IRS Names Employee Retention Credit Promotions To Its 2023 Dirty Dozen, Enforcement Actions Likely
On March 20, 2023, the IRS named widespread claims promoting Employee Retention Credits (ERC) to ineligible employers as the first entry on its 2023 Dirty Dozen list. This announcement follows three warnings issued by the IRS over the past six months related to the ERC
Claude Millman Again Named To City & State NY’s “Law Power 100”
Kostelanetz dubbed “a go-to representative for contractors with New York City and state” NEW YORK (March 20, 2023) — Kostelanetz LLP partner Claude M. Millman has been recognized by City & State NY’s “Law Power 100” list for a fourth year in a row. City & State NY also dubbed Kostelanetz as “a
“Rule 23(a) of the Federal Rules of Criminal Procedure Should be Amended to Eliminate the Requirement that the Government Consent to a Defendant’s Waiver of a Jury Trial” Published By American College Of Trial Lawyers
The Federal Criminal Procedure Committee of the American College of Trial Lawyers, now chaired by Steptoe & Johnson partner Brian Heberlig, who succeeded Kostelanetz partner Sharon L. McCarthy in that role, has published a white paper proposing an amendment to Fed. R. Crim. P. 23(a) to eliminate
IRS Renews Warnings On Fraud and Abuse In Employee Retention Credit Program
On March 7, 2023, the IRS issued IR-2023-40, its third warning in six months related to fraud and abuse in the Employee Retention Credit (“ERC”) program. The ERC, created under the CARES Act to assist businesses that continued to pay their employees during the COVID-19
Kostelanetz News Brief: TIGTA Provides Recommendations On Improving The IRS Appeals Process
The Treasury Inspector General for Tax Administration (TIGTA) recently released a report that provided several recommendations for improving the IRS Appeals process for taxpayers. TIGTA’s report, released Feb. 10, 2023, evaluated how well the IRS Independent Office of Appeals (IRS Appeals) has implemented and complied
Supreme Court Issues Groundbreaking Decision on FBAR Penalties
On February 28, 2023, the U.S. Supreme Court issued a groundbreaking decision in the case of Alexandru Bittner v. United States (No. 21-1195), holding that the penalty for a non-willful failure to file a Report of Foreign Bank and Financial Accounts (FBAR) applies on a
Tax Penalties To Avoid: Taxes Are High Enough Already
Kostelanetz LLP 2022 Pro Bono Report
Liz Grant Featured In Mock Trial Masterclass Podcast Titled “How to Practice and Prepare for Mock Trial Tournaments””
Paralegal Liz Grant was featured in Mock Trial Masterclass, a podcast that provides public speaking and mock trial guidance to students and coaches. This episode, titled “How to Practice and Prepare for Tournaments” focuses on how individual students and mock trial teams can improve their