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Am Law 100 firm with practices in Business, Digital Assets and Data Management, Intellectual Property, Labor & Employment, Litigation and Tax.

Home | BakerHostetler

BakerHostetler represents Clements Worldwide in acquisition by Arthur J. Gallagher & Co.

Class Action Lawsuit Defense

Sixth Circuit Sides with BakerHostetler Client’s Amicus Position—Putative Class Plaintiff Lacked Standing

Data Counsel

Decoding the Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence

Forcing change in OpenAI board membership, governance could be difficult, Reid says

In a Sept. 26, 2022 article in the Law360 Tax Authority titled “Gov’t May Struggle to Justify FBAR Calculations At High Court,” tax professionals weighed in on “obstacles” the federal government may face “in trying to prove the $10,000 maximum penalty for a nonwillful failure to file a Report of Foreign Bank and Financial Accounts (FBAR) should be calculated per account as opposed to per year.” Partner Jeff Paravano told Law360 that “the courts should interpret the nonwillful FBAR statute in a way that favors taxpayers, because taxpayers ‘shouldn’t be surprised by penalties.’”  <a href="https://www.law360.com/tax-authority/articles/1531207" target="_blank" rel="noopener">Read the article (subscription required).</a>

Jeff Paravano Says Taxpayers Should Not Be Subject to Surprise FBAR Penalties

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