Caroline D. Ciraolo participated in the panel titled "Global Tax Enforcement: Compliance And Risk Mitigation (Part II)" at the Bahamas Financial Services Board
Governments across the world are conducting cross-border investigations and cooperating with each other to identify and prosecute tax evasion and other economic crimes that drain government coffers. The targets of these cross-border investigations include not only the taxpayers themselves, but also the domestic and foreign financial institutions and other entities and individuals who are believed to have facilitated the taxpayers’ conduct.
Caroline D. Ciraolo presented "The Long War Continues: Considerations In Litigating The FBAR Penalty" at the 2018 Annual Meeting of the California Tax Bar & California Tax Policy Conference
The IRS’ campaign against taxpayers with undisclosed offshore accounts and assets is entering its second decade. One of the principal weapons to enforce compliance is the civil FBAR penalty, which the IRS has been using with increasing frequency. This has resulted in a rising number of civil FBAR cases.
Caroline D. Ciraolo presented "The New Wave Of Fraud Referrals – Fact Or Fiction" at the 34th Annual UCLA Extension’s Tax Controversy Institute
The Annual Tax Controversy Institute provided an open forum for distinguished presenters and panelists to discuss, and often debate, sensitive tax practice issues with an engaged audience.
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.
Caroline D. Ciraolo moderated the panel titled "OVDP – End Of An Era" at the ABA Section of Taxation 2018 Fall Tax Meeting
Though its use by taxpayers has substantially dwindled in recent years, for nearly a decade, the Offshore Voluntary Disclosure Program was a major component of the IRS’s effort to bring US taxpayers into compliance with their offshore reporting obligations, and helped facilitate the return of billions of dollars to the tax base.
Caroline D. Ciraolo participated in the panel titled "It’s Good To Know The Bad: Financial Crime And How To Counsel Clients" at the Annual Meeting of the American Bar Association's Business Law Section
This event included over 90 CLE programs covering all areas of business law and provided attendees with opportunities to connect and learn at substantive sessions as well as experience Austin at premier social events where attendees were able to network with over 1,600 business law professionals.