Offshore Account UpdatePosted in on February 27, 2026
If you are facing an IRS criminal tax audit in New Jersey, it is critical to understand how this differs from facing a “normal” examination. From the IRS personnel and processes involved to the potential outcomes, there are numerous critical differences, and understanding these differences is essential for making informed decisions about your defense. Learn more from New Jersey criminal tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.
Read MoreOffshore Account UpdatePosted in on February 13, 2026
IRS criminal tax audits can present substantial risks for the taxpayers targeted in these inquiries. Facing criminal prosecution in federal court is a very real possibility, and all tax crimes carry step penalties under federal law. Understanding what is at stake in your case is critical—as is knowing what options you have available. Find out more from New Jersey tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group:
Read MoreOffshore Account UpdatePosted in on January 30, 2026
Just before the end of 2025, the Internal Revenue Service (IRS) announced several proposed changes to its Voluntary Disclosure Program (VDP). The proposed changes are subject to public comment through March 22, 2026, and, if finalized, they could take effect before the end of the year. Learn what taxpayers should know about the proposed changes from New Jersey criminal tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group:
Read MoreOffshore Account UpdatePosted in on January 16, 2026
Filing under the IRS’s Voluntary Disclosure Program (VDP) is an option for U..S. taxpayers who need to resolve willful violations of the Internal Revenue Code (IRC), Bank Secrecy Act (BSA), Foreign Account Tax Compliance Act (FATCA), and other federal tax laws. While there have been several iterations of the VDP over the past couple of decades, the current version of the VDP has now been in place for several years. If you have questions about filing under the VDP in 2026, here are some important insights from New Jersey tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group:
Read MoreOffshore Account UpdatePosted in on December 31, 2025
The Internal Revenue Service (IRS) is leveraging its ability to conduct invasive audits to collect additional taxes, interest and penalties from both domestic and foreign U.S. taxpayers. This includes businesses, partnerships and high-income individuals. In this article, New Jersey tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group, explains common issues that can trigger IRS audits and highlights some of the risks involved.
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