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News & Events

Category: News - Page 8

It Is Believed That Credit Suisse May Soon Reach a Deal With the Justice Department, That Will Turn Over U.S. Taxpayer‘s Undisclosed Account Information

News, Offshore Account Update

Posted in on May 9, 2014

Disclosure to the IRS through the IRS Amnesty Program must occur before the U.S. Taxpayer is contacted by the IRS.

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Kevin E. Thorn quoted in New York Times article on the IRS Voluntary Disclosure program and Swiss bank accounts

Articles & Publications, News

Posted in on March 9, 2012

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Nearly 15,000 Americans admit offshore tax cheating

Articles & Publications, News

Posted in on November 18, 2009

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IRS Extends Offshore Voluntary Disclosure Deadline

Articles & Publications, News

Posted in on September 22, 2009

"The IRS on September 21 announced it is extending by several weeks - from September 23 until October 15 - the filing deadline for taxpayers with offshore accounts who want to take advantage of the Service's special voluntary disclosure program."

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New American tax unit dedicated to hunt down tax evaders

Articles & Publications, News

Posted in on September 14, 2009

Kevin Thorn of Thorn Law Group states that taxpayers with undisclosed foreign accounts should take careful notice of the IRS’s commitment of resources to a long-term strategy for pursuing unreported income and assets kept in undisclosed offshore accounts.

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"Kevin Thorn, Managing Partner of Thorn Law Group, is an excellent adviser. My family and I are US citizens living in Europe and the US. Mr. Thorn helped us to understand our opportunities for international investments and estate planning issues so that my siblings and I may continue to further the growth of our businesses, to care for our aging parents and provide for our children. Mr. Thorn and his team were sensitive to our family's needs and helped us identify and understand our options and potential risks associated with US and international activity."
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