May 8, 2020 – Michael Karlin has been elected as one of 13 new Fellows of the American College of Tax Counsel, a group of America’s leading tax lawyers. Membership is reserved for tax lawyers who have made an exceptional contribution to their chosen profession. Fellows must be nominated for the honor of membership and must then undergo a rigorous screening process prior to being elected as Fellows of the College.

May 1, 2020 - Michael Karlin has established the “Tax Residence and Coronavirus Working Group”, a group of over 70 prominent international tax lawyers and accountants advocating for action by the Treasury Department and the IRS to provide relief to non-U.S. individuals unable to leave the United States due to the coronavirus pandemic and who may involuntarily become U.S. residents and subject to other tax burdens.  Following the release by the IRS of Revenue Procedures 2020-20 and 2020-27 and some FAQs, the group has held a Zoom meeting with government representatives and will shortly be submitting comments on several issues.  If you are a tax professional and would like to participate, please contact Michael Karlin.

March 22, 2020 - Michael Karlin, on behalf of the Los Angeles International Tax Club, submitted a letter to Treasury, IRS and Congress, requesting guidance on IRC section 7701(b) definition of resident alien to allow aliens to exclude days of presence during national emergency and to expand medical condition exception.  The letter is available here.

March 17, 2020 - We want to update you on our response to the COVID-19 pandemic.  Our overriding priority is to protect the health and safety of our workforce, our clients, and our visitors.   Having done everything that we can on this front, we will continue to assist clients, to stay in touch with our professional colleagues, and to work with our vendors. Effective immediately, all our lawyers and staff are working remotely.  We are, however, 100% operational.  Firm operations will be uninterrupted, and we will continue to provide our clients with excellent service delivered seamlessly. Our technology allows our attorneys and staff to work remotely and cooperatively on a fully efficient basis using firm systems that ensure confidentiality.   You can reach us by email or through our regular phone numbers.  Incoming faxes will be delivered electronically.  We also have implemented videoconferencing facilities through the widely available Zoom software.  If the law and our building allow it, we can host small meetings but only if there is no other reasonable alternative. Please do not hesitate to contact us if we can be of assistance. We are thinking about everyone affected and hope that you, your family and your colleagues stay healthy and safe.

 

ABOUT OUR FIRM

We are planners, first and foremost. Drawing upon decades of experience, we give sound advice and implement it for our clientele. Our practice is concentrated on individuals and businesses with an international element.

Karlin & Peebles is recruiting – we are looking for an associate to work on international tax matters and an estate planning associate.  More information is available on our Career Opportunities Page.

The Firm has been recognized by U.S. News & World Report as a Tier One firm in Los Angeles for both Trusts & Estates Law and Tax Law.  Individual lawyers in the firm have also been recognized.  More about this on our News Page.

Lawyers at the firm regularly speak at conferences and publish articles.  See our News Page and our Publications Page.