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News & Events

Category: Asset Forfeitures / IRS Audits

IRS Audits: High Net Worth Individuals and Small Businesses Have Highest Audit Risk

Asset Forfeitures / IRS Audits, Hot Topics

Posted in on December 27, 2017

High net worth individuals and small businesses have a greater risk of being audited by the IRS. Learn why the IRS tends to audit high net worth individuals and small businesses, and what you can do to avoid an audit in the future.

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IRS Ramps Up Asset Forfeiture Activity

Asset Forfeitures / IRS Audits

Posted in on April 20, 2011

IRS to include asset forfeiture against taxpayers with offshore bank accounts and other international activities.

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IRS Steps Up Audits of “High Net Worth” Individuals

Asset Forfeitures / IRS Audits

Posted in on February 17, 2011

The IRS Global High Wealth Industry Group are to conduct audits of wealthy individuals and families.

 
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IRS Launches Employment Tax Audits!

Asset Forfeitures / IRS Audits

Posted in on January 14, 2010

Companies should make sure they are in compliance.

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"I have personal knowledge that the tax attorneys at Thorn Law Group have developed a nationwide practice guiding individuals, banks, trusts, foundations and other organizations through the processes involved in managing and disclosing offshore bank accounts. The goal for our attorneys is to resolve potential legal issues in advance in order to bring their offshore bank accounts into compliance with government regulations."