Caroline D. Ciraolo Chaired The Program Section On Civil and Criminal Tax Penalties at the ABA Tax Section Fall 2019 Meeting
Caroline D. Ciraolo chaired a program section on civil and criminal tax penalties. Panel titles include "Reports of Subcommittees on Important Developments" (which will contain a subsection on offshore compliance and enforcement), "Voluntary Disclosures in California," "To Err is Human, to Forgive Divine: A Guide to Reasonable Cause And Other Defenses to Form 3520 Penalties," "Cryptocurrency - IRS Enforcement Efforts To Ensure Compliance," and "The Evil that Men Do Lives After Them: When is an Executor or Fiduciary Personally Liable for Taxes of Another?
Caroline Ciraolo Participated in Panel Entitled "No Good Deed Goes Unpunished: Potential Liability of Executors and Beneficiaries for a Decedent’s Tax Liabilities" at Serjeant's Inn on October 2, 2019
Caroline Ciraolo participated in a panel entitled "No Good Deed Goes Unpunished: Potential Liability of Executors and Beneficiaries for a Decedent’s Tax Liabilities" at Serjeant's Inn, Baltimore, MD on October 2, 2019.
Brought to you by World Tax, in association with the International tax Review the Women in Tax Leaders guide highlights the leading female tax practitioners from across all sectors of the tax market, as selected by their fellow tax professionals. Market leaders chosen by market leaders.
Caroline D. Ciraolo presented "Preserving Confidentiality in Cross Border Investigations," at the 37th Annual Cambridge International Symposium on Economic Crime
The focus for the 37th symposium was the shared responsibility borne by public and private bodies, across international borders, to fight economic crime. In particular, it looked at the flow of information between agencies and the business world, and how to tackle the issues that this presents. In addition to its keynote speeches and focal discussions each day, there were a host of alternative programmes, plenary sessions and workshops that enabled attendees to share their knowledge, garner new skills, and build new connections.
Caroline D. Ciraolo participated in the panel “Cooperation or Compulsion: The Emerging U.S. Experience with Voluntary and Involuntary Disclosures of Foreign Transactions,” at the 37th Annual Cambridge International Symposium on Economic Crime
In considering how to better discourage and control economic crime we examined the real threats facing our economies and, in particular, those who look after other people’s wealth not just from criminals and terrorists, but also indirectly as a result of law enforcement and regulatory intervention. We also contexted these risks and the responses not only in terms of the law, but also regulation and especially compliance practice.
NEW YORK (August 15, 2019) — Kostelanetz & Fink is pleased to announce that The Best Lawyers in America has recognized six of its attorneys in its 2020 edition. The Best Lawyers in America (2020 edition), released August 15, 2019, recognizes the firm’s attorneys in the areas of Litigation and Controversy – Tax, Tax Law, Commercial Litigation, and Criminal Defense: White Collar. The annual list is based on a peer review process and reflects the consensus opinion of leading lawyers about the professional abilities of their peers within the same geographical regions and practice areas, according to the Best Lawyers website.
Caroline D. Ciraolo moderated a panel titled "Ethical Pitfalls and How to Avoid Them When Representing Clients in IRS Collections and Audits," at the University of San Diego School of Law - RJS LAW Tax Controversy Institute 2019
The Institute is the premier tax controversy event in San Diego. The region's top tax attorneys, CPAs, and law/business school professors discussed topics including passthrough planning, Wayfair, ethical pitfalls to avoid in practice, and employee classification issues in California.
Caroline D. Ciraolo presented the CPE/CLE course "What’s New in Federal Tax Enforcement?" at The American Academy of Attorney-CPAs 2019 Annual Meeting & Education Conference
Caroline Ciraolo, partner with Kostelanetz & Fink, LLP in Washington, D.C. and former Acting Assistant Attorney General of the Tax Division, U.S. Department of Justice, discussed current priorities of the IRS and the Tax Division, domestic and international audit campaigns, current staffing and budget issues, new investigative units, and recent enforcement statistics.
Michael Sardar and Caroline Ciraolo participated in a panel titled "IRS Voluntary Disclosures: Past, Present, And Future" at The American Academy of Attorney-CPAs 2019 Annual Meeting & Education Conference
The IRS has offered noncompliant taxpayers a path to come into compliance for decades. First, under the Internal Revenue Manual voluntary disclosure practice, and then under the historic Offshore Voluntary Disclosure Programs. In November 2018, the IRS announced new provisions that will apply to all future domestic and offshore voluntary disclosures. Since then, practitioners have been debating the new voluntary disclosure practice and its impact on clients, and taxpayers are wondering if this is the best approach to resolve outstanding issues. The panelists outlined the new framework and engaged in a spirited discussion regarding various open issues and best practices.