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News and Events

Category: News - Page 4

Managing Partner Kevin E. Thorn - 5 Things You Should Know From the Paul Manafort Trial

Posted in News, Offshore Account Update on August 2, 2018

Managing Partner Kevin E. Thorn was recently asked by a DC news source to comment on former Trump campaign chairman Paul Manafort’s trial taking place in a federal court in Alexandria, Virginia.

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Do You Need to File an Amended Return?

Posted in News on July 30, 2018

While you are required to file your taxes by April each year, sometimes taxpayers need to make changes to the original tax returns that they have filed. In these circumstances, filing an amended return could become necessary.

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Missed The Tax Deadline? Learn About Your Options

Posted in News on June 29, 2018

If you missed the tax deadline, it is important that you act as quickly as possible to file your tax forms. The penalties can be much more serious for not filing at all than for filing but failing to pay your taxes, so you shouldn't hesitate to submit your tax forms for the 2018 year.

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New Criminal Tax Enforcement Groups Offer Help to the IRS

Posted in Hot Topics, News on May 31, 2018

The chief of the IRS Criminal Investigation Division (IRS-CI) spoke recently to a group of tax professionals at an event hosted by the American Bar Association.  Chief Don Fort told the tax attorneys who he was speaking to that the IRS now has two new enforcement units that are operational and that are working behind the scenes to analyze data to identify patterns and find taxpayers who are evading their U.S. tax obligations.

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Understanding Tax Brackets

Posted in News on April 30, 2018

When you are in the 25 percent tax bracket, this does not mean that you have to pay taxes on 25 percent of your total income that you earned.

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