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Archive by Month: May 2022

2021 Data Book Highlights the IRS’ Tax Enforcement Priorities

Offshore Account Update

Posted in on May 31, 2022

The Internal Revenue Service (IRS) recently released its 2021 Data Book. As the IRS explains, the Data Book “is published annually . . . and provides data on collecting the revenue, issuing refunds, enforcing the law, assisting the taxpayer, and the budget and workforce.” For taxpayers, the most important aspects of the IRS’ Data Book are its statistics on collections and enforcement. Here are some of the highlights from New Jersey tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group:

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What You Need to Know if You are the Victim of a Tax Scam

Articles/News, Offshore Account Update

Posted in on May 20, 2022

It is around this time each year that many individuals learn they have fallen victim to tax scams. From fraudulent tax return preparers to phone and email phishing scams, taxpayers face several risks if they are not careful. If you thought you filed your taxes on time but now find yourself dealing with the Internal Revenue Service (IRS), here are some important facts from New Jersey tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group:

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