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Jerald David August Presented at the American Law Institute CLE Video Webcast Event, “Offshore & International Tax Evasion: Lawyers as Gatekeepers"

On Tuesday, January 22, 2013, Jerald David August presented at the American Law Institute CLE Webcast Event, "Offshore & International Tax Evasion: Lawyers as Gatekeepers"

Do you know how the new initiatives affect you, your firm and your clients? Invest just four hours from the convenience of your own office and participate in this live video webcast. Ask questions via email of the faculty. Receive complimentary access to the archived program.

Estate planners, tax and business lawyers have been made part of a global effort to stop the growth of international tax evasion. As gatekeepers, lawyers are now part of a dramatic worldwide response towards enhanced enforcement by the U.S. and other nations. In response to the UBS and similar scandals, the IRS, with the Dept. of Justice and Treasury, has stepped up its review of FBAR reports under the Bank Secrecy Act for all U.S. citizens, residents and domestic entities, including trusts and estates, concerning interests held or authorization to act with respect to foreign bank accounts or financial interests.

 

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Jerald David August Presented at the American Law Institute CLE Video Webcast Event, “American Taxpayer Relief Act: What You Need To Know for Tax Planning and Compliance"

On Tuesday, January 22, 2013, Jerald David August presented at the American Law Institute CLE Webcast Event, "American Taxpayer Relief Act: What You Need To Know for Tax Planning and Compliance"

After months of fiscal cliff-driven anxiety, the deadline for the looming scenario set up by lawmakers to ensure even Washington would take action has come to pass.

Now is the time to be sure you know exactly what this means for you and your clients.

For tax professionals, a bullet-point summary doesn’t offer nearly enough insight into the immediate effects — and does even less to help you plan for the unavoidable next round of changes.  Register for this ALI CLE accredited program to ensure you fully understand the immediate ramifications of the American Taxpayer Relief Act (ATRA).  This timely discussion will also provide you with a great foundation for anticipating the inevitable onslaught of issues the current legislation merely sidesteps. Join us for this live webcast and get the critical analysis you need to help you and your clients move forward in 2013.

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Jerald David August Presented at the American Law Institute CLE On-Demand Event, “American Taxpayer Relief Act: What You Need To Know for Tax Planning and Compliance"

On Tuesday, January 22, 2013, Jerald David August presented at the American Law Institute CLE Webcast Event, "American Taxpayer Relief Act: What You Need To Know for Tax Planning and Compliance"

After months of fiscal cliff-driven anxiety, the deadline for the looming scenario set up by lawmakers to ensure even Washington would take action has come to pass.

Now is the time to be sure you know exactly what this means for you and your clients.

For tax professionals, a bullet-point summary doesn’t offer nearly enough insight into the immediate effects — and does even less to help you plan for the unavoidable next round of changes.  Register for this ALI CLE accredited program to ensure you fully understand the immediate ramifications of the American Taxpayer Relief Act (ATRA).  This timely discussion will also provide you with a great foundation for anticipating the inevitable onslaught of issues the current legislation merely sidesteps. Join us for this live webcast and get the critical analysis you need to help you and your clients move forward in 2013.

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Megan L. Brackney quoted in TaxAnalysts , January 17, 2013 "Taxpayers Face Hurdles and Risks When Opting Out of OVDP"

Megan L. Brackney quoted in TaxAnalysts , January 17, 2013 "Taxpayers Face Hurdles and Risks When Opting Out of OVDP"

Megan L. Brackney quoted in TaxAnalysts , January 17, 2013 "Taxpayers Face Hurdles and Risks When Opting Out of OVDP"

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Bryan C. Skarlatos quoted in Reuters, January 10, 2013 "Israeli bank nudges US clients toward IRS tax disclosure program"

Bryan C. Skarlatos quoted in Reuters, January 10, 2013 "Israeli bank nudges US clients toward IRS tax disclosure program"

Bryan C. Skarlatos quoted in Reuters, January 10, 2013 "Israeli bank nudges US clients toward IRS tax disclosure program"

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Jerald David August Presented at the American Law Institute CLE Video Webcast Event, “3.8% - What the New Medicare Tax Means for Business Entities and Business Owners"

On Tuesday, December 18, 2012, Jerald David August presented at the American Law Institute CLE Webcast Event, "3.8% - What the New Medicare Tax Means for Business Entities and Business Owners"

Starting on January 1, 2013, the 2010 Health Care Act will subject investment income to the Medicare tax for the first time in the history of Social Security. Under the new Medicare Contribution tax – partners, LLC members, and S-corporation shareholders will be exposed to a 3.8% tax on net investment income attributable to their share of operating income if the activity generating the income is “passive” under Section 469 with respect to the taxpayer.

 

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Jerald David August Presented at the American Law Institute CLE Video Wwebcast Event, “Denying Private Investor Certified Historic Tax Credits: Third Circuit Court of Appeals Reverses Tax Court in Historic Boardwalk Hall"

On Thursday, November 15, 2012, Jerald David August presented at the American Law Institute CLE Webcast Event, "Denying Private Investor Certified Historic Tax Credits:Third Circuit Court of Appeals Reverses Tax Court in Historic Boardwalk Hall"

The Third Circuit's reversal of the fully reviewed Tax Court opinion in Historic Boardwalk Hall, LLC, v. Commissioner of Internal Revenue places concern on how to effectively advise clients on their ability to successfully receive allocations of rehabilitative tax credits, as well as low income housing and other tax credits, which transactions use the partnership form for federal income tax purposes.

The Third Circuit's adverse holding in denying the private investor is based on application of the Culbertson test for determining whether an investor is a "true partner" in a partnership and further includes consideration of various judicial doctrines of economic substance, substance over form, business purpose, and the sham transaction doctrines. The partnership anti-abuse regulations are also relevant.

 

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Jerald David August Presented at the American Law Institute CLE Video Webcast Event, “Attorney-Client Privilege and Work Product Doctrine in Tax Controversies"

On Wednesday, October 31, 2012, Jerald David August presented at the American Law Institute CLE Webcast Event, "Attorney-Client Privilege and Work Product Doctrine in Tax Controversies"

In a civil or criminal tax investigation, legal counsel for the taxpayer must be aware of what information and documents must be produced, or what oral testimony may be demanded,  upon the receipt of an administrative or court subpoena. Frequently, information that is very relevant may also be highly prejudicial to the client’s interest.

 

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Bryan C. Skarlatos quoted in WSJ, October 26, 2012, "IRS Pays $38 Million in Whistleblower Case"

Bryan C. Skarlatos quoted in WSJ, October 26, 2012, "IRS Pays $38 Million in Whistleblower Case"

Bryan C. Skarlatos quoted in WSJ, October 26, 2012, "IRS Pays $38 Million in Whistleblower Case"

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Claude M. Millman quoted in NY Daily News, September 25, 2012 "Center's Lost in City Switch"

Claude M. Millman quoted in NY Daily News, September 25, 2012 "Center's Lost in City Switch"

Claude M. Millman quoted in NY Daily News, September 25, 2012 "Center's Lost in City Switch"

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