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IRS Releases New Guidance Concerning 2012 Voluntary Disclosure Program: Could be Last Chance for Reduced Penalties for Taxpayers with Undisclosed Accounts

Press Releases

Posted in on July 12, 2012

The Internal Revenue Service issued new guidance pursuant to the 2012 Voluntary Disclosure Program. Mr. Thorn urges U.S. taxpayers with undisclosed offshore accounts to take advantage of the Amnesty Program and come into compliance before it is too late!

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Liechtenstein Landesbank to Turn Over Client Names: Undisclosed Offshore Account Holders at Risk of Investigation Should Enter the 2012 Amnesty Initiative

Press Releases

Posted in on June 19, 2012

Liechtenstein authorizes its second largest bank to turn over client data to United States Authorities. Kevin E. Thorn urges U.S. taxpayers with undisclosed offshore accounts maintained through Liechtensteinische Landesbank to come forward through the IRS’s 2012 Offshore Voluntary Disclosure Initiative.

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U.S. Taxpayers with Undisclosed Offshore Accounts: Enter the IRS 2012 Amnesty Initiative

Press Releases

Posted in on May 30, 2012

The IRS 2012 Voluntary Disclosure Program (Amnesty Initiative) is crucial to increasing international tax enforcement. Kevin E. Thorn, Managing Partner of the Thorn Law Group, believes all U.S. taxpayers with undisclosed offshore accounts should enter the IRS 2012 Amnesty Initiative to avoid criminal prosecution.

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Internal Revenue Service Reports 2012 Voluntary Disclosure Program Continues to Bring-in U.S. Taxpayers with Undisclosed Offshore Accounts

Press Releases

Posted in on May 21, 2012

U.S. authorities believe the IRS 2012 Amnesty Program (Voluntary Disclosure Program) is an invaluable asset to increasing international tax enforcement and bringing U.S. taxpayers into compliance. Kevin E. Thorn, Managing Partner of the Thorn Law Group, urges all U.S. taxpayers with undisclosed offshore accounts to come forward as soon as possible and to enter into the IRS’s 2012 Amnesty Program to avoid criminal prosecution.

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Credit Suisse Provides IRS with Data of U.S. Citizens with Undisclosed Offshore Accounts: Last Chance for Taxpayers to Enter IRS's 2012 Amnesty Program

Press Releases

Posted in on May 1, 2012

Chief Executive Brady Dougan of Credit Suisse has confirmed that Credit Suisse has turned over client data to U.S. tax investigators. Kevin E. Thorn, Managing Partner of the Thorn Law Group, urges all U.S. taxpayers with undisclosed offshore accounts at Credit Suisse to come forward as soon as possible and to enter into the IRS’s 2012 Amnesty Program to avoid criminal prosecution.

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