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:

The IRS is ramping up its auditing efforts heading into 2026. We have recently seen a substantial uptick in audits targeting both individuals and businesses. This includes corporate executives, licensed professionals, professional athletes, construction companies, financial services companies and technology companies (among others) in the U.S. and abroad. Are you (or is your business) at risk of facing an IRS audit in 2026? If so, what do you need to know? Boston tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group, explains.  

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.