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SportsIRS Proposes Significant Changes to Voluntary Disclosure Program (VDP) in 2026
Offshore Account UpdatePosted on January 30, 2026
News
Category: Offshore Account Update
The Internal Revenue Service (IRS) has proposed some significant changes to its Voluntary Disclosure Program (VDP). If adopted, these changes could take effect later this year and significantly impact the voluntary disclosure process. Learn more from Boston criminal tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group:Read More
IRS Voluntary Disclosure Program (VDP): Important Information for 2026
Offshore Account UpdatePosted on January 16, 2026
The IRS is Ramping Up Its Auditing Efforts Heading Into 2026
Offshore Account UpdatePosted on December 31, 2025
New IRS Fact Sheet Addresses Employee Retention Credit (ERC) Compliance
Offshore Account UpdatePosted on December 17, 2025
The Internal Revenue Service (IRS) recently published a Fact Sheet that addresses its ongoing efforts to target improper Employee Retention Credit (ERC) claims. The ERC was a pandemic-era program that provided significant tax benefits to eligible businesses. But, while eligible businesses were initially allowed to claim the credit retroactively into 2025, the One Big, Beautiful Bill (OBBB) retroactively revised the filing deadline to January 31, 2024.
Read MoreIRS Launches Two-Year Pilot Program to Make Post Appeals Mediation
Offshore Account UpdatePosted on November 28, 2025
The Internal Revenue Service (IRS) has launched a two-year pilot program that is intended to make the Post Appeals Mediation (PAM) process “more attractive to taxpayers.” The PAM process is an option for taxpayers who need to challenge decisions issued by the IRS’ Independent Office of Appeals. Learn more from Boston tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group:
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