Bryan C. Skarlatos Quoted In "No One Knows How Much To Pay In Bitcoin Cash Taxes", Wall Street Journal
Bitcoin, the digital currency recently split into two competing versions: one called bitcoin and an alternate called Bitcoin Cash. As a result of the split, each bitcoin owner received the right to an equal amount of Bitcoin Cash. Bryan C. Skarlatos, Partner at Kostelanetz & Fink, LLP states in the article by Laura Saunders, "The IRS got the information it wanted on Americans hiding money in offshore accounts, and it will get the information it wants on Americans evading taxes through virtual currencies."
Bryan C. Skarlatos presented "IRS Criminal Tax Update: Offshore & Domestic Employment Tax" at the LIU Civil and Criminal Tax Controversy Forum
LIU Post's Civil & Criminal Tax Controversy Updates - 2017 was an annual event for private and government tax professionals to discuss current events and best practices in federal and New York State cases involving criminal and civil tax penalties and enforcement.
Bryan C. Skarlatos & Megan L. Brackney presented "Impact Of The DOJ's Revised Charging & Sentencing Policy On Tax And Other Criminal Cases" at the ABA Young Lawyers Division
With the Department of Justice’s revised Charging and Sentencing Policy issued on May 10, it was a good time to review how sentencing works in criminal cases, with an emphasis on criminal tax cases. This program discussed how the Sentencing Guideline levels are determined in tax cases, including computation of the tax loss and common adjustments, assessment of restitution, and other issues.
Bryan C. Skarlatos quoted in the Financial Times Article "US intensifies fight against tax evasion by using data mining"
Agents pursue ‘leavers’ who moved Swiss bank accounts to other offshore centres
US tax authorities are intensifying their efforts to find tax evaders and the bankers who assist them, deploying agents to examine reams of data collected from the Panama Papers, Swiss banks and whistleblowers.
The Department of Justice and Internal Revenue Service are tracing accounts shifted by Americans from Switzerland to other countries such as Israel, Singapore and Hong Kong.
Bryan C. Skarlatos presented "Economic Substance, Judicial Doctrines and Legal Ethics" at PLI Tax Planning for Domestic & Foreign Partnerships, LLCs, Joint Ventures & Other Strategic Alliances 2017
This three-day seminar was designed to ensure that all attendees would benefit, from beginners to experts. The first two days consisted of a logical and comprehensive study of the basic framework and many important intricacies of Subchapter K, an area of the tax law that many believe can be understood only in its totality. The third day focused on the application of partnership taxation to specific industries, including oil and gas, hedge funds and private equity funds.
Bryan C. Skarlatos presented "The Tax Man Cometh: The Criminal Tax Case" at the 2017 IRS Conference Workshop
What to Do When the IRS Shows Up? On May 3rd at the New York State Society of CPAs, we followed the journey of Joe & Mary through the IRS Process. This full-day program used a particular client's fact pattern to highlight the various areas of the IRS representation process and the opportunities and pitfalls for practitioners and their clients.