On January 13, 2022, Him Das, Acting Director of the Financial Crimes Enforcement Network (FinCEN), addressed the annual Financial Crimes Enforcement Conference hosted by the American Bankers Association and American Bar Association to discuss FinCEN’s changing approach to anti-money laundering and counter-terrorist financing (AML/CFT). FinCEN
The American Bar Association Section of Taxation has announced the creation of the Loretta Collins Argrett Fellowship, a new initiative to promote diversity, equity, and inclusion in the Tax Bar. The goal of the Loretta Collins Argrett Fellowship is to identify, engage, and infuse historically
Mark Milton interviews Don Fort, former Chief of the Internal Revenue Service’s Criminal Investigation Division, about his deep expertise in financial crimes and his work on many high-profile tax crime cases over the past 30 years. Click here for The Mark Milton Show podcast. The episode is
In a recent article entitled “Social Service Nonprofits Sue City Over Pro-Union Law,” published on January 9, 2022, THE CITY reported on a pro bono case brought by Kostelanetz & Fink on behalf of The Human Services Council. According to the article, the Human Services
Don Fort was quoted in a recent Tax Notes article entitled “IRS Leverages Technology Tools to Find Taxpayers’ Cryptocurrency,” published on January 12, 2022. The article includes comments made by Fort and other participants during a January 11th webinar sponsored by the Federal Bar Association
On October 15, 2021, the IRS published a press release to announce updates to the Service’s process for maintaining answers to frequently asked questions (FAQs) about new and emerging tax legislation. In addition, the IRS also released clarification about the penalty implications for taxpayers who
Claude M. Millman was interviewed for a light-hearted article in the Wall Street Journal entitled “BlackBerry Die-Hards Struggle With Final Blow.” The article discusses BlackBerry Ltd’s decision to stop providing cell and email services as of January 4, 2022, to the once-popular BlackBerry mobile phones. Mr.
The Federal Criminal Procedure Committee of the American College of Trial Lawyers, which is chaired by Kostelanetz & Fink partner Sharon L. McCarthy, has published a guide for state and federal prosecutors “to help them comply with their Brady and Giglio obligations (“Brady/Giglio”) to ensure
Claude M. Millman was mentioned in a recent New York Times article entitled “Eric Adams Will Name Brooklyn Power Broker as Chief of Staff,” published on December 29, 2021. The article says that, in preparation for joining the administration of New York City Mayor Eric
Megan L. Brackney was quoted in a recent Tax Notes article entitled “A Look Ahead: Mo’ BBA Audits, Mo’ Problems,” published on December 30, 2021. Brackney analyzes potential issues with the implementation of Bipartisan Budget Act “BBA” procedures to IRS partnership audits. The article notes:
