Bryan C. Skarlatos presented "Ethical Issues for Tax Practitioners: Good Tax Planning, Aggressive Tax Advice, or Criminal Tax Evasion" at the 49th Annual Sidney Kess New York Estate, Tax, and Financial Planning Conference
Is that payment a gift or compensation for services? Is the expenditure a deductible repair or a capital improvement? Is the income ordinary income or capital gain? How sure do you have to be before you advise a client on issues such as these? Can you rely on what the client tells you or do you have to audit the client’s information?
Kostelanetz & Fink partners and attorneys participated in the American Bar Association’s Fall Tax Meeting in Atlanta Oct. 6 to provide their expertise on a number of hot topics in the field of tax law, including the ending of the Offshore Voluntary Disclosure Program, new partnership audit rules, ethical issues in representing spouses, and bank and international provisions in the 2017 Tax and Jobs Act.
Bryan C. Skarlatos quoted in "The IRS Is Still Coming For You, Offshore Tax Cheats", Wall Street Journal
Amnesty program to end Sept. 28, but agency’s broader crackdown on evasion will go on.
Hiding money from the U.S. government is a lot harder than it used to be.
On Sept. 28, the Internal Revenue Service will end its program allowing American tax cheats with secret offshore accounts to confess them and avoid prison. In a statement, the IRS said it’s closing the program because of declining demand.
Bryan C. Skarlatos participated in the panel titled "Life Cycle And Tax Implications Of A Cryptocurrency" at the ABA Section of Taxation 2018 May Meeting
This panel followed the life cycle of a cryptocurrency and the tax issues that arise at each stage including the formation of the entity issuing the token, solicitation of investors via a SAFT, token launch and acceptance on an exchange, and tokens held for investment purposes and used similar to fiat currency.