7 Mistakes That Could Lead to Problems with the IRS in 2021
Articles/News, Offshore Account UpdatePosted on February 26, 2021
Posted on February 26, 2021
Posted on February 12, 2021
The Internal Revenue Service (IRS) has signaled its intent to target tax evasion and tax fraud in a number of specific areas in 2021. Among others, this includes sports, gambling, lending practices and trusts. Here, Boston tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group, highlights some of the key issues that can lead to problems for taxpayers in Massachusetts if they do not manage their federal income tax reporting and payment obligations appropriately.
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