties, and Procedures for Challenging Penalties” For Lawline. Course description: This program discusses tax penalties assessed against taxpayers, defenses to penalties, and the procedures for