Bryan C. Skarlatos was quoted in a March 11, 2024 Tax Notes article titled “Beneficial Ownership Reporting and the Constitution” on the implications of a federal district court case ruling that the Corporate Transparency Act is unconstitutional and fails to satisfy the Commerce Clause. The
Bryan C. Skarlatos was quoted in a February 9, 2024 Wall Street Jounral article titled “An Early Bird’s Guide to Preparing Tax Returns” on recent tax return changes and steps taxpayers should take to file their 2023 tax returns. The article discusses the basics that
Daniel C. Davidson was quoted in a February 14, 2024 Law360 article titled “First Purely Tax Crypto Indictment Signals More On Tap” on the financial activities likely to capture the IRS criminal unit’s attention in the crypto sphere. The article discusses possible implications of the
NEW YORK (January 29, 2024) — Kostelanetz partner Claude Millman has been selected to City & State’s Fifty Over 50 list honoring “the contributions and legacies of fifty venerable New Yorkers,” according to City & State. The awards are also sponsored by AARP NY. Describing
Proposed Bill Would Bar ERC Claims After January 31 and Increase Promoter Penalties Today, House Ways and Means Committee Chairman Jason Smith (R-Mo.) and Senate Finance Committee Chairman Ron Wyden (D-Ore.) proposed a bipartisan bill that would bar the filing of Employee Retention Credit (“ERC”) claims after
This spring, Caroline Ciraolo and Victor Jaramillo will bring their decades of experience in federal tax enforcement and tax controversy matters to Georgetown University Law Center and Graduate Tax Program in a class entitled, “International Tax Controversy.” Professors Ciraolo and Jaramillo will concentrate the course
On December 21, 2023, the IRS announced a much-anticipated Voluntary Disclosure Program (“the Program”) that allows businesses to repay funds received as a result of filing erroneous Employment Retention Credit (ERC) claims. Program participants are required to pay back 80 percent of improper ERC refunds
BALTIMORE (December 14, 2023) — Caroline D. Ciraolo has been selected for inclusion on the 2024 Maryland Super Lawyers list as a “Top Rated Tax Attorney in Baltimore, MD.” Caroline co-founded Kostelanetz LLP’s Washington, D.C., office in 2017 and maintains an office in Baltimore to better serve Maryland-based clients.
Last week, partners and associates from Kostelanetz attended the American Bar Association’s 40th Annual National Institute on Criminal Tax Fraud and the 13th Annual National Institute on Tax Controversy. Partners Bryan C. Skarlatos, Caroline D. Ciraolo, Megan L. Brackney, and Michael Sardar, along with Director of Investigations
ERC Voluntary Disclosure Program Coming Later This Month The IRS announced today that it is sending an initial round of more than 20,000 letters disallowing questionable ERC claims. The IRS also advised that it will open a voluntary disclosure program later this month establishing procedures
