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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

Parallel Proceedings

A dangerous situation for a taxpayer to find himself in is a parallel proceeding. Parallel proceedings involve criminal investigations of certain taxpayers, entities or tax years while, simultaneously, related entities or other tax years are undergoing a civil audit. Any information collected by the Revenue Agent in the civil audit may be used in the criminal investigation without the taxpayer’s knowledge. Thus, a taxpayer may soon find himself the subject of both a criminal investigation and a civil audit.

Other examples of parallel proceedings involve one agency, such as the IRS, investigating the taxpayer and, unbeknownst to the taxpayer, sharing the information with another agency, such as the Securities and Exchange Commission.

For assistance in managing a known or suspected parallel proceeding, contact Kevin E. Thorn, Managing Partner at ket@thornlawgroup.com or 202-349-4033 today.

 

 

 


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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."