Don Fort was quoted in a recent Tax Notes article entitled “IRS Leverages Technology Tools to Find Taxpayers’ Cryptocurrency,” published on January 12, 2022. The article includes comments made by Fort and other participants during a January 11th webinar sponsored by the Federal Bar Association
On October 15, 2021, the IRS published a press release to announce updates to the Service’s process for maintaining answers to frequently asked questions (FAQs) about new and emerging tax legislation. In addition, the IRS also released clarification about the penalty implications for taxpayers who
Claude M. Millman was interviewed for a light-hearted article in the Wall Street Journal entitled “BlackBerry Die-Hards Struggle With Final Blow.” The article discusses BlackBerry Ltd’s decision to stop providing cell and email services as of January 4, 2022, to the once-popular BlackBerry mobile phones. Mr.
The Federal Criminal Procedure Committee of the American College of Trial Lawyers, which is chaired by Kostelanetz & Fink partner Sharon L. McCarthy, has published a guide for state and federal prosecutors “to help them comply with their Brady and Giglio obligations (“Brady/Giglio”) to ensure
Claude M. Millman was mentioned in a recent New York Times article entitled “Eric Adams Will Name Brooklyn Power Broker as Chief of Staff,” published on December 29, 2021. The article says that, in preparation for joining the administration of New York City Mayor Eric
Megan L. Brackney was quoted in a recent Tax Notes article entitled “A Look Ahead: Mo’ BBA Audits, Mo’ Problems,” published on December 30, 2021. Brackney analyzes potential issues with the implementation of Bipartisan Budget Act “BBA” procedures to IRS partnership audits. The article notes:
Claude M. Millman was quoted in a recent New York Post article entitled “De Blasio Admin’s $34B Health Insurance Contract Doesn’t Add Up: Rival Bidder,” published on November 28, 2021. In the article, Millman comments on the City of New York’s recent procurement of a
The Internal Revenue Service Advisory Council (“IRSAC”) issued its yearly Public Report (the “2021 report”) on November 17, 2021, outlining recommendations to the IRS on new and ongoing tax administration issues. The purpose of IRSAC is to provide the Commissioner of the IRS with policy
Megan L. Brackney was quoted in a recent Tax Notes article entitled “Implementing the New Crypto Reporting Guidance,” published on November 22, 2021. Brackney analyzes the IRS’s existing verification rules for cash in 26 CFR 1.6050I in consideration of potential new verification rules for digital
Caroline D. Ciraolo was quoted in a recent Tax Notes article entitled “IRS Wants Seat at Debtors’ Bankruptcy Proceedings,” published on November 16, 2021. The article explores new IRS plans for agents to attend debtor-creditor negotiations in bankruptcy proceedings. The article notes: Guillot and Ciraolo
