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News and Events

Archive by Year:2018

Filing Your Taxes Via Postcard: Is That in the Near Future?

Posted in News on October 31, 2018

Tax law issues have become more complicated for many in recent years, thanks to new requirements for individuals with offshore investment accounts and thanks to tax reform that occurred with the passage of the Tax Cuts and Jobs Act. Read More

Online Retailers and Sales Tax: Supreme Court Addresses the Issues

Posted in News on September 28, 2018

It is imperative for both individuals and businesses to understand the rules associated with their tax liability. A Maryland tax attorney can provide representation and advice on complying with changing tax laws and can provide assistance to those who are concerned that they may not have fulfilled all of the IRS requirements.

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IRS Tax Scams: Who Made The Dirty Dozen List?

Posted in News on August 31, 2018

Maryland tax attorney Kevin Thorn provides assistance to taxpayers who are at risk of civil or criminal action by the IRS as a result of alleged fraud or other tax crimes. There are many different types of misconduct that could result in taxpayers facing an IRS investigation, including keeping money offshore but not declaring it or claiming too many deductions or failing to report all income earned. Read More

Why End OVDP? A Former IRS Attorney Provides His Perspective

Posted in News, Offshore Account Update on August 13, 2018

The official end of the IRS’ Offshore Voluntary Disclosure Program may have come as a shock to many with undisclosed bank accounts overseas. Those with undisclosed assets are at risk of IRS prosecution, severe audits, massive penalties and even jail time. If you have undisclosed offshore accounts, it is imperative that you speak with Maryland tax attorney Kevin E. Thorn to discuss your options. As a former IRS attorney, the closure of the OVDP is not very surprising at all. In fact, there are a number of reasons why this closure actually seems to be in the best interest of the IRS. Read More

Managing Partner Kevin E. Thorn - 5 Things You Should Know From the Paul Manafort Trial

Posted in News, Offshore Account Update on August 2, 2018

Managing Partner Kevin E. Thorn was recently asked by a DC news source to comment on former Trump campaign chairman Paul Manafort’s trial taking place in a federal court in Alexandria, Virginia.

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