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Bryan C. Skarlatos quoted in "Tips on Deciding Which Tax-Filing Status Is Best for You", The Wall Street Journal

For most taxpayers, the answer probably seems obvious. But for some, it can be surprisingly tricky to determine which tax-filing status will hold the most advantages.

The choices may involve more thought and number-crunching than might be apparent at first glance. A few issues may be important for some taxpayers to consider before New Year’s Day because of tax-law changes enacted late last year and other factors.

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Megan L. Brackney presented the CPE/CLE Course: International Foreign Information Return Penalties

This program covered the basic requirements for reporting non-U.S. assets, and then discussed the penalties for failure to file these foreign information returns, the procedures for assessment and review, and taxpayer defenses.

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Caroline D. Ciraolo moderated the panel titled "Criminal Tax Workshop" at the 35th Annual National Institute on Criminal Tax Fraud and 8th Annual National Institute on Tax Controversy

Taxpayers can become aware they are the subject of a criminal tax investigation with notice of a summons, a grand jury subpoena or execution of a search warrant and end in a declination of prosecution, a plea or a trial. 

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Michael Sardar presented "An Update On Offshore Compliance Enforcement" at the Zicklin School of Business Executive Taxation Series Seminar

The Executive Taxation Series is offered by the Zicklin School of Business in partnership with the Division of Continuing and Professional Studies at Baruch College. 

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Michael Sardar presented "Tax Penalties And Information Return Penalties" at the Zicklin School of Business Executive Taxation Series Seminar

The Executive Taxation Series is offered by the Zicklin School of Business in partnership with the Division of Continuing and Professional Studies at Baruch College. 

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Bryan C. Skarlatos presented "IRS Update: Hot Tips on Tax Penalties" at NYSSCPA IRS Practice and Procedures Conference

The number of accuracy-related penalties assessed against individual taxpayers increased from 58,366 in 2005 to 499,190 in 2016. Are there more bad taxpayers, or is the IRS just getting more aggressive about asserting penalties? 

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Caroline D. Ciraolo was selected to the Washingtonian Top Lawyers 2018 List

This list appeared in the December 2017 issue. The latest list will launch January 1, 2019.

Washington has a higher concentration of people with JDs than anywhere else in the country, which means you’re probably out of luck if you want to pick a fight with the homeowners’ association over landscaping rules—chances are the HOA president litigates much higher-stakes matters for a living. Also, you should really keep your voice down if you must tell that lawyer joke while riding Metro. Finally, it means this list is pretty tough to compile.

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Caroline D. Ciraolo participated in the panel titled "Tax Preparer Investigations And Penalties" at the 2018 New England IRS Representation Conference

The penalty rules for tax return preparers pose significant challenges for tax practitioners and their clients. There often is a great amount of uncertainty about what a “tax shelter” is and when and how to disclose return positions. Practitioners must also wrestle with regard to conducting proper due diligence, understanding the standards of conduct necessary to avoid 6694 penalties and determining when to rely on information provided by clients or third parties.

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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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