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.
Caroline D. Ciraolo and Don Fort present on several panels at the 60th Annual Hawaii Tax Institute Conference in Honolulu, Hawaii on November 5-9. CLE credit is offered for this event. Monday, November 6 4:00 pm – 4:45 pm (HST): Don Fort participates in a panel titled “Understanding the Sandbox
The Internal Revenue Service has announced the much-anticipated procedures by which employers that applied for the Employee Retention Credit (“ERC”) can withdraw their claims. According to the IRS, many of the 3.6 million ERC claims filed are improper, due in part to misleading claims about the ERC program. Through the
Megan L. Brackney and Stephen A. Josey will present on a webinar titled “Criminal Tax Investigations and Procedures: What Practitioners Need to Know” for the New York County Lawyers Association on November 1, 2023. CLE and CPE credit are offered for this event. Event Description: This course will provide foundational
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
Kostelanetz attorneys will participate in a variety of panels and presentations at the ABA Tax Section’s Virtual 2023 Fall Tax Meeting on October 16-20, 2023. Tuesday, October 17, 2023 2:30 pm – 3:00 pm: Michael Sardar presents on International Tax Enforcement during the “Reports of Subcommittees on Important Developments” section
On September 8, 2023, the IRS announced a “sweeping effort” to target America’s wealthiest taxpayers. IRS Commissioner Daniel Werfel described enforcement actions, which will be funded by the Inflation Reduction Act of 2022 and will include the scrutiny of returns filed by 75 partnerships with over $10 billion in assets; 500 partnerships
IRS Also Forecasts ERC Settlement Program On September 14, 2023, IRS Commissioner Danny Werfel ordered an immediate moratorium on the processing of Employee Retention Tax Credit (“ERC”) claims. According to the IRS, the moratorium will be in place through at least December 31, 2023. The moratorium is the IRS’s boldest step
Caroline D. Ciraolo and Director of Investigations Don Fort recently attended the 40th Cambridge International Symposium on Economic Crime held at Jesus College in Cambridge University. The two delivered keynotes and moderated panel discussions about some of the biggest challenges in financial crime cases today. On September 3, Don delivered
By Andrew Weiner and Jay R. Nanavati Law360 September 6, 2023 On Aug. 15, the Financial Crimes Enforcement Network within the U.S. Department of the Treasury issued Notice FIN-2023-NTC1 to advise U.S. financial institutions of the need to report payroll tax evasion and workers’ compensation fraud involving shell companies prevalent
