Posted in News, Offshore Account Update on July 31, 2025
Owning offshore accounts can trigger federal disclosure obligations, and failing to meet these obligations can trigger steep penalties. As a result, U.S. taxpayers who are behind on their offshore account disclosure violations need to make informed and strategic decisions with their long-term best interests in mind. Learn more from Maryland offshore tax lawyer Kevin E. Thorn, Managing Partner of U.S. International Tax Advisors.
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