Illegal Offshore Account Tax Fraud Whistleblower Award Lawsuit, Corporate Tax Fraud Informant Reward Lawsuit, & Tax Fraud Whistleblower Recovery Lawsuit Information

Tax Fraud Whistleblower Award Lawsuit, IRS Tax Fraud Whistleblower Reward Lawsuit, Corporate Tax Fraud Informant Award Lawsuit, Taxpayer Fraud Whistleblower Recovery Lawsuit, IRS Whistleblower Reward Lawsuit,  Illegal Offshore Account Tax Fraud Whistleblower Lawsuit, Federal Whistleblower Reward Lawsuit & IRS Whistleblower Payment for Detection of Fraud Lawsuit Information 
by Texas Illegal Offshore Account Tax Fraud Whistleblower Reward Lawyer and Tax Fraud Whistleblower Recovery Lawyer Jason Coomer

In 2006, the Tax Relief and Health Care Act that was signed into law included a whistleblower reward amendment that created mandatory reward language to the IRS to create a mandatory economic incentive to encourage tax fraud whistleblowers to step forward to help the government detect large scale fraudulent schemes.  By offering large potential rewards for reporting multimillion tax fraud schemes, the IRS has received hundreds of tax fraud tips from tax fraud informants regarding taxpayer fraud and massive violations of the tax code costing taxpayers Billions of dollars.  Many of the tips already received include fraud schemes of hundreds of millions and tens of millions of dollars.  It is estimated that this programs will result in hundreds of billions of dollars or even Trillions of dollars in tax fraud being detected.  

The economic incentives in the Tax Whistleblower Reward Programs are designed to encourage insider tax fraud informants and tax fraud whistleblowers with knowledge and evidence of large tax violations and tax fraud schemes to step forward and report the massive tax fraud.  The IRS is hoping that there will be several tax fraud whistleblowers and tax fraud informants that will help them detect and collect on an estimated $3 Trillion in illegal offshore accounts as well as several other tax-avoidance schemes that have been perpetrated by billionaires and millionaires as well as large corporations.

The IRS Whistleblower Reward Amendment requires the Internal Revenue Service to pay rewards to whistleblowers who exposed large scale tax fraud and taxpayer fraud including major tax underpayments, violations of the Internal Revenue Code, or other fraudulent schemes to unlawfully not pay taxes.  The IRS Whistleblower Reward Program is aimed at large multimillion dollar fraud schemes and tax violations in that the total amount of fraud or underpayment of taxes in dispute would have to exceed $2 million.

The IRS will pay the tax fraud whistleblower or tax fraud informant if the information presented substantially contributes to the collection of money by the IRS.  As such, the tax fraud whistleblower should have inside knowledge of and documentation of the tax fraud to be successful.

Tax Fraud Whistleblower Reward Lawsuit, IRS Tax Fraud Whistleblower Award Lawsuit, Corporate Tax Fraud Lawsuit, Taxpayer Fraud Whistleblower Recovery Lawsuit, IRS Whistleblower Reward Lawsuit,  Federal Whistleblower Reward Lawsuit & IRS Whistleblower Payment for Detection of Fraud Lawsuit Information 

To qualify for a whistleblower award under section 7623 (b), the information must:

• Relate to a tax noncompliance matter in which tax, penalties, interest, additions to tax and additional amounts in dispute exceed $2,000,000.00
• Relate to a taxpayer, and in the case of an individual taxpayer, one whose gross income exceeds $200,000.00 for at least one of the tax years in question

If the information meets the above criteria and substantially contributes to a decision by the IRS to take administrative or judicial action that results in the collection of tax, penalties, interest, additions in tax and additional amounts, then the IRS will pay an award of at least fifteen percent, but not more than thirty percent of what the IRS collects.  26 U.S.C. at 7623(b)(1).

Tax Fraud Whistleblower Reward Lawyer, IRS Tax Fraud Whistleblower Award Lawyer, Corporate Tax Fraud Lawyer, Taxpayer Fraud Whistleblower Recovery Lawyer, IRS Whistleblower Reward Lawyer,  Illegal Offshore Account Tax Fraud Whistleblower Lawyer, Federal Whistleblower Reward Lawyer & IRS Whistleblower Payment for Detection of Fraud Lawyer

For more information on Illegal Offshore Account Tax Fraud Whistleblower Reward Lawsuits, IRS Tax Fraud Whistleblower Award Lawsuits, and other Tax Fraud Whistleblower Recovery Lawsuits, please feel free to click on the following link, Corporate Tax Fraud Lawsuits & Tax Fraud Whistleblower Lawsuits