Sharon L. McCarthy participated in a panel titled "Enforcement Against Tax Evaders: What Does It Mean For Asia's Financial Centres?" at the 3rd Annual GIR Live Hong Kong
US enforcement officials are looking for tax evaders with greater intent than ever before, and in some new jurisdictions. Asia in particular is feeling the brunt, on the heels of the "Panama Papers", the 1MDB matter, and now the US "Swiss Bank Programme" is concluded. This in turn has ramifications for banks in the regions, their employees, their clients and the lawyers who represent both. This panel explored that ripple effect. To what extent does the pursuit of an individual customer for tax evasion trigger a host of problems for banks, and is there anything they can do to minimize the backwash?
Caroline D. Ciraolo participated in a panel titled "Trends in Tax Transparency and Enforcement" at the Association of Certified Financial Crime Specialists (ACFCS) 2017 Financial Crime Conference ("Staying Ahead Of The Curve")
Our expert panel considered the trends of tax transparency, including automatic exchange of information, entity transparency, and exchange of beneficial ownership information.
Dean Anthony W. Crowell and Professor Ross Sandler, Director cordially invited tax professionals to the 146th CityLaw Breakfast.
Caroline D. Ciraolo participated in a panel titled "Discussing Offshore Tax Enforcement" at the D.C. Bar Tax Audits and Litigation Committee
This program served as Part 2 of 7 in the Tax Audits and Litigation Lunch Series and Part 2 of 6 in the International Tax Lunch Series.
By Jerald David August
The CPA Journal
October 2017 Edition
Tax advisors of estates are generally aware that the executor or personal representative of the estate is personally liable for the payment of federal estate taxes not only with respect to the probate estate, but also for estate taxes attributable to other assets includible in the taxable estate [Internal Revenue Code (IRC) section 2202;
On October 11, 2017, the Fordham Stein Prize was awarded to Anthony M. Kennedy, Associate Justice of the United States Supreme Court.
U.S. Treasury Department Issues Second Report On Identifying And Reducing Tax Regulatory Burdens: Repeal Of Section 2704 Regulations And Revisions Pending To The Regulations Issued On Partnership Debt
As recently set forth in a post to K&F, LLP Business and International Tax Developments, in Executive Order 13789, President Trump directed the Treasury Department to undertake a detailed review of certain tax regulations projects that were either in proposed or final form on or after January 1, 2016 that imposed financial burdens on U.S. taxpayers, overly complicate the Federal tax laws, or exceed the statutory authority of the IRS in issuing regulations and report back to the President on its recommendations.
Bryan C. Skarlatos presented "How Sure Do You Have to Be? Ethical And Penalty Standards For Taking Positions On Tax Returns" at UJA Federation Of NY
Mr. Skarlatos shared his extensive knowledge with those in attendance.
Jerald David August participated in a panel titled "Application of the New Partnership Audit Rules to Corporations" at the Philadelphia Tax Executives Institute
Mr. August will be presented two panels at this event. The first being “Application of the New Partnership Audit Rules to Corporations” from 12:30p.m. to 1:20p.m.
Caroline Rule participated in a panel titled “How You Can And Cannot Use Information That You Learn When Preparing Returns, Including In Advertising Your Service Plus Other Ethical Issues” at the Zicklin Executive Taxation Series
The Executive Taxation Series is offered by the Zicklin School of Business in partnership with the Division of Continuing Professional and Professional Studies at Baruch College.