Claude M. Millman was quoted in a September 21, 2023 City & State New York article titled “City & State’s Government Procurement conference focuses on modernization.” City leaders, lobbyists and procurement specialists gathered at the Museum of Jewish Heritage for City & State’s Government Procurement
Bryan C. Skarlatos was quoted in an October 5th, 2023 article published in The Wall Street Journal titled “IRS Fight Against Pandemic Tax-Credit Scams Won’t Be Simple or Fast.” The Internal Revenue Service has labeled promoters of a popular pandemic-era tax credit, employee-retention credits, or
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
By Caroline Rule ABA Tax Times Volume 42, No. 4 – Summer 2023 In the next Supreme Court term, the Justices will hear argument on whether the Mandatory Repatriation Tax (MRT), violates the Sixteenth Amendment. Depending on how the Court decides this issue, the case
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
By Sharon L. McCarthy and Daniel C. Davidson New York Law Journal September 15, 2023 “Attorney-client privilege is dead!” So declared then-President Donald Trump in a tweet after a 2018 law enforcement raid on his former lawyer Michael Cohen’s office. In fact, various investigations into
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.
