Posted in Offshore Account Update on March 20, 2026
U.S. taxpayers living abroad are generally subject to the same filing and payment obligations as those living in the United States. These include, but are not limited to, the obligation to disclose qualifying offshore accounts and other foreign financial assets to the federal government. For taxpayers living abroad who have not met their filing obligations, coming into compliance generally involves utilizing one of the IRS’s streamlined voluntary disclosure programs. Learn more from Maryland international tax attorney Kevin E. Thorn, Managing Partner of U.S. International Tax Advisors:
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Posted in Offshore Account Update on February 27, 2026
Criminal tax audits by the IRS can result in back taxes, fines, and even prison time. The IRS targets U.S. taxpayers worldwide, and all targeted taxpayers need to defend themselves effectively to avoid unnecessary consequences. What should you do if you are facing an IRS criminal tax audit? Find out from Maryland criminal tax lawyer Kevin E. Thorn, Managing Partner of U.S. International Tax Advisors.
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Posted in Offshore Account Update on February 13, 2026
The Internal Revenue Service (IRS) audits U.S. taxpayers worldwide. If you are facing an IRS criminal tax audit, there is a lot you need to know. Here are some important insights from Maryland tax attorney Kevin E. Thorn, Managing Partner of U.S. International Tax Advisors:
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Posted in Offshore Account Update on January 30, 2026
The IRS’ Voluntary Disclosure Program (VDP) provides a way for eligible U.S. taxpayers to resolve willful tax law violations without facing criminal charges. Pending changes to the VDP could impact some taxpayers’ decisions regarding whether to file under the VDP going forward. Learn more from Maryland criminal tax lawyer Kevin E. Thorn, Managing Partner of U.S. International Tax Advisors:
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Posted in Offshore Account Update on January 16, 2026
The IRS’s Voluntary Disclosure Program (VDP) remains open in 2026. While the IRS has proposed changes that could impact voluntary disclosures later this year, for now the rules that were in place in 2025 remain intact. If you are considering a voluntary disclosure in 2026, learn what you need to know from Maryland tax lawyer Kevin E. Thorn, Managing Partner of U.S. International Tax Advisors:
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