News and Events

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

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. Read More

The Internal Revenue Service (IRS) has launched a new initiative targeting pass-through entities and their owners. Pass-through entities include partnerships, S-corporations, limited liability companies (LLCs) and trusts—which do not pay federal income tax at the entity level but instead “pass through” their tax liability to their owners (subject to certain exceptions). While millions of business owners rely on this pass-through tax treatment to lawfully minimize the amount they owe, the IRS nonetheless views pass-through entities as a potential red flag for fraud. Learn more from Maryland tax attorney Kevin E. Thorn, Managing Partner of US International Tax Advisors. Read More

The Internal Revenue Service (IRS) has reopened the Employee Retention Credit (ERC) Voluntary Disclosure Program through November 22, 2024. As a result, submitting an application under the ERC Voluntary Disclosure Program is currently one of several potential options for business owners who have improperly claimed the ERC. At the same time, however, the IRS has also reaffirmed its commitment to aggressively pursuing enforcement—with improper ERC claims carrying civil or criminal implications depending on the circumstances involved. Learn more from Maryland tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group: Read More