During September’s National Small Business Week—an annual celebration of small-business entrepreneurs—the Internal Revenue Service (IRS) reminded small business owners, inter alia, of their obligation to correctly classify workers either as employees or independent contractors. See here. Significantly, the IRS also prompted small business owners to
The IRS Security Summit, a working group of the IRS, state tax agencies, and the national software industry and tax community, are urging taxpayers and tax professionals to be aware of the dangers posed by online scams and to take necessary steps to combat attacks,
Caroline D. Ciraolo was quoted in a recent Tax Notes article entitled “Streamlined Filing May Require Longer Transition Tax Lookback,” published on August 31, 2021. The article addresses the IRS recent modification of the Streamlined Filing Compliance Procedures to expand the lookback period for required
Stephen Josey has been appointed co-chair of the New York City Bar Association’s Personal Income Tax Committee, effective Sept. 1, 2021. According to the NYCBA, the Personal Income Taxation Committee “focuses on many different areas of federal and state taxation involving individuals and addresses a
Robert M. Russell was quoted in a recent Tax Notes article entitled “International Tax Draft Offers New Details, but Major Gaps Remain” published on August 26, 2021. Russell comments on the latest draft international tax proposal from Senate Finance Committee Democrats, released on August 25,
Caroline D. Ciraolo was quoted in a recent Tax Notes article entitled “Panamanian Summons Seen as Better Path to Law Firm Client Info,” published on August 11, 2021. The article addresses the John Doe summons authorized on July 15, 2021 to obtain information from third
Bryan Skarlatos recorded a seminar entitled “What Every Matrimonial Judge Should Know About a Tax Return” for the New York State Judicial Institute’s 2021 Virtual Judicial Summer Seminar. In the seminar, judges will learn how to read tax returns and find the information that is
