Offshore Account UpdatePosted in on June 16, 2025
The Internal Revenue Service (IRS) recently released its annual Data Book for the 2024 fiscal year. It contains several notable insights for taxpayers—in particular those who may be at risk of facing audits or investigations for alleged tax law violations. Here, Washington D.C. IRS tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group, shares his key takeaways for taxpayers.
Read MoreOffshore Account UpdatePosted in on May 30, 2025
If you’re facing an Internal Revenue Service (IRS) audit, you need to be very careful. If you’re behind on your federal taxes, you could be facing substantial liability. At the same time, if you’re not behind on your federal taxes, you will still need to defend against the audit successfully to avoid the imposition of unwarranted liability for back taxes, interest and penalties. Learn more from the Washington D.C. tax lawyers at Thorn Law Group.
Read MoreOffshore Account UpdatePosted in on May 16, 2025
Since its establishment in 2007, the IRS’ Whistleblower Office has awarded more than $1.3 billion to whistleblowers who have helped the agency recover more than $7 billion in delinquent taxes, interest and penalties. Now, the Whistleblower Office is revamping its operations to encourage even more whistleblowers to come forward. For corporate taxpayers, whistleblower complaints can create substantial liability exposure, and even when a whistleblower’s allegations are unfounded, avoiding unnecessary liability requires the representation of an experienced Washington D.C. tax lawyer.
Read MoreOffshore Account UpdatePosted in on March 17, 2025
The Internal Revenue Service (IRS) is warning U.S. taxpayers to be cautious about falling for online scams that encourage false credits, deductions, and withholdings during the 2025 tax season. These scams are becoming increasingly common—especially on social media—and, as the IRS makes clear, falling victim to a scam is not an excuse for paying less than you owe. Learn more from Washington D.C. tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.
Read MoreOffshore Account UpdatePosted in on February 28, 2025
The Internal Revenue Service (IRS) recently issued a News Release highlighting seven important changes to the federal tax code for 2025. These changes apply to tax returns for the 2024 tax year filed with the IRS in 2025. Here is an overview of what taxpayers need to know from Washington D.C. IRS tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.
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