An informative Blog written by Thomas Pliske and Shine Lin of the Tax Whistleblower Law Firm regarding important issues dealing with the IRS Whistleblower Informant Program.
The IRS whistleblower statute (IRC § 7623) mandates that an individual that provides information to the IRS be paid an award of 15%-30% of the proceeds collected as a result of the action (including any “related” actions) that is taken by the IRS.
Read MoreThe revised IRS whistleblower program is on its 13th year. The good news is that last year the IRS disclosed it collected $1.5 billion as a result of whistleblowers. However, the bad news was that it took an average of 9.32 years for the IRS to pay an award to the whistleblower. In order for the IRS to increase the success rate of the whistleblower program, there needs to be deadlines; for example, the IRS’ April 15th return filing deadline is probably one of the most recognized deadlines.
Read MoreThe IRS whistleblower award program (both under I.R.C. § 7623(a) and I.R.C. § 7623(b)) allows the whistleblower to request a detailed report for awards under both the “a” and “b” award programs. Once the whistleblower obtains a detailed report, the whistleblower, upon execution of a confidentiality agreement, may review the administrative file (usually under the direct supervision of the whistleblower analyst in Washington D.C.). This final review is what is termed an Administrative Appeal of the award determination. The key here is that the IRS needs to first determine an award and issue a preliminary award recommendation/determination letter.
Read MoreThe Tax Whistleblower Law Firm (TWLF) specializes in the preparation of the Form 211 Claims package to report underpaid taxes to the Internal Revenue Service (IRS) under the Tax Whistleblower Reward Program. The TWLF team, anchored by a former IRS attorney, consists of qualified tax attorneys with over 40 combined years of tax-related legal experience. Our services are solely dedicated in the IRS Whistleblower Program and U.S. Tax Court litigation of Tax Whistleblower determinations.
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