Tax evasion—the act of not paying taxes that you owe—is widespread. “One out of every six dollars owed in federal taxes is not paid,” according to the IRS. If you have information about tax fraud involving $2 million or more, you may be able to become a whistleblower. Reporting tax fraud would entitle you to certain whistleblower protections and rewards if your claim is successful. Get in touch with the qui tam attorneys of Tycko & Zavareei LLP to learn whether you have a valid tax fraud whistleblower claim.
The IRS Whistleblower Program
The IRS Whistleblower Program provides rewards for individuals who report tax fraud, tax evasion, or tax violations.
$2 million Threshold for Tax Fraud Cases
The alleged tax fraud in question must involve at least $2 million in defrauded funds to qualify for whistleblower rewards. In other words, whistleblowers cannot receive a monetary reward for reporting tax fraud involving less than $2 million, according to the Internal Revenue Code § 7623(b)(5)(B). If you have information about a potential tax fraud scheme that meets this $2 million threshold, connect with the qui tam attorneys of Tycko & Zavareei LLP.
Rewards for Tax Fraud Whistleblowers
Whistleblowers who report tax fraud, tax evasion, or tax violations worth at least $2 million can receive 15% to 30% of the total amount recovered by the IRS. “Claims for an award that provide specific and credible information regarding tax underpayments or violations of internal revenue laws and that lead to proceeds collected may qualify for an award,” states the IRS.
Types of Tax Fraud
There are many varieties of tax fraud, and the scams can be wide-ranging. Some examples of tax fraud, tax evasion, or tax law violations can include:
- Unlawful basis manipulation
- Employment tax fraud
- Tax assessment evasion
- Tax payment evasion
- Excise tax fraud
- Financial institution tax fraud
- Tax evasion using foreign bank accounts
- Fraudulent domestic and foreign trust arrangements
- Health care tax fraud
- Income tax fraud
- Unlawfully manipulating net operating losses (NOL)
- Non-filers making frivolous objections
- Tax evasion using offshore trusts
- Organized crime and narcotics trafficking tax fraud
- Overstated deductions and credits
- Property tax fraud
- Public corruption tax fraud
- Sales tax fraud
- Abusive tax schemes
- Abusive tax shelters
- Transfer pricing
- Understated income
- Unreported offshore income
- Unreported income of controlled foreign corporations
- Untaxed branches of foreign corporations in the United States
Benefits of Working with a Qui Tam Law Firm
Seeking advice from a qualified attorney successful in whistleblower cases is the best strategy to presenting a fraud case to the IRS or the Department of Justice (DOJ).
The Tycko & Zavareei LLP Whistleblower Practice has experienced attorneys with continuous success for clients bringing tax fraud cases to the government. Our attorneys prevail in cases for the following reasons:
- Deep knowledge of the inner workings of the IRS and DOJ and how each agency’s processes work.
- Familiarity–we talk their talk. Our litigators have worked inside and outside the federal government. We can easily explain the critical details to prosecutors about the case, its legal background, and the specific fraud alleged.
- Understanding the urgency and the importance of getting it right. Whistleblowers have ONE SHOT at presenting their case to the IRS or the DOJ. An expert and savvy attorney with in-depth knowledge of the whistleblower process is critical to getting the case accepted.
- Our attorneys give whistleblowers the prominent voice necessary to be heard and get attention to the fraud.
Let Our Whistleblower Attorneys Help You Report Tax Fraud
Whistleblowers with knowledge of new, old, or evolving scams that involve tax fraud, tax evasion, or tax violations involving $2 million or more should consider reporting the fraud to the government with the help of a qui tam law firm like Tycko & Zavareei LLP. Tax whistleblower claims are subject to specific legal requirements and procedures that must be followed to preserve your right to a reward. The qui tam attorneys of Tycko & Zavareei LLP understand the complex issues that tax fraud whistleblowers face. Our tax fraud whistleblower lawyers are available for free, no-commitment initial consultations. To start that process, complete our Case Evaluation Form today.
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