Kevin E. Thorn assists an Italian athlete and coach with his complicated international tax affairs.
Mr. Thorn assisted an Italian athlete and coach with his complicated international tax affairs. This individual had undisclosed offshore accounts throughout Europe and in the Islands. Mr. Thorn guided the individual through the complicated process of coming into tax compliance through the IRS Offshore Voluntary Disclosure Program. Through his participation in OVDP, the Italian athlete was successfully able to disclose all foreign assets to the Internal Revenue Service (“IRS”). Managing partner Kevin E. Thorn has helped the athlete and his family stay in compliance since, in turn helping them to avoid charges of fraud, severe penalties, and criminal prosecution.