Experienced Tax Attorneys


Call Us Confidentially Now: 202-349-4033


Call us confidentially now:
202-349-4033


Confidential & Experienced Tax Lawyers

Get Help Now: 202-349-4033

News & Events

Archive by Year:2019

Unreported Offshore “Bad Bank” Accounts: How a Washington DC Tax Lawyer Can Help

Offshore Account Update

Posted in on June 26, 2019

With potential tax penalties and civil or criminal prosecution for failure to report accounts at foreign financial institutions, offshore account holders must be wary. The dangers could be even worse when the offshore account is at a “bad bank” – a bank designated by the IRS as helping its account holders to evade U.S. taxes.

Read More

Foreign Bank Accounts: Penalties for Tax Reporting Violations

Offshore Account Update

Posted in on May 6, 2019

U.S. taxpayers with foreign bank accounts must be aware of IRS reporting requirements for these “offshore” accounts. For offshore bank accounts or other foreign financial accounts, the taxpayer will likely need to file a Foreign Bank Account Report (FBAR). Please note that the penalties for failing to file an accurate FBAR can be extremely steep.

Read More

Impact of FATCA on Accidental Americans

Offshore Account Update

Posted in on March 29, 2019

Around the world, “accidental Americans” living abroad are facing unexpected U.S. tax bills. Accidental Americans are people living abroad without any real ties to the United States, but who still have U.S. citizenship. America follows a citizenship-based taxation system, meaning U.S. citizens are subject to U.S. taxes on worldwide income, no matter where they live. This is resulting in many accidental Americans owing U.S. taxes on income earned in the countries where they live, often without even knowing they were American citizens.Read More

Avoiding IRS Collections With Installment Agreements

News

Posted in on February 28, 2019

It has happened to the best of people. You simply are not able to come up with the cash to meet your IRS tax liability. You are worried about the repercussions of not paying your taxes. Can the government come after your assets? Is the IRS going to garnish your wages or put you out of business with liens on your assets?Read More

Managing Partner, Kevin E. Thorn, was quoted by Bloomberg News about the Tax Implications of Government Shutdown.

News

Posted in on February 1, 2019

Thorn Law Group’s Managing Partner, Kevin E. Thorn, was asked his perspective on what effect the government shutdown will have on international taxpayers by Bloomberg News. See what he had to say about the situation with the link below!Read More

Thorn Law Group

Get Trusted Help Now

Over 30 years of expertise for your complicated tax law issues.

Back to the Top

Hear What Our Clients Have To Say

"Kevin E. Thorn and the tax attorneys at Thorn Law Group are exceptional. When I came to them, I had just received a letter from the Department of Justice concerning an undisclosed bank account at a Swiss bank. I thought I was going to go to jail and lose everything I had worked for just because my family and my business are international. Mr. Thorn's knowledge of the tax laws and his skills in presenting my situation to the IRS and Department of Justice proved superior!"