Posted in News, Offshore Account Update on January 31, 2022
The Internal Revenue Service (IRS) recently published an update to the status of its operations during the COVID pandemic, and this led to a wave of media coverage warning taxpayers to be prepared for an “overloaded” IRS during the 2022 filing season. But, while some of the IRS’s operations may be behind schedule, this does not mean that taxpayers can afford to relax. As Virginia IRS lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group, explains, taxpayers must be as careful as ever to ensure that they are meeting their federal obligations.
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Posted in News, Offshore Account Update on January 21, 2022
The Internal Revenue Service (IRS) recently released several sets of updated FAQs for U.S. taxpayers. The updated FAQs are intended to help taxpayers address a variety of specific issues as they prepare their annual returns for the 2021 tax year. In this article, Virginia tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group, covers some of the highlights:
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