Kostelanetz LLP brings extensive trial experience to its work for firm clients. Two of our ten partners — Sharon L. McCarthy and Jay R. Nanavati — are Fellows of the American College of Trial Lawyers; Best Lawyers named us “Law Firm of the Year” for
The Internal Revenue Service Advisory Council (IRSAC) serves as an advisory body to the Commissioner of the Internal Revenue Service (IRS or Service), making recommendations about tax administration and advising about the public’s expectations of the IRS. This year’s Council has 34 members with significant
On Wednesday, November 30, 2022, the United States Court of Appeals for the Third Circuit decided United States v. Banks, Case Nos. 19-3812 & 20-2235 (3d Cir. Nov. 30, 2022), a significant case in which the court, sitting en banc, held that calculation of the
Bryan C. Skarlatos was quoted in a recent Wall Street Journal article entitled “Taxes After Marriage: How to Navigate the Confusing Consequences” published on November 25, 2022. The article details the tax implications of marriage for couples affected by the marriage penalty and the marriage
Don Fort was quoted in a recent Wall Street Journal article entitled “First Came the Crypto Crash. Now Comes the Taxman.” published on November 11, 2022. The article notes: “The IRS has already used this strategy, called a John Doe summons, to pursue crypto tax
On November 9, 2022, the U.S. Tax Court dealt a powerful blow to the IRS’s ongoing attacks on charitable deductions related to syndicated conservation easements. In Green Valley Investors, LLC, et al. v. Comm’r, 159 T.C. No. 5, a ruling supported 15-2 by the Court’s
In its October 18, 2022, Tax Tip (Tax Tip 2022-159), the IRS encourages individuals and businesses with outstanding federal tax debt to consider an Offer in Compromise (“OIC”). Through an OIC, a taxpayer may apply to enter an agreement with the IRS to settle a
Kostelanetz LLP believes that the quality of its client service is enhanced through its investments in team building and professional development. So, in October, the entire firm (lawyers, paralegals, and staff) departed simultaneously on buses from our New York City and Washington, D.C., offices and
NEW YORK (November 7, 2022) — Kostelanetz LLP has been recognized for its “professional excellence” in Tax Law, Litigation – Tax, Commercial Litigation, and Criminal Defense: White Collar by the 2023 U.S. News – Best Lawyers® “Best Law Firms” list. In addition, the firm has been recognized
