Jessica Mingrino

Nov 1, 2024 | law360.com | Carlos Ortiz |Kayley B. Sullivan |Jessica Mingrino

By Carlos Ortiz, Kayley Sullivan and Jessica Mingrino ( November 1, 2024, 4:53 PM EDT) -- Those who thought their cryptocurrency transactions would remain anonymous or a secret from the Internal Revenue Service should think again.... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence.

Nov 1, 2024 | law360.co.uk | Carlos Ortiz |Kayley B. Sullivan |Jessica Mingrino

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Oct 9, 2024 | mondaq.com | Carlos Ortiz |Kayley B. Sullivan |Jessica Mingrino

The First Circuit recently held that a bitcoin investor did not have a reasonable expectation of privacy in his records held by a cryptocurrency exchange, rejecting his argument that cryptocurrency transactions are confidential. Following years of increased IRS and DOJ enforcement efforts, a Court of Appeals has provided prosecutors the green light to seize taxpayer records using John Doe summonses.

Oct 8, 2024 | jdsupra.com | Jessica Mingrino |Carlos Ortiz |Kayley B. Sullivan

Key Takeaways: The First Circuit recently held that a bitcoin investor did not have a reasonable expectation of privacy in his records held by a cryptocurrency exchange, rejecting his argument that cryptocurrency transactions are confidential. Following years of increased IRS and DOJ enforcement efforts, a Court of Appeals has provided prosecutors the green light to seize taxpayer records using John Doe summonses.

Jun 12, 2024 | jdsupra.com | John Carney |Jessica Mingrino |Nicholas Mowbray

Time Running Out for Disclosure OptionsKey Takeaways: The IRS is devoting greater resources to investigating and auditing wealthy Americans who have taken advantage of Puerto Rico’s lucrative tax benefits. The IRS continues to face external pressure from Congress to curb abuses of Puerto Rico’s tax benefits – results are to be expected in the form of increased IRS examinations and, in certain circumstances, criminal charges being brought for violations.