The Attorneys at Kostelanetz & Fink, LLP continuously participate in numerous events nationally and locally, as well as host educational events for professionals at the New York City office location. Feel free to check our site frequently for upcoming events that the firm will be participating in and hosting.
Caroline D. Ciraolo will participate in a panel titled "Trends in Tax Transparency and Enforcement" at the Association of Certified Financial Crime Specialists (ACFCS) 2017 Financial Crime Conference
Our expert panel will consider the trends of tax transparency, including automatic exchange of information, entity transparency, and exchange of beneficial ownership information. They’ll also discuss prosecutions of enablers, due diligence standards for financial institutions and gatekeepers, and the interplay between tax transparency, anti-money laundering, and anti-corruption initiatives.
Sharon L. McCarthy will speak on the panel "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 will explore 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 minimise the backwash?
Bryan C. Skarlatos will present "Exploring the Limits of the Evolving Economic Substance and Business Purpose Doctrines and Related Ethics Issues" at PLI Tax Strategies 2017
Exploring the Limits of the Evolving Economic Substance and Business Purpose Doctrines and Related Ethics Issues - Recent cases and guidance; when to apply which doctrine; the two-prong test (the objective component and the subjective component) of the codified economic substance doctrine.
Caroline D. Ciraolo will participate in a panel titled “From the Experts: IRS Representation Tools, Techniques, and Defensive Strategies – Civil & Criminal Tax Update” at the NYU 76th Institute on Federal Taxation
Tips from the tax trenches from leading tax controversy practitioners in an open discussion regarding pending IRS enforcement priorities and initiatives including the ongoing IRS Offshore Voluntary Disclosure Program / Streamlined Procedures re: FBARs and the Swiss Bank Program, effectively responding to IRS information document requests in the new enforcement environment, hot topics and enforcement priorities within the IRS Small Business and Self Employed Division and the IRS Large Business & International Division.
Caroline D. Ciraolo will participate in a panel titled "Voluntary Disclosures - Righting Past Wrongs", at the Tax Executives Institute 72nd Annual Conference
Click here to view the agenda of the conference.
Bryan C. Skarlatos will present "Ethical Issues Raised by 'Transaction of Interest' Classifications" at the 52nd Annual Southern Federal Tax Institute
In the waning hours of the Obama administration, the IRS published two retroactive “transaction of interest” notices that arguably thwart two statutory inducements: Section 831(b) small captive insurance companies, and syndications of Section 170(h) conservation easements.
Jerald David August will present "Choice Of Entity For Owners Of A Closely Held Business With Tax Legislation On The Horizon" at the NYU 76th Institute on Federal Taxation
This presentation explores the various factors involved in advising clients on choice of entity decisions, including conversions of tax status and their tax impacts to the entity as well as the owners. The speakers compare the taxation and related tax attributes, including ownership attributes, attributable to C or regular corporations, S corporations, limited liability companies, limited partnerships, and general partners.
Bryan C. Skarlatos will present "How Far Can You Go? Ethical And Penalty Issues In Everyday Tax Practice" at the NYU-SPS 76th Institute On Federal Taxation
The NYU School of Professional Studies Institute on Federal Taxation is designed for the practitioner who must frequently anticipate and handle federal tax matters. It provides high-level updates, practical advice you can implement, and in-depth analysis of the latest trends and developments from leading experts.
Caroline D. Ciraolo will moderate a panel titled "Recent Offshore Enforcement Developments" at the ABA International Tax Enforcement and Controversy Conference
International tax enforcement by tax authorities around the globe continues with ever increasing stakes for taxpayers and the governments. The complexity of the law is increasing at a blistering place, amidst growth in “anti-abuse” rules, reporting obligations, information sharing, leaks and whistleblowing, shareholder derivative suits, staggering court decisions, multi-lateral enforcement efforts, and last-but-not-least break-the-bank sized penalties. All of this presents significant challenges for planning, compliance and controversies for corporations, high net worth individuals, and investment entities with international tax issues, and the practitioners who advise those taxpayers. Meanwhile, the U.S. continues its aggressive pursuit of corporate and individual taxpayers it perceives as non-compliant.
Caroline D. Ciraolo will participate in a panel titled "The IRS And DOJ Continue To Prioritize Employment Tax Enforcement - Are You And Your Clients Prepared?" at the 2017 Annual Meeting of the California Tax Bar
For the last several years, the IRS and the Department of Justice Tax Division have focused their attention on employment tax enforcement. We’ve seen new notices and alerts to taxpayers regarding non-compliance, more field visits by revenue officers, an increase in worker classification audits, a surge in suits for injunctions and motions for contempt, and an escalation of criminal investigations into willful employment tax violations.