When the Internal Revenue Service (IRS) extended the federal income tax filing deadline to May 17 for 2021, it left another important deadline untouched: U.S. taxpayers who owned foreign bank accounts in 2020 remained obligated to disclose these accounts by April 15. Since this date has passed, what should you do if you failed to file your Report of Foreign Bank and Financial Accounts (FBAR) on time? Boston international tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group, explains:

Thorn Law Group, a well-known Boston arts law firm and entertainment agency is part of the team developing a new Greek historical action-adventure film. The new venture is considering talented directors, including Robert Zemeckis, Guy Ritchie, and John Woo.  

It has been reported that a Greek billionaire is behind the backing of a new high-octane action-adventure feature film that will center around Greek history, music, and freedom.

Kevin E. Thorn, the founding member and managing partner of Thorn Law Group, was recently featured in a Wall Street Journal article as a leading attorney in the DC region.   The publishers of the August 3, 2015 Capital Region’s Premier Lawyers’ Supplement recognized the achievements of fifteen leading firms in the DC metro area, including the DC-based Thorn Law Group.   This special Supplement noted that Thorn’s extensive tax law experience and background as a former IRS attorney makes him the “ultimate insider on tax matters for the D.C., Maryland and Virginia area.”

Kevin E. Thorn of the Thorn Law Group warns that U.S. Taxpayers with undisclosed overseas bank accounts should come forward now before the Swiss bankers who helped them hide their undisclosed accounts are extradited to the United States and give them up in exchange for reduced penalties or sentences. Thorn asks, “Do you trust that the Swiss banker who helped you hide your funds will remain silent about you and your undisclosed offshore accounts?”