Articles

How do you Know your IRS Whistleblower Case is Reportable and Reward Worthy?

by Brown LLC Whistleblower Law Firm,Class Actions and Injury La

Over $300 billion in taxes are estimated to go underreported to the IRS, each year. IRS whistleblowers are paid up to 30% of IRS collection from unpaid taxes by the IRS Whistleblower Office. There’s no limit to how much an IRS whistleblower can be rewarded with. For instance, if a whistleblower reports $10 million tax underpayment, they can receive up to $3 million as a reward. The IRS practices very definite rules when it comes to approving and rewarding a tax fraud whistleblower.

Here they are –

Tax amount: To qualify for reward, the whistleblower has to provide information on tax underpayment or tax fraud that’s worth $2 million and more in collective taxes, interest and penalties.

Annual income: If an individual is being reported (and, not any businesses), the gross annual income of the taxpayer must exceed $200,000 in the same year the tax was due.

Reward amount: The IRS Whistleblower Reward ranges from 15% to 30% of the total amount IRS has collected; and it also depends on what kind of proof is being presented to IRS of the tax fraud. The quality of the proof also matters in determining the IRS Whistleblower Reward.

If you are considering reporting a tax fraud, you must immediately contact an IRS whistleblower attorney at Brown, LLC. Our IRS whistleblower attorneys are experienced and they provide counsel to the whistleblowers across the country.

How do you know you have a reportable IRS whistleblower case?

Our IRS whistleblower attorneys begin by analyzing and determining if your case is valid enough to be reported. A valid and strong IRS whistleblower case typically involves the informants who have the insider knowledge and substantial documentations to support their claims. When a tax fraud is reported, it needs to be made sure that the IRS does take action. In order to make this happen, you will want to work only with the best IRS whistleblower attorneys, who allow forensic accountants to evaluate, interpret and summarize the complicated financial misconducts. IRS whistleblower attorneys at Brown, LLC, work with former revenue agents who have professional experience in audits and accounting and who are specialists at finding tax fraud schemes. Our IRS whistleblower attorneys help you build up the best case before you submit it to the IRS Whistleblower Office.

We are a reputable law firm specializing in tax whistleblower representation before the IRS. The Brown, LLC team consists of qualified and extensively experienced tax whistleblower attorneys. Having committed to practicing IRS whistleblower program, we assist government agencies, whistleblowers and other associated law professionals so as to increase the awards and lower the delays. Brown, LLC is one of those law firms with a nationwide practice.

Our confidential consultation consists of all small details and key changes in regards to what you are supposed to report. Tax fraud is a complex matter and unless you know what you are up against or for, delinquencies tend to occur. Although, tax fraud schemes are plentiful, a strong and undeniable IRS tax whistleblower case usually implicates one or more of the three tax scenarios as follows:

Non-filing – It happens when the taxpayers, negligently or intentionally, do not file the tax returns on time.

Underreporting – This happens when the taxpayers play down with the actual income or overstate the deductions, credits or exemptions on their return.

Underpyament – This occurs when the taxpayers have, although, filed their returns, however never pay up the amount on time.

According to the IRS whistleblower attorneys at Brown, LLC, most of solid tax fraud whistleblower cases involve either underpayment or underreported federal or employment tax frauds. We are an accomplished law firm that deals with such claims. Having recovered millions for our individual clients as well as for the government, we ensure that you may be entitled to substantial rewards, if your allegations are proven credible.

Call on (877) 561-0000 for a quick confidential consultation.


Sponsor Ads


About Brown LLC Advanced   Whistleblower Law Firm,Class Actions and Injury La

14 connections, 0 recommendations, 109 honor points.
Joined APSense since, June 24th, 2020, From 111 Town Square Place, Suite 400, Jersey City, NJ, United States.

Created on Mar 30th 2021 21:36. Viewed 560 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.