NewsPosted in on August 8, 2019
Taxation of cryptocurriences is a new and constantly developing area. That is why you need counsel with expertise in IRS enforcement to help you navigate these complex issues, particularly if you are concerned that an audit of your account may lead to other issues, such as foreign reporting compliance, tax evasion, or threat of criminal activity.
Read MoreNewsPosted 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 MoreNewsPosted 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 MoreNewsPosted in on December 31, 2018
The U.S. income tax system is based on the idea of voluntary compliance, a sort of honor system that relies on individual taxpayers to report their income freely and voluntarily, calculate their tax liability honestly and correctly, and file a tax return on time.
Read MoreNewsPosted in on December 21, 2018
Sometimes business owners find themselves unable to meet their business tax obligations to the Internal Revenue Service. If your business meets certain criteria, you may be able to extinguish your tax liability by paying only a portion of your actual tax bill. While a Washington DC business tax attorney can help you decide if your particular circumstances are ripe for an IRS Offer in Compromise, the following provides an overview of the IRS OIC program.
Read More
