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News and Events

Archive by Month: November 2021

Are You or Your Business a Possible Target for IRS CI in 2022?

Posted in News, Offshore Account Update on November 30, 2021

During its 2021 fiscal year, Internal Revenue Service Criminal Investigation (IRS CI) initiated more than 2,500 investigations resulting in approximately 1,250 sentencings. IRS CI increased its staffing during FY 2021, and it undertook various initiatives to increase its footprint in the U.S. and abroad. So, are you (or is your business) a possible target for IRS CI in 2022? In this article, Maryland tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group, shares some key insights for U.S. taxpayers heading into the new year.

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As Tax Season Nears, IRS Issues a Warning About Tax Scams

Posted in News, Offshore Account Update on November 12, 2021

It’s the Holiday Season, and that means that tax season is right around the corner. It also means that U.S. taxpayers need to be careful to protect themselves from tax scams. The IRS notes that “[i]n recent years, tax schemes and scams have been on the rise,” and it is warning taxpayers about two types of schemes, in particular, this year. Maryland IRS lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group, explains: Read More

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