Kostelanetz partner Megan L. Brackney has been selected Chair-Elect of the American Bar Association (ABA) Section of Taxation for 2025-2026. The election of new Officers and Council Directors was held on August 2, 2024, at the American Bar Association’s 2024 Annual meeting in Chicago.
The continuing expansion of virtual currencies adoption and the need for financial service providers to understand how to identify cryptocurrency transactions and how to manage its potential risk is increasing. K&F Director of Investigations Don Fort participated in a webinar on February 25, 2021, entitled
NEW YORK (Sept. 3, 2025) — Kostelanetz partner Megan L. Brackney has become the new Chair of the American Bar Association’s (ABA) Tax Section for 2025-2026. Megan’s term as Chair began on Aug. 11, 2025, at the close of the ABA’s 2025 Annual meeting in
Kostelanetz Also Named “Top-Listed” Firm for Litigation and Controversy – Tax in New York NEW YORK (August 25, 2025) — Best Lawyers in America® has recognized nearly half of all Kostelanetz attorneys for its 2026 edition, naming 20 Kostelanetz lawyers to its annual list in the
Caroline Ciraolo, Sharon McCarthy, and Jay Nanavati Selected by Peers for Tax Controversy Litigation and Tax Law NEW YORK (Aug. 25, 2025) — Best Lawyers in America® has named three Kostelanetz partners as a 2026 “Lawyer of the Year.” By a vote of their peers,
Kostelanetz attorneys Megan L. Brackney, Victor Suthammanont, and Gray Proctor co-wrote an article for Tax Notes Procedurally Taxing blog titled “Does Due Process Require More Than Refund Jurisdiction Over Tax Promoter Penalties?” In the article, they discuss tax shelter promoter penalties under §6700 and how
WASHINGTON, DC (Aug. 11, 2025) — Kostelanetz LLP is pleased to announce that Karen Kelly, the immediate past head of the Department of Justice’s Tax Division, is joining the firm as a partner in our Washington, D.C., office. Karen’s practice will focus on state and
Kostelanetz LLP represented Summer, PBC, in connection with the City of New York’s expansion of a student loan reduction and college savings assistance program that will be available to all New York City residents. According to an Aug. 7, 2025, City of New York press release,
Kostelanetz partner Melissa Wiley writes in the CPA Journal about the expected fate of Treasury’s proposed regulations amending Circular 230. The proposed amendments to Circular 230, which sets standards for professionals who practice before the IRS, were published during the Biden administration just a month
Kostelanetz attorneys Megan L. Brackney, Victor Suthammanont, and Mac Norman co-wrote an article for Tax Notes’s Procedurally Taxing blog entitled “Do Promoter Penalties Trigger the Right to a Jury Trial After Jarkesy?” The article explores whether, in light of the Supreme Court’s holding in SEC
Four Partners Also Named Leading Lawyers for High-Net-Worth Private Clients NEW YORK (July 28, 2025) — Chambers and Partners has recognized Kostelanetz LLP as a top-tier, Band 1 firm for high net worth tax clients in its 2025 High Net Worth (HNW) Guide. In addition to the firm’s
Kostelanetz attorneys Caroline D. Ciraolo, Andrew Weiner, and Michael Waalkes recently asked the Fourth Circuit to reverse and remand a U.S. Tax Court ruling that denied a request for innocent spouse relief. In LaRosa v. Commissioner (No. 24-2034), Kostelanetz argues that liabilities consisting of an erroneous refund
