News and Events

With prices climbing dramatically due to inventory shortages and historically low-interest rates early in the year, many U.S. residents have chosen to sell their homes in 2022. In response, the IRS recently published a Tax Tip reminding us of the tax implications of selling a residential property. In this article, Maryland tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group, covers some of the highlights: Read More

National Small Business Week was May 1- 7, 2022, as recognized by the Internal Revenue Service (IRS). During the week the IRS published several notices, reminders and Tax Tips intended specifically for small businesses—all focused on the IRS’ theme of “Building a Better America Through Entrepreneurship.” In this article, Maryland tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group, recaps some of the highlights: Read More