News and Events

While non-fungible tokens (NFTs) have exploded in popularity over the past year, the Internal Revenue Service (IRS) has yet to provide guidance on the tax treatment of these digital assets. With Tax Day right around the corner, this presents challenges for NFT creators and investors. Even without IRS guidance, U.S. taxpayers must still do their best to comply with the law, as Maryland tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group, discusses below. Read More

With Tax Day right around the corner, the Internal Revenue Service (IRS) has issued several reminders for U.S. taxpayers. In this article, Maryland tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group, summarizes some of the key information taxpayers need to know. Read More

Since the start of the pandemic, combatting COVID-related fraud has been a priority for the Internal Revenue Service’s Criminal Investigation Division (IRS CI) and other federal law enforcement authorities. Based on IRS CI’s enforcement activity in January, it appears that combatting COVID-related fraud remains a priority in 2022, and individuals and businesses that are under investigation (or concerned about facing an investigation) should consult with a Maryland criminal tax attorney promptly. Read More

Whether as a secondary source of income or as a result of being laid off during the COVID-19 pandemic, many people turned to the gig economy last year. If you earned gig income in 2021, the Internal Revenue Service (IRS) wants you to know that it expects you to pay what you owe in 2022. Maryland tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group, explains.   Read More

As we head into 2022, there is a lot that individual and corporate taxpayers need to know in order to be prepared. From new reporting obligations to new enforcement priorities, there were a lot of headlines in 2021. In this article, Maryland tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group, recaps some of the top stories from the year. Read More