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
As part of a broader effort reflected by the Corporate Transparency Act to combat the use of shell companies for illicit purposes, the Financial Crimes Enforcement Network within Treasury, or FinCEN, issued FinCEN Notice FIN-2023-NTC1 (Aug. 15, 2023) designed to promote reporting by U.S. financial institutions regarding
By Daniel Cady Davidson New York State Bar Association Journal August 16, 2023 For the trial attorney, familiarity with prosecution witnesses’ statements is fundamental to effective trial preparation. A recent federal health care fraud case in Texas (U.S. v. Swiencinski) underscores just how critical it
By Sharon McCarthy and Christopher Ferguson American Bar Association Criminal Justice Section, The White Collar Crime Committee Newsletter Summer/Fall 2023 Edition We are all familiar with the aphorism that those who forget history are condemned to repeat it. The Department of Justice’s (“DOJ” or the
Stephen A. Josey, Counsel at Kostelanetz LLP, was quoted in a Bloomberg Tax article titled “New Jersey Doubles Down in Fighting New York Remote-Work Tax,” published on August 7th, 2023. The article discusses New York’s “convenience of employer” rule, which sources income to the place
More than four years ago, the Internal Revenue Service (“IRS”) expressed serious concern about monetized installment sales that, through the use of an intermediary and an installment note, purport to defer recognition of gain and income tax due on the sale of appreciated assets despite
Kostelanetz LLP is a proud sponsor of Heather Fincher‘s new podcast, “Powerful Professional Women.” The first two episodes of “Powerful Professional Women” feature conversations between Heather Fincher and Caroline Ciraolo. Episode 1, “On Connections with Caroline Ciraolo,” launched on July 31, 2023. Click here to listen to the full episode.
Garrett L. Brodeur was quoted in a recent Tax Notes article titled “Senators Push IRS for Timeline on Delayed Crypto Guidance,” published on August 3, 2023. On August 1, 2023, Senators Elizabeth Warren (D-MA), Bob Casey Jr. (D-PA), Richard Blumenthal (D-CT), and Bernie Sanders (I-VT)
