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The IRS offers rewards for information on tax evasion and other noncompliance that allows the government to collect additional revenue. The IRS Whistleblower Office is explicitly looking for ...
The IRS Whistleblower Office is a branch of the United States Internal Revenue Service that will "process tips received from individuals, who spot tax problems in their workplace, while conducting day-to-day personal business or anywhere else they may be encountered." [2] Tipsters should use IRS Form 211 to make a claim. [3]
To claim a reward, you have to file IRS Form 211 and provide the IRS with evidence of the tax fraud. In addition, you must agree to assist the Whistleblower Office and its lawyers with the case.
The False Claims act does not apply to IRS Tax matters. [ 23 ] The statute provides that anyone who violates the law "is liable to the United States Government for a civil penalty of not less than $5,000 and not more than $10,000, as adjusted by the Federal Civil Penalties Inflation Adjustment Act of 1990, [ 24 ] plus 3 times the amount of ...
The $104 million award is the largest yet to come from the IRS whistle-blower program, designed to incentivize tipsters to report tax dodging. Taxpayers underpay by $385 billion annually, the IRS ...
Brad Birkenfeld is a former banker and wealth manager with UBS who exposed massive tax evasion in the Swiss banking system. He made history in 2012 when he received the largest ever whistleblower reward of $104 million from the IRS Office of the Whistleblower for reporting tax fraud.
Civil fraud: If the IRS believes you have committed tax evasion, but the offense is not considered criminal, you could face a penalty of 75% of the tax underpayment attributable to fraud.
A person convicted of committing tax fraud, or aiding and abetting another in committing tax fraud, may be subject to forfeiture of property [30] and/or jail time. [31] Conviction and sentencing is through the court system. Responsibility for prosecution falls to the U.S. Department of Justice, not the Internal Revenue Service.
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