Category: IRS Whistleblower

ATTORNEY NEWSLETTER Securities and Exchange Commission Rewards Whistleblowers Any Securities Fraud Can Be The Basis of a Whistleblower Case Over $396 Million Awarded Since SEC Whistleblower Program Began Last month, the U.S. Securities and Exchange Commission (SEC) announced two whistleblower awards in connection with multiple enforcement actions against several companies […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Wants Whistleblower Help Individuals May Submit Reward Claims Information Can Lead To Investigation Even If Not Exact The U.S. Commodity Futures Trading Commission (CFTC) announced on January 27 that it settled fraud allegations against a commodity pool operator and its CEO for over $10 […]

ATTORNEY NEWSLETTER Taxpayer First Act Helps Whistleblowers Protections Against Employer Retaliation Expanding The Disclosures Protected By Law Laws enacted within the last year enhanced the Internal Revenue Service’s (IRS) whistleblower program for accountants, tax professionals, and other insiders who blow the whistle on tax fraud. Whistleblower rewards rose too. Over […]

ATTORNEY NEWSLETTER Taxpayer First Act Helps Whistleblowers New Protections Against Employer Retaliation Awards Exceeded $430 Million In Last Two Years Based on Fiscal Year 2019 figures just released, the Internal Revenue Service (IRS) awarded more than $430 million in 2018-2019 to individual citizens who blew the whistle on tax fraud. […]

ATTORNEY NEWSLETTER Internal Revenue Service Rewards Whistleblowers Over $312 Million in IRS Whistleblower Rewards Last Year IRS Targets Offshore Tax Avoidance Last year the Internal Revenue Service (IRS) created a task force of agents dedicated exclusively to international tax enforcement as part of the IRS criminal investigations unit. When it […]

ATTORNEY NEWSLETTER Taxpayer First Act Helps Whistleblowers New Protections Against Retaliation for Employees Blowing Whistle on Tax Fraud  Awards Exceed $312 Million Last year alone, the Internal Revenue Service (IRS) awarded more than $312 million to individual citizens who blew the whistle on tax fraud. Much of the fraud included […]

ATTORNEY NEWSLETTER Microcaptive Insurance Tax Abusers Corporations Use Small Captive Insurance Companies To Avoid Tax The Internal Revenue Service (IRS) has begun sending letters to up to 200 companies, offering to settle open investigations of abusive insurance transactions with the companies’ own small, insurance subsidiaries (known as “microcaptives”). These companies […]

ATTORNEY NEWSLETTER Internal Revenue Service Rewards Whistleblowers Offshore Tax Avoidance Schemes Targeted The Internal Revenue Service (IRS) rewards people who provide credible information to the IRS regarding tax scams including tax avoidance through the use of offshore accounts and companies. The IRS aggressively pursues taxpayers who use offshore tax avoidance […]

ATTORNEY NEWSLETTER Taxpayer First Act Helps Whistleblowers New Privacy Safeguards, Quicker Response Time, and Protections Against Retaliation Individuals who blow the whistle on tax fraud through the Internal Revenue Service’s (IRS) Whistleblower Program benefitted from recent improvements in the IRS whistleblower rules and procedures. The Taxpayer First Act (TFA), enacted […]

ATTORNEY NEWSLETTER Government Agencies Want Whistleblower Help 2018 Record Breaking Year for Whistleblower Rewards Whistleblowers assist the government in all kinds of enforcement efforts (sometimes referred to as “qui tam” cases) and ultimately can be rewarded for blowing the whistle on fraud or other violations of the law. The U.S. […]