IRS Whistleblower Actions
The IRS Whistleblower Program was established by the Tax Relief and Health Care Act of 2006, and processes claims submitted by individuals who uncover tax irregularities in their personal lives or places of employment. Individuals are awarded between 15% -30% of the proceeds that the Internal Revenue Service collects, if the IRS moves forward on a lead based in the information that is provided by the informant.
How to Receive an Award from the IRS Whistleblower Program!
The IRS Whistleblower Office pays money to individuals who provide specific and credible information to the IRS, and only if the information results in the eventual collection of taxes, penalties, interest or other amounts from noncompliant taxpayers. The IRS wants concrete information on individuals or companies that have not properly reported their tax obligations. The IRS does not want unsubstantiated speculation, or submissions based on individual grudges. It wants solid submissions supported by documentation.
There are basically two types of awards in the IRS Whistleblower Program:
1. The taxes, penalties, interest and other amounts in dispute must exceed $2 million, and if a few other qualifications are met, the IRS will pay 15% to 30% percent of the overall amount collected.
2. If on the other hand, the case deals with an individual, his or her annual gross income must be more than $200,000. If the whistleblower disagrees with the outcome of the claim, he or she can appeal to the Tax Court.
In addition to the conditions listed above, the IRS also has an award program for other types of whistleblowers. These cases involve those who do not meet the dollar thresholds of $2 million in dispute or cases involving individual taxpayers with gross income of less than $200,000.
Thorn Law Group Defends Those Who Report Fraud, Waste and Abuse
And Helps You Assert Your Rights to Any Award to Which You May Be Entitled!
Many individuals become nervous when it comes to dealing with the Internal Revenue Service and, as a result, are reluctant to come forward. A Washington DC tax attorney at Thorn Law Group is experienced at working with the IRS, and in representing individuals before the IRS’s Whistleblower Office. If you believe you have information concerning an individual or a company that has made mistakes or committed fraudulent acts with respect to their federal tax obligations, and has consequently underpaid their taxes, the Thorn Law Group can help.
For a confidential consultation, or to learn more about how a tax attorney at Thorn Law Group can help you with your tax and legal issues, contact Kevin E. Thorn, Managing Partner, at (202) 349-4033.