Along with reporting their income to the federal government, many U.S. taxpayers have an obligation to report their offshore accounts as well. Just like underreporting income, failing to report offshore accounts can have serious consequences. Offshore account violations can carry civil or criminal penalties depending on the circumstances involved, and the IRS has aggressively enforced offshore account disclosure compliance in recent years. Learn more from Virginia offshore tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.

The Internal Revenue Service (IRS) is working with the U.S. Department of Justice (DOJ) to pursue criminal tax cases with increasing frequency. These cases often involve substantial penalties—including large fines and prison time. Who is most at risk, and what can (and should) these taxpayers do to protect themselves? Virginia criminal tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group, explains.

The Internal Revenue Service (IRS) has announced that the federal individual and corporate underpayment interest rates are staying the same for the fourth quarter of 2025. This means that they have remained unchanged for the entirety of the year. What do you need to know if you owe interest to the IRS? Virginia tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group, explains:

Internal Revenue Service (IRS) investigations targeting Paycheck Protection Program (PPP) fraud and Employee Retention Credit (ERC) fraud are on the rise. Even though both of these pandemic-era programs ended several years ago, the IRS is continuing to aggressively pursue charges against businesses and business owners—and it has ramped up its efforts in recent months. Learn more from Virginia tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.

IRS audits are on the rise. Consistent with plans the IRS announced last year, we are seeing a high level of audit activity in cases involving large businesses and high-income individuals. Learn more from Virginia tax audit lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.