News and Events

Taxpayers who own offshore accounts with an aggregate value of $10,000 or more at any time during the calendar year are required to file a Report of Foreign Bank and Financial Accounts (FBAR) with the Financial Crimes Enforcement Network (FinCEN). FBAR filings are due on April 15, though all taxpayers receive an automatic six-month extension—making FBARs due no later than October 15 each year. Read More

The Internal Revenue Service (IRS) is devoting substantial resources to criminal tax enforcement. This has led to a rise in IRS criminal tax cases targeting both individual and corporate taxpayers. If you are under investigation or facing charges—or if you have concerns about facing an investigation or criminal tax charges—keep reading to learn more from Maryland criminal tax lawyer Kevin E. Thorn, Managing Partner of U.S. International Tax Advisors. Read More

While the COVID-19 pandemic may be a thing of the past, the Internal Revenue Service (IRS) is continuing to target businesses and business owners suspected of engaging in fraud under pandemic-era programs. This includes fraud under the Paycheck Protection Program (PPP) and the Employee Retention Credit (ERC) program—both of which were intended to help struggling businesses keep their employees on staff during lockdowns. Learn what business owners need to know about facing allegations of pandemic-era fraud in 2025 from Maryland tax lawyer Kevin E. Thorn, Managing Partner of U.S. International Tax Advisors. Read More

Last year, the Internal Revenue Service (IRS) announced plans to significantly increase its audit rates for large businesses and high-income individuals—and so far it appears to be following through. If your business or you personally are on the IRS’s radar, what do you need to know? Maryland tax audit lawyer Kevin E. Thorn, Managing Partner of U.S. International Tax Advisors, explains. Read More

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