Garrett L. Brodeur has been named to a one-year term on the ABA Tax Section’s Diversity in the Profession Committee (“DIPC”), effective September 1, 2023. The DIPC was established in 2018 as a general advisory group to promote and steer initiatives related to diversity, equity,
Executive Director of Firm’s Pro Bono Client, Human Services Council, Also Nominated For Her DEI Work NEW YORK (April 24, 2023) — Chambers USA has shortlisted Kostelanetz LLP for its 2023 Pro Bono: Outstanding Firm award, identifying Kostelanetz’s pro bono program as within the nation’s
Megan L. Brackney and Melina Watson guest authored an article for the Procedurally Taxing Blog entitled “Neo-TikTok-Tology,” about the challenges associated with receiving tax advice from purported experts on the social media platform TikTok. In addition to discussing the range of good and bad tax advice available on
On April 5, 2023, the IRS announced the final entries to its annual Dirty Dozen list for 2023, sounding the alarm about various schemes and potentially abusive transactions that target taxpayers and businesses all year round, but particularly during tax season. The list warns of
In 2021, the U.S., along with 136 other countries, reached an agreement negotiated by the Organization for Economic Co-operation and Development (OECD), of which the U.S. is a member, the Base Erosion and Profit Shifting Project (BEPS), aimed at correcting global tax inequities enjoyed by
Tax Notes consulted Kostelanetz associate Garrett L. Brodeur for comments on the tax implications of the new Starbucks rewards program called Odyssey, which utilizes non-fungible tokens (NFTs). The use of NFTs introduces a variety of tax questions, which may remain unanswered until the IRS issues additional
On March 23, 2023, the IRS included improper fuel tax credit claims in its growing 2023 Dirty Dozen list of abusive tax scams. IR-2023-55. The fuel tax credit is reserved for off-highway businesses and farming use and is claimed by filing Form 4136, Credit for
