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NewsPosted in on April 30, 2020
On March 5, 2020, the Internal Revenue Service (IRS) announced the creation of a new Fraud Enforcement Office. According to a statement from the IRS, “the new office will reside in the IRS Small Business/Self Employed Division and work on agency-wide compliance issues.” Here, Washington D.C. business tax attorney Kevin E. Thorn explains what this means for small businesses.
Read MoreNewsPosted in on March 20, 2020
Treasury Secretary Steven Mnuchin has announced that the 2020 tax filing deadline will now be July 15 for both individual and corporate tax filers.
Read MoreNewsPosted in on August 8, 2019
Taxation of cryptocurriences is a new and constantly developing area. That is why you need counsel with expertise in IRS enforcement to help you navigate these complex issues, particularly if you are concerned that an audit of your account may lead to other issues, such as foreign reporting compliance, tax evasion, or threat of criminal activity.
Read MoreNewsPosted in on February 28, 2019
It has happened to the best of people. You simply are not able to come up with the cash to meet your IRS tax liability. You are worried about the repercussions of not paying your taxes. Can the government come after your assets? Is the IRS going to garnish your wages or put you out of business with liens on your assets?
Read MoreNewsPosted in on February 1, 2019
Thorn Law Group’s Managing Partner, Kevin E. Thorn, was asked his perspective on what effect the government shutdown will have on international taxpayers by Bloomberg News. See what he had to say about the situation with the link below!
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