On January 9, 2023, the United States Supreme Court will hear oral argument in In re Grand Jury, a landmark case regarding a Kostelanetz client’s assertion of the attorney-client privilege during a grand-jury investigation. The Kostelanetz client asserted the attorney-client privilege over communications between the client and
BALTIMORE (December 14, 2022) — Super Lawyers has selected Kostelanetz LLP partner Caroline D. Ciraolo for inclusion on the 2023 Maryland Super Lawyers list as a “Top Rated Tax Attorney in Baltimore, MD.” Super Lawyers describes itself as a “rating service of outstanding lawyers from more than
The IRS responded swiftly to the Tax Court’s recent decision, Green Valley Investors, LLC, et al. v. Comm’r, 159 T.C. No. 5 (Nov. 9, 2022), which invalidated IRS Notice 2017-10, identifying syndicated conservation easements as “listed transactions,” on the ground that the Notice violated the
Claude M. Millman was quoted in an article in Law360 concerning pro bono litigation filed by Kostelanetz LLP, on behalf of the Human Services Council of New York and ten other nonprofits against the City of New York. The article notes: Claude M. Millman, who represents HSC, . . .
Megan L. Brackney guest authored a two-part series for the Procedurally Taxing Blog entitled “The IRS’s Aggressive Enforcement Of Foreign Information Return Penalties Has Created Ethical Dilemmas For Practitioners.” The two posts raise important questions about practitioners’ ethical responsibilities when confronting clients’ potential exposure to
Caroline D. Ciraolo shared her insight in a recent Tax Notes article by Lauren Loricchio entitled “Documents Shed Light on IRS Scrutiny of Employee Retention Credit” published on December 5, 2022. The article details the IRS’s issuance of training materials that explain how examiners should
As part of Kostelanetz’s commitment to pro bono work and giving back to the tax community, on December 5, 2022, Kostelanetz sponsored the New York County Lawyers Association’s (NYCLA) Tax Court Calendar Call Pro Bono Program. NYCLA’s U.S. Tax Court Calendar Call Pro Bono Program
Kostelanetz LLP brings extensive trial experience to its work for firm clients. Two of our ten partners — Sharon L. McCarthy and Jay R. Nanavati — are Fellows of the American College of Trial Lawyers; Best Lawyers named us “Law Firm of the Year” for
The Internal Revenue Service Advisory Council (IRSAC) serves as an advisory body to the Commissioner of the Internal Revenue Service (IRS or Service), making recommendations about tax administration and advising about the public’s expectations of the IRS. This year’s Council has 34 members with significant
On Wednesday, November 30, 2022, the United States Court of Appeals for the Third Circuit decided United States v. Banks, Case Nos. 19-3812 & 20-2235 (3d Cir. Nov. 30, 2022), a significant case in which the court, sitting en banc, held that calculation of the
