IRS Whistleblower Claims

qui tam attorney

IRS Section 7623 Claim Submission Assistance

Our team of attorneys have actual experience with IRS whistleblower claims.  Our attorneys helped file one of the first claims under the Section 7623 Claim that we contend shows more than One Billion Dollars in tax evasion by a host of US and foreign companies. This is not surprising – statistics show that every year, more than $300 Billion Dollars goes unreported in taxes to the IRS.

There is no limit to the reward you can recover, which per statute “shall” be at least 15% of any taxes actually recovered by the IRS (and the figure goes up to 30%). In other words, if you can disclose a $100 million underpayment of taxes, your reward could be up to $30 million. All for blowing the whistle on fraud.

The IRS imposes strict requirements under the Whistleblower Program.  For example:

  • In order to qualify for a reward, you must provide information on tax fraud or tax underpayments that total $2 million or more in combined taxes, penalties, and interest.
  • Annual Income: In cases of individuals (as opposed to businesses), the individual taxpayer’s gross annual income must exceed $200,000 during the year the tax was due.
  • Reward Amount: The reward ranges between 15-30% of the amount the IRS collects and depends on the quality of proof that you present to the IRS.

Example Tax Frauds Reported Under IRS Whistleblower Program

  • Offshore Tax Haven Abuse: This type of scheme involves the creation of different types of offshore entities to conceal assets and income subject to tax by the United States, including foreign trusts, foreign businesses, offshore private annuities, offshore hedge funds, and offshore bank accounts.
  • Tax Shelter Abuse: This type of scheme involves multi-layer financial transactions that hide the owner of the money subject to tax by the United States, including IBC transactions, stock compensation transactions, lease in/lease out (LILO) transactions, and offsetting foreign currency option contracts.
  • Money Laundering: As expected, money laundering involves activities and financial transactions designed to hide the true source of money subject to tax by the United States, including money earned from illegal business activities such as ponzi schemes, securities fraud, and mortgage fraud.
  • Employee Tax Abuse: As the name sounds, employee tax abuse involves the improper withholding of federal employment taxes, including schemes involving pyramiding, third party payers, offshore employee leasing, false payroll taxes, and misclassification of worker status.

How Much Time to File an IRS Whistleblower Claim

You should act quickly.  This is because the IRS follows a first to file rule. The first person to disclose the fraud is the only person that can seek recovery under the IRS whistleblower program. This means that if you know of fraud, and hope to have any chance of recovery, you must speak to an experienced team of IRS whistleblower attorneys right away.

Will My Identity Be Confidential?

Yes except in a very limited circumstance. We will never reveal your name and the fact you are a whistleblower program without first receiving your permission.  There have, in fact, been several payments under the IRS Whistleblower program.  For several of these payments, no one knows (1) the whistleblower or (2) the company involved.  Our communications will be confidential under the attorney-client privilege. There may be a very small chance you will be called as a witness at a proceeding, but this is a very small likelihood.

How Do I Get a Free IRS Case Evaluation?

CALL TOLL FREE: 1-800-632-1404


FORM TO FILLE OUT for a free initial and confidential consultation:

Your Name (required)

Your Email (required)

Your Phone Number (required)

Case Details