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MICHEL STEIN to Speak at Upcoming NYU 14th Annual Tax Controversy Forum

We are pleased to announce that Michel Stein along with Phillip Colasanto, Caroline Ciraolo, and Daniel Price will be speaking at the upcoming NYU 14th Annual Tax Controversy Forum on “Coming in From the Cold: The Future of Voluntary Disclosures” on Friday, June 24, 2022, 2:45 p.m. – 3:45 p.m. (EST).

For more than 70 years, the IRS has maintained a voluntary disclosure policy designed to encourage taxpayers to come in from the cold and self-report noncompliance. In 2018, the voluntary disclosure program was updated to provide new procedures. In its most recent annual report, the Taxpayer Advocate Service noted that the new procedures are substantially more onerous and uncertain than the old procedures, and may actually discourage taxpayers from stepping forward to self-disclose. This panel will discuss the latest voluntary disclosure developments, including the application of the updated program to cryptocurrency, and provide suggestions on how practitioners should advise their clients to make the best use of the new voluntary disclosure procedures. 

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