Experienced Tax Attorneys

Call Us Confidentially Now: 202-349-4033

Call us confidentially now:

Confidential & Experienced Tax Lawyers

Get Help Now: 202-349-4033

International Business with Several Foreign Accounts Saves Millions with the Help of Kevin E. Thorn

An international business came to Mr. Thorn for assistance with multiple offshore bank accounts in regions including the Turks and Caicos, the Bahamas and Italy. When they came to the firm, their offshore bank accounts were undisclosed to the Internal Revenue Service (“IRS”). The business needed assistance with an IRS voluntary disclosure. Managing Partner, Kevin E. Thorn, helped the corporation to file multiple IRS Forms 5471 as well as FBARs. Mr. Thorn also guided the business through voluntarily disclosing all offshore bank accounts correctly in all jurisdictions and negotiated with the IRS to substantially reduce their FBAR penalties, saving the corporation millions of dollars.

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"I have personal knowledge that the tax attorneys at Thorn Law Group have developed a nationwide practice guiding individuals, banks, trusts, foundations and other organizations through the processes involved in managing and disclosing offshore bank accounts. The goal for our attorneys is to resolve potential legal issues in advance in order to bring their offshore bank accounts into compliance with government regulations."
Mélanie Corna