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Archive by Year:2012 - Page 2

IRS Launches Aggressive Audit Campaign against Foreign Artists and Athletes

Press Releases

Posted in on October 22, 2012

The Internal Revenue Service has launched an aggressive audit campaign targeting foreign artists and athletes who work in the U.S. Mr. Thorn urges all foreign artists and athletes who may have U.S. tax liability to seek experienced tax law representation to ensure compliance and avoid substantial civil penalties.

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U.S. Government Obtains New Account Information on U.S. Taxpayers with Undisclosed Offshore Bank Accounts

Press Releases

Posted in on October 8, 2012

The U.S. Government has obtained new client data on U.S. taxpayers with undisclosed offshore bank accounts. Kevin E. Thorn, Managing Partner of the Thorn Law Group urges U.S. taxpayers with undisclosed offshore accounts to enter the IRS’s 2012 Offshore Voluntary Disclosure Initiative in light of these recent developments.

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IRS Increases Focus on Employer and Employment Tax Audits

Press Releases

Posted in on September 25, 2012

The IRS increases employment tax audits into businesses and employers. Kevin E. Thorn, Managing Partner of the Thorn Law Group and former IRS attorney, comments on the risks businesses and employers may face when audited by the IRS.

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Swiss Banks to Disclose U.S. Taxpayer information to U.S. Authorities: Undisclosed Account Holders are Urged to Come Forward through the IRS’s 2012 Voluntary Disclosure Program

Press Releases

Posted in on September 10, 2012

Swiss banks have begun to disclose information to U.S. authorities. Kevin E. Thorn, Managing Partner of the Thorn Law Group urges U.S. taxpayers with undisclosed offshore accounts to enter the IRS’s 2012 Offshore Voluntary Disclosure Initiative in light of these recent developments.

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IRS’s 2012 Voluntary Disclosure Program Continues to Accept U.S. Taxpayers with Undisclosed Offshore Accounts

Offshore Account Update

Posted in on August 30, 2012

However U.S. authorities continue to aggressively pursue foreign banks allegedly aiding U.S. taxpayers to commit tax fraud.

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