Offshore Account UpdatePosted in on February 13, 2026
Facing an IRS criminal tax audit presents substantial risks. Not only can targeted taxpayers face substantial liability for back taxes, interest and penalties, but individuals (including business owners and executives) can face prison time as well. As a result, an informed and strategic defense is essential—and this starts with knowing what to expect during (and after) the process. Find out what you need to know from Washington D.C. tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group:
Read MoreOffshore Account UpdatePosted in on January 30, 2026
The Internal Revenue Service is seeking public comment on proposed changes to its Voluntary Disclosure Program (VDP). This is a standard part of the federal rulemaking process, and after considering public comments, the IRS can finalize the proposed changes and implement them. According to a recent press release, the IRS plans to implement its proposed changes within 6 months of finalization, which could take effect before the end of 2026. Learn more from Washington D.C. tax evasion attorney Kevin E. Thorn, Managing Partner of Thorn Law Group:
Read MoreOffshore Account UpdatePosted in on January 16, 2026
The IRS’s Voluntary Disclosure Program (VDP) remains open in 2026. Filing under the VDP is an option for resolving willful tax law violations before the IRS opens an audit or launches a criminal investigation. Keep reading to learn five important facts about the VDP in 2026 from Washington D.C. tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.
Read MoreOffshore Account UpdatePosted in on December 31, 2025
The Internal Revenue Service (IRS) has been ramping up its efforts to target businesses, partnerships and individuals with high-risk audits. We have recently seen a significant uptick in audits targeting entities and high-income individuals, and it appears that this trend will continue well into 2026. Learn more from Washington D.C. tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group:
Read MoreOffshore Account UpdatePosted in on December 17, 2025
The One Big, Beautiful Bill (OBBB) enacted on July 4, 2025 changed the rules for Employee Retention Credit (ERC) claims filed after January 1, 2024. Recently, the Internal Revenue Service (IRS) issued a Fact Sheet with answers to frequently asked questions (FAQs) about the revised rules.
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