Kevin E. Thorn, Managing Partner of Thorn Law Group, discusses the new 2014 IRS Amnesty Program and the impact that the new requirements may have on U.S. taxpayers who have undisclosed overseas accounts.
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Offshore Account UpdatePosted in on May 21, 2014
Because of this landmark case, other foreign banks may now enter into plea agreements with the U.S. Government.
Read MoreDisclosure to the IRS through the IRS Amnesty Program must occur before the U.S. Taxpayer is contacted by the IRS.
Read MoreOffshore Account UpdatePosted in on April 30, 2014
If you are a U.S. taxpayer with undisclosed offshore accounts, an IRS investigation into you could leave you facing severe civil and/or criminal penalties!
Read MoreOffshore Account UpdatePosted in on April 23, 2014
The Swiss banks have entered into this program in an attempt to avoid criminal prosecution and/or criminal investigation!
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