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Hawaii IRS Attorney

Providing Skilled Legal Services to Taxpayers in Hawaii Who Have Offshore Accounts

The Hawaii IRS attorneys at Thorn Law Group provide skilled legal counsel for taxpayers who are the owners of or signature authorities over offshore accounts. We have successfully resolved an array of complex tax matters and controversies, including assisting clients with voluntary disclosure and contesting allegations of tax fraud. Turn to our firm for assistance with Foreign Bank Account Reporting (FBAR), the Foreign Account Tax Compliance Act (FATCA), the Offshore Voluntary Disclosure Program (OVDP), IRS and DOJ criminal investigations, voluntary disclosure and more.

Do You Have Assets in an Offshore Account? You May Be at Risk of IRS Penalties

Recently, the IRS has stepped up its efforts to go after individuals and businesses with foreign-held accounts and assets. Taxpayers with offshore accounts who are required to file taxes in Hawaii are required to disclose their accounts if their aggregate value goes above $10,000 at any time in a calendar year. Since this figure is based on aggregate total, it applies to the sum of all foreign accounts. Meaning, you must factor in the combined amount of your accounts and keep track of when the combined total exceeds $10,000.

Failure to disclose offshore accounts – or making a mistake when reporting foreign-held assets – can result in taxpayers incurring life-changing penalties, like expensive fees along with civil and criminal consequences. Luckily, help is available right now to prevent you from incurring IRS penalties.

Kevin E. Thorn, Managing Partner at Thorn Law Group, and his legal team have the skills, determination and experience it takes to surpass the most complex of IRS cases. As a former attorney for the IRS and U.S. Tax Court, Kevin E. Thorn knows exactly what’s at stake for clients and how to achieve the successful results they desire. We have helped hundreds of taxpayers save millions of dollars in IRS fees and have stopped clients from incurring the most severe of tax-related charges. Let us do the same for you.

Committed to Finding Swift and Successful Solutions for Offshore Account Matters

Thorn Law Group is committed to finding fast and successful solutions for taxpayers in Hawaii who have offshore accounts to disclose. Whether you are an individual or a business owner, have new foreign accounts to report or prior FBARS to amend, trust that our IRS lawyers will not rest until we have explored every possible solution for your case to prevent you from incurring severe tax-related penalties.

Speak with a member of our firm today for assistance with any of the following:

Come Into Compliance With FBAR Regulations With the Help of a Hawaii IRS Attorney

Each foreign account case is unique, and therefore, should not be approached in the same way. At Thorn Law Group, we believe in providing a personalized, solution-driven approach with all our clients to ensure that the optimal course of action is taken to maximize your results and save you from incurring severe IRS penalties. To discuss your offshore account matters, contact Managing Partner Kevin E. Thorn today to schedule a consultation.


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