With the upcoming change in the federal administration on January 20, 2021, both individual and business taxpayers should be prepared for potentially major shifts in federal tax laws. A new administration often seeks to revamp federal tax statutes, but President-elect Biden’s objective for 2021 and
Robert M. Russell was quoted in a Tax Notes article entitled “Transition Tax Campaign’s Focus on E&P Concerns Practitioners,” published on December 3, 2020. Russell observes that return preparers were concerned about the starting point of determining E&P, given that taxpayers may not possess the
On November 24, 2020, Sharon L. McCarthy was appointed by the United States District Court for the Southern District of New York to serve as the Independent Hearing Officer for the District Council of New York City and Vicinity of the United Brotherhood of Carpenters
In a recent Wall Street Journal article by Tom Herman entitled “The 2020 Taxpayers End-of-Year Checklist,” Sidney Kess discusses the benefits of opening a donor-advised fund. The article notes: This is a popular, relatively simple and tax-smart way to donate to charity. It’s a “terrific”
By: Sidney Kess, Alan Gassman, and Aaron Slavutin The CPA Journal October/November 2020 From name-brand corporations like JCPenney and Neiman Marcus to small and mid-sized companies, businesses of all sizes are responding to pandemic-related lockdowns by seeking refuge in bankruptcy. Legal services provider Epiq has reported
New York (November 18, 2020) — Kostelanetz & Fink has been recognized as a “Tier 1” law firm for Commercial Litigation in the New York City Metro region by Best Lawyers in its 2021 U.S. News – Best Lawyers® edition. While 1,484 law firms in
Sharon McCarthy was selected by Super Lawyers as one of the Top 50 Women Attorneys in the New York metro area. Super Lawyers notes that, “Super Lawyers recognizes the top lawyers in New York Metro via a patented multiphase selection process involving peer nomination, independent
New York (November 9, 2020) — Kostelanetz & Fink has been selected “Law Firm of the Year” in “Litigation – Tax” by Best Lawyers for its 2021 U.S. News – Best Lawyers® “Best Law Firms” initiative. The Best Lawyers’ “Law Firm of the Year” designation is given
New York (November 5, 2020) — Kostelanetz & Fink, LLP, is pleased to announce that Lawrence (Larry) Sannicandro has joined the firm as a partner. Mr. Sannicandro has spent more than a decade advising clients on tax law and joins K&F from McCarter & English,
Robert S. Fink discussed how he convinced the Justice Department not to bring a tax case against baseball great Mickey Mantle, in a recent article in New York Super Lawyers Magazine. The article, entitled “How Robert S. Fink kept Yankees legend Mickey Mantle out of
