Offshore Account UpdatePosted in on June 30, 2026
The Internal Revenue Service (IRS) announced on May 13, 2026 that it has begun sending settlement letters to eligible taxpayers with pending conservation easement disputes. Taxpayers who receive these letters must quickly decide whether to accept the IRS’ terms, and they will want to consult with an experienced Washington D.C. tax lawyer to ensure that they are making an informed decision.
Read MoreOffshore Account UpdatePosted in on June 12, 2026
The Internal Revenue Service (IRS) has recently ramped up pressure on partnerships and other taxpayers suspected of claiming fraudulent conservation easement deductions. This includes both conducting intensive investigations and offering a “time-limited” settlement opportunity to those that may have violated the law. Taxpayers that are facing potential liability related to their conservation easement deductions should consult with an experienced Washington D.C. tax attorney promptly.
Read MoreOffshore Account UpdatePosted in on May 29, 2026
The Internal Revenue Service (IRS) and U.S. Department of Justice (DOJ) have been ramping up their efforts to target small businesses, construction companies, and their executives in criminal tax fraud investigations. We have seen an increase in these cases in 2026, with businesses and their executives facing a wide range of federal criminal allegations. Learn more from Washington, D.C. business tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group.
Read MoreOffshore Account UpdatePosted in on May 15, 2026
On April 27, 2026, the Internal Revenue Service (IRS) announced “a new, streamlined way” for businesses to deal with Employee Retention Credit (ERC) denials. While the ERC was a pandemic-era program, the IRS and other federal authorities are continuing to aggressively target ERC fraud in 2026, and this aggressive approach has led to the denial of valid claims in many cases. Learn more from Washington D.C. tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group.
Read MoreOffshore Account UpdatePosted in on April 30, 2026
The U.S. Department of Justice (DOJ) recently provided an update on its ongoing efforts to prosecute pandemic-era fraud, including fraud under the Paycheck Protection Program (PPP) and Employee Retention Credit (ERC) programs. The DOJ is working alongside the Internal Revenue Service (IRS) to uncover instances of PPP and ERC fraud, and, in many cases, DOJ prosecutions are flowing from IRS audits and investigations. Learn more from Washington D.C. tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.
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