The Internal Revenue Service (IRS) is warning U.S. taxpayers to be cautious about falling for online scams that encourage false credits, deductions, and withholdings during the 2025 tax season. These scams are becoming increasingly common—especially on social media—and, as the IRS makes clear, falling victim to a scam is not an excuse for paying less than you owe. Learn more from Washington D.C. tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.Read More

The Internal Revenue Service (IRS) recently issued a News Release highlighting seven important changes to the federal tax code for 2025. These changes apply to tax returns for the 2024 tax year filed with the IRS in 2025. Here is an overview of what taxpayers need to know from Washington D.C. IRS tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.Read More

What should you do if you discover past mistakes when preparing your tax return in 2025? If you are asking this question, you are not alone. Federal tax mistakes are extremely common, and unintentional mistakes are among the main reasons why individual taxpayers face audits from the Internal Revenue Service (IRS). Learn more from Washington D.C. tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.Read More

In the United States, federal income taxes are “pay-as-you-go.” As the Internal Revenue Service (IRS) explains, this means that taxpayers “must pay most of their tax throughout the year in which their income is earned or received.” For those who don’t have federal taxes withheld from their paychecks, this means making quarterly estimated tax payments. So, what if you failed to pay estimated taxes to the IRS in 2024? Washington D.C. IRS tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group, explains.Read More

The Internal Revenue Service (IRS) has adopted new regulations that establish disclosure requirements for certain partnership “basis shifting” transactions. These new disclosure requirements apply to both future transactions and transactions closed within a six-year lookback period, and failure to comply can expose partnerships, individual partners and their advisors to substantial liability. Learn more from Washington D.C. tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group.Read More