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.

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.

The Internal Revenue Service has launched an aggressive audit campaign targeting foreign artists and athletes who work in the U.S. Mr. Thorn urges all foreign artists and athletes who may have U.S. tax liability to seek experienced tax law representation to ensure compliance and avoid substantial civil penalties.

The U.S. Government has obtained new client data on U.S. taxpayers with undisclosed offshore bank accounts. Kevin E. Thorn, Managing Partner of the Thorn Law Group urges U.S. taxpayers with undisclosed offshore accounts to enter the IRS’s 2012 Offshore Voluntary Disclosure Initiative in light of these recent developments.