Sharon McCarthy Also Named to Top 100 Lawyers in New York and Top 50 Women Lawyers in New York NEW YORK (September 25, 2023) — New York Metro Super Lawyers has selected 11 Kostelanetz attorneys for inclusion on its 2023 list, recognizing the firm’s experience
Garrett L. Brodeur was featured on a recent Tax Notes Talk podcast, released on September 21, 2023, titled “Cryptocurrency and the Newly Proposed Tax Rules on Digital Assets.” On the podcast, Brodeur discussed recent proposed regulations on digital asset transactions and tax information reporting by
On September 8, 2023, the IRS announced a “sweeping effort” to target America’s wealthiest taxpayers. IRS Commissioner Daniel Werfel described enforcement actions, which will be funded by the Inflation Reduction Act of 2022 and will include the scrutiny of returns filed by 75 partnerships with over $10
IRS Also Forecasts ERC Settlement Program On September 14, 2023, IRS Commissioner Danny Werfel ordered an immediate moratorium on the processing of Employee Retention Tax Credit (“ERC”) claims. According to the IRS, the moratorium will be in place through at least December 31, 2023. The moratorium
Caroline D. Ciraolo and Director of Investigations Don Fort recently attended the 40th Cambridge International Symposium on Economic Crime held at Jesus College in Cambridge University. The two delivered keynotes and moderated panel discussions about some of the biggest challenges in financial crime cases today.
NEW YORK (September 5, 2023) — Kostelanetz LLP has been recognized by International Tax Review/World Tax as a top-tier firm for tax controversy in the publication’s 2024 rankings guide. Additionally, four of the firm’s partners have been recognized as “Highly Regarded” tax controversy practitioners. Both the
Garrett L. Brodeur was quoted in an August 25th, 2023 Law360 article titled “IRS Floats First-Ever Broker Rules For Digital Asset Sales.” Treasury and the IRS recently released new proposed rules to govern transactions involving digital assets such as cryptocurrency and nonfungible tokens. Under the
Garrett L. Brodeur was quoted in an August 18th, 2023 article published in Bloomberg Tax’s Daily Tax Report titled “Crypto Tax Guidance Confusion Heralds Court Battles to Come.” Guidance from the IRS released in July states cryptocurrency tokens created through staking must be reported as
Caroline D. Ciraolo was quoted in a Tax Notes article titled “IRS Penalty Practice May Be Due for Reset,” published on August 16, 2023. The article addresses the current state of penalty administration and notes Caroline Ciraolo’s concerns regarding the Internal Revenue Service’s current approach
Caroline Ciraolo Also Selected ‘Lawyer of the Year’ NEW YORK (August 17, 2023) — Thirteen Kostelanetz attorneys, including all ten partners, have been recognized by “Best Lawyers in America®” in the 2024 edition, and Caroline D. Ciraolo has been named “Lawyer of the Year” for
