Thorn Law Group Helps Numerous Insurance Companies Come into Compliance with U.S. Tax Law through the IRS Voluntary Disclosure Program
Mr. Thorn has represented multiple insurance companies and individuals with undisclosed international bank accounts and insurance policies. He and the firm have been able to successfully review whole life insurance policies and determine whether or not they should be disclosed as taxable income with an IRS voluntary disclosure. Managing Partner, Kevin E. Thorn, guided both multiple insurance companies and the individuals involved through the complicated process of determining which polices were not reportable and which were subject to FBAR reporting to the Internal Revenue Service (“IRS”) via an IRS voluntary disclosure.
