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Sharon L. McCarthy participated in the panel titled "Crypto Currency: What Every Practitioner Needs To Know" at the 2018 New England IRS Representation Conference

The presentation provided tax professionals with a critical first look at new IRS initiatives on taxpayer compliance and reporting obligations for cryptocurrency transactions.

The panelists discussed the IRS position on cryptocurrency as property rather than cash, analyzed IRS monitoring to increase compliance, considered criminal investigations and prosecutions for failing to properly report cryptocurrency transactions and defined proper reporting and tax treatment for “mining” and exchanging crypto currency.

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Caroline D. Ciraolo moderated the panel titled "Addressing Conflicts Of Interest In Today's Tax Practice" at the 2018 New England IRS Representation Conference

Practitioners are often faced with ethical conundrums in everyday practice.  The representation of spouses in an exam, discovering information not reported in a prior year, issues with financial information that surfaces after it has been provided to the IRS, etc.  Our panel of practitioner and government experts reviewed these situations and discussed them so that attendees will know what to do (and not do) when these issues arise.

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Caroline D. Ciraolo quoted in "Revised Voluntary Disclosure Rules Extend Penalty Framework", Tax Notes

New voluntary disclosure guidelines apply to both foreign and domestic disclosures and include a penalty framework and access to Appeals.

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Caroline D. Ciraolo presented "Coming Attractions In Civil Tax Controversies And Criminal Tax Investigations" at the AICPA Sophisticated Tax Planning For Your Wealthy Clients Conference

Obtain clarity in changing times.

The monumental passing of the Tax Cuts and Jobs Act results in historic tax reform impacting nearly every American. This has brought about exciting opportunities for CPAs and financial planners. Your guidance will help your affluent clients achieve their financial goals and help you generate new business.

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Michael Sardar quoted in "Tax Cheats Face Higher Penalty For Hiding Assets From IRS", Bloomberg Law

Individuals with hidden money who want to come clean with the IRS will face higher fines for unpaid tax debts and will have to contend with new rules to disclose their assets.

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Jay R. Nanavati participated in the panel titled "Global Tax Enforcement: Compliance And Risk Mitigation (Part II)" at the Bahamas Financial Services Board

Governments across the world are conducting cross-border investigations and cooperating with each other to identify and prosecute tax evasion and other economic crimes that drain government coffers. The targets of these cross-border investigations include not only the taxpayers themselves, but also the domestic and foreign financial institutions and other entities and individuals who are believed to have facilitated the taxpayers’ conduct.

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Caroline D. Ciraolo participated in the panel titled "Global Tax Enforcement: Compliance And Risk Mitigation (Part II)" at the Bahamas Financial Services Board

Governments across the world are conducting cross-border investigations and cooperating with each other to identify and prosecute tax evasion and other economic crimes that drain government coffers. The targets of these cross-border investigations include not only the taxpayers themselves, but also the domestic and foreign financial institutions and other entities and individuals who are believed to have facilitated the taxpayers’ conduct.

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Kostelanetz & Fink Expands New York And Washington Offices

INTERNATIONAL TAX ATTORNEY YORAM KEINAN JOINS AS PARTNER AND FORMER DOJ CIVIL TRIAL ATTORNEY PAUL T. BUTLER JOINS AS SENIOR COUNSEL

NEW YORK AND WASHINGTON, D.C. (November 26, 2018) — Kostelanetz & Fink, LLP is pleased to announce that it is expanding both its New York and Washington, D.C. offices by bringing on Yoram Keinan, a prominent domestic and international tax planning veteran, and Paul T. Butler, a distinguished former civil trial attorney for the Justice Department’s Tax Division and former Associate Area Counsel, Large Business & International, for the Internal Revenue Service.

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Megan L. Brackney presented "Exploring The Limits Of The Evolving Economic Substance And Business Purpose Doctrines And Related Penalty And Ethics Issues" at PLI's Tax Strategies for Corporate Acquisitions Program

Guidance on making sure your transactions will pass muster under the Economic Substance, Sham Transaction, Substance over Form and related doctrines; determining when the IRS will respect a transaction as structured and when will it disregard the form of the transaction to disallow the claimed tax benefits.

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Sharon L. McCarthy participated in the panel titled "Jury Selection And Trial In The Social Media Era" at the Pennsylvania Association of Criminal Defense Lawyers 2018 White Collar Practice Seminar

Jurors, lawyers and clients possess an Internet presence to varying degrees. This panel explored emerging case law, existing ethics opinions and the practical realities of lawyers researching Internet and social media postings of potential and actual jurors during jury selection and trial.

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