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News & Events

Archive by Month: January 2014

Swiss Cantonal Banks And Private Banks Making Voluntary Disclosure To IRS: Time Is Running Out For Taxpayers To Make Voluntary Disclosure Of Offshore Accounts

Press Releases

Posted in on January 23, 2014

Kevin Thorn, the Managing Partner of Thorn Law Group discusses the impact on U.S. taxpayers with Swiss bank accounts caused by the recent commitment of many Swiss cantonal banks to disclose account information to the IRS: cautions the window of opportunity for U.S. taxpayers with undisclosed foreign bank accounts to take advantage of the IRS Voluntary Disclosure program may be closing rapidly.

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Swiss Banks Hand Over U.S. Taxpayer Names And Account Information: Enter the U.S. Voluntary Disclosure Program Now To Prevent Criminal Prosecution

Press Releases

Posted in on January 6, 2014

Kevin Thorn of the Thorn Law Group discusses the effect to U.S. Taxpayers in 2014 caused by the December 31, 2013 deadline for Swiss banks to join the U.S. disclosure program in order for the banks to avoid prosecution. Thorn cautions, “Time is running out for U.S. Taxpayers with undisclosed overseas bank accounts to enter into the IRS’s Voluntary Disclosure Program.”

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