When the IRS audits a taxpayer and determines that additional tax is due, the taxpayer may be subject to penalties in addition to the tax due. Further, the tax practitioner involved in preparing that tax return may also be subject to penalties. This course covered the standards applicable to both
Ever since CI started talking about its new data analytics strategy, the division has been fielding privacy and disclosure concerns. Asked if the IRS has the right to apply its new sophisticated data analytics tools to a taxpayer’s data, Michael Sardar of Kostelanetz & Fink LLP said that the standard
Tax practitioners, even those who operate primarily in the civil space, should understand the procedures of criminal investigations and the warning signs (both from the client and the government) that a criminal referral is looming. This panel discussed issues that have the potential to influence an I.R.S. examiner’s decision to refer
By Michael Sardar The CPA Journal January 2020 Edition Cryptocurrency is here to stay. As of November 17, 2019, the top five cryptocurrencies by market capitalization had a combined value of approximately $196 billion, and consumers can now use cryptocurrency in place of legal tender at numerous online and brick-and-mortar retailers.
On January 16, 2020, Michael Sardar presented “The Updated IRS Voluntary Disclosure Practice” at the Long Island University Tax Controversy Forum. Click here for more information.
Michael Sardar participated on the panel “Criminal Tax Workshop” at the 36th Annual National Institute on Criminal Tax Fraud/The 9th Annual National Institute on Tax Controversy in Las Vegas, NV. This popular workshop teaches strategies and techniques for handling sensitive civil examinations and criminal investigations, and defending a criminal prosecution.
On December 4, 2019, Michael Sardar presented “Working with Schedule C Taxpayers Without Complete Records: Reconstruction, Estimates, and Best Practices” at the Sid Kess “Dealing with the IRS” seminar at Baruch College. In the event of a loss of client records or due to poor record keeping, a paid preparer
Tax practitioners should be mindful of their ethical obligation to report tax-related misconduct under the internal revenue laws, the Model Rules of Professional Conduct, and Circular 230. This group of experienced panelists examined when, whether, and how to complain about professional misconduct by private practice and government attorneys or the
NEW YORK CITY, NY (September 12, 2019) – Kostelanetz & Fink is pleased to announce that nine attorneys at the firm, including seven partners, have been selected for inclusion in the 2019 New York Metro “Super Lawyers” list, recognizing the firm’s experience and skill in the areas of Tax, Criminal
A panel of experts updated attendees on the latest priorities and trends in IRS criminal Enforcement, including cyber-crimes, crypto-currency, marijuana, payroll tax crimes, money laundering, and good-old-fashioned income tax evasion. Moderator: Lisa E. Perkins, Green & Sklarz LLC, West Hartford, CT Panelists: Kristina O’Connell, Special-Agent In-Charge, IRS Criminal Investigation, Boston Field
