Offshore Account UpdatePosted in on November 30, 2021
The Internal Revenue Service’s Criminal Investigation Division (IRS CI) recently released its Annual Report for fiscal year 2021. While the FY 2021 Annual Report discusses IRS CI’s enforcement efforts over the prior year, in doing so it sheds light on the division’s enforcement priorities heading into 2022. New Jersey tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group, explains.
Read MoreWhen do you have the right to hire a New Jersey tax lawyer to deal with the Internal Revenue Service (IRS) on your behalf? The answer is much simpler than most people think. While there are complex and nuanced rules about when defendants in criminal matters have the right to representation, you have the right to representation any time you are dealing with the IRS.
Read MoreThe deadline for filing an FBAR is October 15. While FBARs are technically due on Tax Day, U.S. taxpayers receive an automatic six-month extension to file without penalties. If you missed the October 15 deadline, what penalties are you facing? New Jersey international tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group, explains:
Read MoreFor U.S. taxpayers who requested an extension back in May, the October 15, 2021 extended filing deadline is fast approaching. But, what if you still aren’t ready to file your returns? Or, what if you can’t afford to pay what you owe the IRS for the 2020 tax year? New Jersey tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group, explains:
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Offshore Account UpdatePosted in on September 17, 2021
The federal government is continuing to crack down on individuals and businesses suspected of defrauding (and attempting to defraud) the government’s COVID-19 relief programs. The Internal Revenue Service’s Criminal Investigation Division (IRS CI) has been particularly active, announcing a dozen such cases in August and September alone.
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