Robert S. Fink successfully completed nearly 40 voluntary disclosures involving previously undisclosed foreign bank accounts.
"Foreign Bank-Secrecy Laws: Making Amends with the IRS" (New York Law Journal, 2008) by Robert Fink
Bryan C. Skarlatos quoted in the Miami Herald, November 23, 2008, "Secret-account holders rush to confess"
Skarlatos quoted in Miami Herald, November 23, 2008, by Martha Brannigan
"New SEC Enforcement Manual -- Better Late than Never", New York Law Journal
Since its establishment in 1934, the policies and practices governing the Securities and Exchange Commission (SEC) have existed under a shroud of mystery accessible only to those who previously worked at the SEC or to those who represented parties in front of the commission.
Skarlatos and Brackney, �Preserving Privilege and Avoiding Penalties in Transactional Tax Advice,� American Bar Association, Annual Conference, New York, New York, August 9, 2008
Skarlatos and Brackney, “Preserving Privilege and Avoiding Penalties in Transactional Tax Advice,” American Bar Association, Annual Conference, New York, New York, August 9, 2008
On March 5, 2009 Fran Obeid will moderate The Hidden Cost of a Second Home. The panel will include: Bruce Kato, New York State's Deputy Director of Special Investigation; John Coniglio, Esq., New York State Audit Division; Gilda Mariani, Chief of the Money Laundering & Tax Crimes Unit at the Manhattan District Attorney's Office and Jack Trachtenberg, Esq. from Hodgson & Russ. The panel will discuss New York State and New York City residency and domicile rules. There will be an interactive discussion based upon a fact pattern that evolves from a civil tax audit inquiry to a criminal investigation and ultimately referral by a prosecutor. It will conclude with a summary of how to advise clients on how a second residence may have unintended consequences on New York State or New York City income taxes.
GETTING PERSONAL: UBS Case Shows Murky Tax Advice Realm
By Bryan C. Skarlatos
New York Law Journal
As April 15 rolls around again, every citizen faces the task of voluntarily disclosing his or her own income tax liability. Of course, the concept of "voluntary disclosure" is a misnomer because filing a tax return and paying taxes is not really voluntary. There are stiff monetary and even criminal penalties for those who fail to file a return or pay the correct amount of tax. A more accurate description of what happens every April 15 is that Americans "self-assess" their tax liability.