IRS Whistleblower Actions
IRS Whistleblower Actions
The IRS Whistleblower Program 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 Internal Revenue Service 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 Internal Revenue Service 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. They want solid submissions supported by documentation.
There are basically two types of awards in the IRS Whistleblower Program:
- 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.
- If on the other hand, the case deals with an individual, his 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's Tax and IRS Voluntary Disclosure Attorneys Can Help Protect Whistleblowers from Retaliation And Assert Your Rights to Any Award to Which You May Be Entitled!
Many individuals become nervous when it comes to the Internal Revenue Service and may be reluctant to come forward. The attorneys at Thorn Law Group are 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, consequently, has underpaid their taxes, the attorneys at Thorn Law Group can help.
To learn more about how the Thorn Law Group can help you with your tax and legal issues, contact Kevin E. Thorn, Managing Partner, at ket@thornlawgroup.com or 201-355-8202.
