2019 promises to be a key year for the tax bar. With landmark administrative guidance in the wake of tax reform, practitioners will be contending with fast-paced developments that will have immediate and immense effects. 

This session covered issues that arise for the tax-preparer when working with clients who don’t have adequate records. Topics covered in this webinar included schedule C pitfalls, the Earned Income Tax Credit (EITC), use of reconstructions and estimates, the Cohan rule, and the AICPA Statement on Standards with respect to the use of estimates. 

Important Developments (Civil) – Sara G. Neill and Michelle F. Schwerin, Capes Sokol Goodman Sarachan PC, St. Louis, MO; Important Developments (Criminal) – Evan J. Davis, Hochman Salkin Rettig Toscher & Perez PC, Beverly Hills, CA; International Tax Enforcement – Bruce Zagaris, Berliner Corcoran & Rowe LLP, Washington, DC and Joseph M. Erwin, Dallas, TX; IRS Investigations and Practices – Michael A. Villa Jr., Meadows Collier Reed Cousins Crouch & Ungerman LLP, Dallas, TX and Eric L. Green, Green & Sklarz LLC, New Haven, CT.

NEW YORK (Jan. 9, 2018) -- Kostelanetz & Fink is pleased to announce that Michael Sardar has been named a partner in the firm.  Mr. Sardar joined Kostelanetz & Fink’s New York office in 2009.   Mr. Sardar handles a wide variety of tax controversy and white collar criminal defense matters.  He represents clients before the Internal Revenue Service, state tax authorities, the Department of Justice, and local prosecutors.

Course Description

This course covered issues that arise for the tax-preparer when working with clients who don’t have adequate records. Schedule C pitfalls, the Earned Income Tax Credit (EITC), use of reconstructions and estimates, the Cohan rule, and the AICPA Statement on Standards with respect to the use of estimates. This session covered tips and ideas on how to handle such issues from tax-return preparation through audit.

The Executive Taxation Series is offered by the Zicklin School of Business in partnership with the Division of Continuing and Professional Studies at Baruch College. 

The Executive Taxation Series is offered by the Zicklin School of Business in partnership with the Division of Continuing and Professional Studies at Baruch College. 

Individuals with hidden money who want to come clean with the IRS will face higher fines for unpaid tax debts and will have to contend with new rules to disclose their assets.

In the recent decision in United States v Edward Flume, the court cited a 2010 article on FBAR penalty cases written by Michael Sardar.  The decision in the case to deny summary judgment to collect willful FBAR is part of a recent trend away from ruling for the government in FBAR penalty cases. Michael explored the issue further in a recent article in the Journal of Tax Practice and Procedure.

The AAA-CPA is an organization comprised of individuals who have dually-qualified as attorneys and certified public accountants. Its mission is to provide its members with quality education, opportunities to connect and the professional resources to support and develop their practices.