Offshore Account UpdatePosted in on May 30, 2025
If you are behind on your federal tax obligations, you are not alone. However, this does not mitigate the risks you are facing. The IRS targets delinquent taxpayers through a variety of means, and if the IRS targets you in an audit or investigation, you could face substantial liability. Learn more from New Jersey tax audit lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.
Read MoreOffshore Account UpdatePosted in on May 16, 2025
The Internal Revenue Service (IRS) is one of a handful of federal agencies that have whistleblower programs. Under the IRS’ Whistleblower Program, whistleblowers are entitled to strict confidentiality, and they are also entitled to financial rewards if they help the agency pursue a successful enforcement action. As a result, many companies find themselves facing IRS scrutiny as a result of whistleblower complaints. If a whistleblower has reported your company to the IRS, what do you need to know? New Jersey tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group, explains.
Read MoreOffshore Account UpdatePosted in on April 25, 2025
If you missed the deadline to file your federal tax return by April 15, 2025, avoiding scrutiny from the Internal Revenue Service (IRS) should be a top priority. Facing an IRS audit when you haven’t filed a return can have serious consequences, especially when you know that you are behind on your federal tax obligations. What can (and should) you do in this scenario? Find out from New Jersey tax audit lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.
Read MoreOffshore Account UpdatePosted in on April 11, 2025
If you are planning to file your federal tax return on April 15, you are not alone. Many taxpayers wait until the last minute to file—whether they are simply procrastinating or they are holding onto their funds for as long as possible. In either scenario, it is important to avoid last-minute filing mistakes that have the potential to trigger IRS scrutiny. Learn more from New Jersey tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group.
Read MoreOffshore Account UpdatePosted in on March 31, 2025
Business owners and independent contractors (including gig workers) need to be careful when preparing their tax returns in 2025. Business tax filing mistakes can lead to substantial penalties—including criminal penalties in some cases. Learn more from New Jersey IRS lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.
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