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Sidney Kess quoted in The New York Times, Tax Tips, February 11, 2012, "Introducing Form 8949, and Other Changes"

Sidney Kess quoted in The New York Times, Tax Tips, February 11, 2012, "Introducing Form 8949, and Other Changes," by Jan M. Rosen

Sidney Kess quoted in The New York Times, Tax Tips, February 11, 2012, "Introducing Form 8949, and Other Changes"

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Sidney Kess quoted in the New York Times, February 8, 2012, "A Year to Stay Flexible on Tax Plans"

Sidney Kess quoted in the New York Times, February 8, 2012, "A Year to Stay Flexible on Tax Plans," by Jan M. Rosen

Sidney Kess quoted in the New York Times, February 8, 2012, "A Year to Stay Flexible on Tax Plans"

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Bryan C. Skarlatos quoted in the Wall Street Journal, February 3, 2012, "Swiss Bank Wegelin Indicted on U.S. Tax Charges"

Bryan C. Skarlatos quoted in the Wall Street Journal, February 3, 2012, "Swiss Bank Wegelin Indicted on U.S. Tax Charges," by Chad Bray and Laura Saunders

Bryan C. Skarlatos quoted in the Wall Street Journal, February 3, 2012, "Swiss Bank Wegelin Indicted on U.S. Tax Charges"

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Robert S. Fink interviewed by Swiss News Agency, SDA, Swiss TV, February 1, 2012

Robert S. Fink interviewed by Swiss News Agency, SDA, Swiss TV, February 1, 2012

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Bryan C. Skarlatos cited in USA Today article, January 23, 2012, "Tax lawyers question Gingrich's 2010 return"

Bryan C. Skarlatos cited in USA Today article, January 23, 2012, "Tax lawyers question Gingrich's 2010 return," by Kevin McCoy

Bryan C. Skarlatos cited in USA Today article, January 23, 2012, "Tax lawyers question Gingrich's 2010 return"

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Bryan C. Skarlatos quoted in the Wall Street Journal, January 9, 2012, "IRS Reopens Limited Amnesty for Offshore Accounts"

Bryan C. Skarlatos quoted in the Wall Street Journal, January 9, 2012, "IRS Reopens Limited Amnesty for Offshore Accounts," by Laura Saunders

Bryan C. Skarlatos quoted in the Wall Street Journal, January 9, 2012, "IRS Reopens Limited Amnesty for Offshore Accounts"

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Bryan C. Skarlatos quoted in Bloomberg News, January 4, 2012, "Wegelin Bankers Said to Be Charged by U.S. in Tax Crackdown"

Bryan C. Skarlatos quoted in Bloomberg News, January 4, 2012, "Wegelin Bankers Said to Be Charged by U.S. in Tax Crackdown," by David Voreacos

Bryan C. Skarlatos quoted in Bloomberg News, January 4, 2012, "Wegelin Bankers Said to Be Charged by U.S. in Tax Crackdown"

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Misclassifying Employees vs. Independent Contractors: A New World of Forgiveness

By Juliet L. Fink
NYSSCPA, Tax Stringer
January 2012 Edition, Vol. 3, No. 1

On Sept. 21, 2011, the IRS announced a new voluntary disclosure program, the Voluntary Classification Settlement Program (VCSP), to provide an incentive for taxpayers to comply with their employment tax obligations. The VCSP is part of a larger “fresh start” initiative by the IRS to encourage taxpayers and businesses to become compliant while giving them financial certainty under the VCSP’s penalty framework. As described in IRS Announcement 2011-64, under the VCSP, eligible businesses will pay minimal back taxes and avoid all interest and penalties if they properly reclassify workers from nonemployees or independent contractors to employees for future tax periods. The VCSP currently has no deadline.

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Penalties: The IRS Continues to Attack Unreported Foreign Bank Accounts by Criminally Indicting Three Swiss Bankers

By Bryan C. Skarlatos
Journal of Tax Practice & Procedure
December 2011 - January 2012 Edition

There is nothing illegal about owning a foreign bank account, but United States citizens or residents with foreign accounts must be careful to properly report such accounts on tax returns and reports of foreign bank accounts. By now, almost everyone knows the story of UBS and how the Department of Justice (the “DOJ”) and the IRS effectively broke through Swiss bank secrecy and compelled UBS to turn over names of thousands of its U.S. account holders. The important thing about the UBS story is that it is just the fi rst chapter of a longer narrative in which the DOJ, the IRS and Congress are continuing to hack away at bank secrecy laws, not just in Switzerland, but around the world, in an effort to force all U.S. citizens or residents with foreign bank accounts to report the existence of, and income earned in, those accounts. The latest development in this drum-beat of enforcement is the indictment of three Swiss bankers for conspiring with U.S. taxpayers to help them evade U.S. tax. 

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The Journal of Accountancy, January 2012 issue, announces that Sidney Kess received the AICPA gold medal for his contributions to the profession.

The Journal of Accountancy, January 2012 issue, announces that Sidney Kess received the AICPA gold medal for his contributions to the profession.

The Journal of Accountancy, January 2012 issue, announces that Sidney Kess received the AICPA gold medal for his contributions to the profession.

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