The IRS Tax Whistleblower Rewards Program was created in December 2006 by the Tax Relief and Health Care Act and modeled after the enormously successful False Claims Act. The False Claims Act has recovered more than $25 billion to the U.S. for fraud committed on the government, and there are estimated to be billions of pending cases. Tax fraud, in many estimates, has the potential to dwarf those claims pursued under the False Claims Act.
Whistleblower rewards under the program range from 15% to 30% of the amounts recovered by the IRS, depending on a number of factors.
Even based on the minimum reward of 15%, the potential for whistleblower rewards in the billions of dollars appears likely. Whistleblowers Against Fraud has the experience, financial and legal expertise, and investigative know-how, to ensure that your IRS tax whistleblower reward is maximized.
As explained in the IRS Whistleblower Rewards Program Statute, to qualify for a whistleblower reward, the claim must be against taxpayers:
- Whose gross annual income exceeds $200,000
- Whose potential indebtedness for taxes, penalties, and interest is greater than $2 million.