News & Events

The IRS has announced its plan to utilize FATCA in an effort to deter offshore tax evasion. Kevin E. Thorn, Managing Partner of the Thorn Law Group urges U.S. taxpayers with undisclosed offshore accounts to come forward now.

Bank Leumi is informing (w/letter) its U.S. clients to come forward and back into compliance with U.S. taxing authorities. Time to enter into the IRS Voluntary Disclosure Program!

IRS and the Department of Justice continue to obtain detailed account information from foreign banks without foreign banks alerting US taxpayers with undisclosed accounts.

Foreign banks are encouraging U.S. taxpayers with undisclosed offshore accounts to come forward through the IRS's 2012 Amnesty Program. Kevin E. Thorn, Managing Partner of the Thorn Law Group urges U.S. clients with foreign accounts to come forward before they become the subject of a criminal investigation.

Israeli and French banks are encouraging U.S. taxpayers with undisclosed offshore accounts to come forward through the IRS's 2012 Amnesty Program. Kevin E. Thorn, Managing Partner of the Thorn Law Group urges U.S. clients with foreign accounts held through these banks to come forward now.