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Archive by Month: May 2022

10 Notable Statistics from the IRS’ 2021 Data Book

Posted in News, Offshore Account Update on May 31, 2022

The Internal Revenue Service (IRS) recently published its Data Book for 2021. The 2021 Data Book contains a lot of information; and, while much of this information will only be of interest to tax professionals, there are some important takeaways for U.S. taxpayers as well. In this article, Virginia tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group, discusses 10 of the most notable statistics of which taxpayers should be aware: Read More

What Should You Do if IRS CI Contacts You for an Interview?

Posted in News, Offshore Account Update on May 20, 2022

Facing scrutiny from the Internal Revenue Service’s Criminal Investigation Division (IRS CI) is a serious matter. As its name suggests, IRS CI investigates cases of suspected criminal tax law violations, and these investigations can lead to charges for tax evasion, tax fraud and a host of other federal white-collar crimes. Read More

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