U.S. Tax Court just gave a big win to whistleblowers in an IRS case dealing with “collected proceeds”. The opinion includes broad and sweeping definitions which includes criminal fines

IRS | IRS, Whistleblower, award, criminal, Tax Fraud, IRS Whistleblower

The IRS estimates the annual tax gap to be $406 billion, based on data from 2008-2010.

IRS | taxes, IRS, IRS whistleblower program

Wherever you go, there they are; misplaced priorities.

This is how they spend their enforcement resources in the UK.

IRS | enforcement, budget cuts, personnel, IRS, U.K., Britain, England

The IRS has issued their Fiscal Year 2014 Whistleblower Program report to Congress.  As in years past, we see a flood of whistleblower submissions, but only the thinnest trickle of cases resolved.

A quick summary:

| IRS whistleblower program, IRS, IRS Annual Report, IRS Whistleblower Office Annual Report - 2014

This Week in Fraud is a peek into the world of whistleblowing and incentivized integrity programs. Each week we highlight important case settlements, industry developments, and general points of interest. Take a moment and see what is happening this week in fraud. 

FCA | Mylan, Chris Van Hollen, Ersparniskasse Schaffhausen AG, Medicare Part D, IRS

There has been quite a bit of news in recent years about US companies “inverting” – companies reincorporating or merging their company abroad to dodge U.S. taxes – and most of that news has centered around the tax avoidance strategy known as Double Irish with a Dutch Sandwich. This scheme has allowed some of the most profitable companies in the United States to relocate their corporate headquarters overseas and as a result, avoid billions in taxes. 

IRS | Dr. Miriam Ramirez, IRS, House Subcommittee on Indian, Insular, and Alaskan Native Affairs, Puerto Rico

What They're Saying About the IRS Whistleblower Program

| IRS whistleblower program, IRS, Grassley, Koskinen

The TAF Education Fund is creating two new dedicated list-servs, one for IRS whistleblower matters, and the other for SEC and CFTC whistleblower issues.  Come, grow along with us!

| SEC whistleblower program, IRS whistleblower program, FCA, IRS, SEC, CFTC Whistleblower Office, CFTC, list-serv

In One Week:  

- IRS Commissioner John Koskinen gave a keynote address at the TAF Education Fund’s annual conference and announced his support for whistleblowers and the IRS whistleblower program, promising to increase the number of personnel in the IRS Whistleblower Office by more than 70%.

- Virginia Attorney General Mark Herring announced his state was joining a whistleblower lawsuit seeking to recover $1.15 billion from 13 banks accused of defrauding the Virginia Retirement System.

- Attorney General Eric Holder announced his support for dramatically expanding whistleblower awards under FIRREA.

FCA | DoJ, IRS, Virginia, Holder, Koskinen, Herring, Patrick Burns, FIRREA