On January 23, 2025, the U.S. Supreme Court stayed a nationwide preliminary injunction barring the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) from enforcing the Corporate Transparency Act of 2021 (CTA). While that theoretically allowed for enforcement to move forward, the CTA remains stayed due to another
Kostelanetz counsel Usman Mohammad’s oral argument before the U.S. Court of Appeals for the D.C. Circuit was discussed in a recent Law360 article titled, “Dutch Bank Exec Gave IRS Good Tax Tip, DC Circ. Judge Says.” The appeal deals with the denial of a whistleblower award to Kostelanetz client Joseph
Caroline Rule was quoted in a recent Bloomberg Tax article about the broad implications of a corporate tax loophole that the U.S. Tax Court upheld in its August 2024 decision in Varian Medical Systems Inc. v. Commissioner, 163 T.C. No. 4. The article, titled “Cisco, Booking Get Big Tax Benefits
Sharon McCarthy Also Named to Top 50 Women Lawyers in New York NEW YORK (October 25, 2024) — Eleven Kostelanetz attorneys have been named to New York Metro Super Lawyers for 2024 for their experience and skill in the areas of Tax, Criminal Defense: White Collar, and Business Litigation. In addition, partner Sharon L. McCarthy has
Kostelanetz LLP Partner Caroline Rule was recently quoted in Bloomberg Tax after speaking with senior reporter Michael Rapoport regarding the Varian ruling, a hot-button issue in international tax compliance for corporations. Varian Medical Systems Inc. v. Commissioner, 163 T.C. No. 4, was decided on August 26, 2024. Varian’s victory in
NEW YORK (August 15, 2024) — Best Lawyers in America® has recognized 15 Kostelanetz attorneys for its 2025 edition. Individual lawyers at Kostelanetz LLP have been recognized for their work in the firm’s key practice areas of tax law, tax controversy, and tax fraud, including litigation; white-collar criminal defense; commercial litigation; and trusts
NEW YORK (November 2, 2023) — Kostelanetz LLP has been recognized for its “professional excellence” in all of our firm’s primary practice areas — Tax Law; Litigation and Controversy – Tax; Criminal Defense: White-Collar; Commercial Litigation; and Trusts & Estates — by the 2024 U.S. News – Best Lawyers® “Best Law Firms” list. The 2024 U.S.
Sharon McCarthy Also Named to Top 100 Lawyers in New York and Top 50 Women Lawyers in New York NEW YORK (September 25, 2023) — New York Metro Super Lawyers has selected 11 Kostelanetz attorneys for inclusion on its 2023 list, recognizing the firm’s experience and skill in the areas
By Caroline Rule ABA Tax Times Volume 42, No. 4 – Summer 2023 In the next Supreme Court term, the Justices will hear argument on whether the Mandatory Repatriation Tax (MRT), violates the Sixteenth Amendment. Depending on how the Court decides this issue, the case could be the most important
Caroline Ciraolo Also Selected ‘Lawyer of the Year’ NEW YORK (August 17, 2023) — Thirteen Kostelanetz attorneys, including all ten partners, have been recognized by “Best Lawyers in America®” in the 2024 edition, and Caroline D. Ciraolo has been named “Lawyer of the Year” for Litigation and Controversy – Tax
