Couple Saves over $1.1 Million in Penalties After Kevin E. Thorn Guides them through a Sensitive IRS Voluntary Disclosure
Under the guidance of Managing Partner Kevin E. Thorn, the attorneys at Thorn Law Group assisted a husband and wife with undisclosed foreign bank accounts save over $800,000 in FBAR penalties. After the clients removed themselves from the IRS Offshore Voluntary Disclosure Program, their case was sent to IRS Appeals and then the United States Tax Court. Mr. Thorn successfully negotiated with the IRS Attorney to ensure that the clients would not have to pay the substantial additional tax and FBAR penalty. Ultimately, Mr. Thorn helped the clients save over $1.1 million in additional tax and penalties through his client’s IRS voluntary disclosure.