Internal Revenue Service Rewards Whistleblowers
Whistleblower Award Base Increases
Foreign Bank Account Reporting Requirements
Tax season is here, the government has re-opened, and the Internal Revenue Service (IRS) is back to business. IRS business includes catching tax fraud and whistleblowers play a major role in enforcement and receive rewards for their efforts once the IRS collects. Individuals with information of offshore tax evasion in particular can help the government go after a major source of tax evasion. Whistleblower cases for offshore tax evasion are brought under the Internal Revenue Code (26 U.S.C. §§ 1 et seq.), Reports of Foreign Bank and Financial Accounts (FBAR) (31 U.S.C. § 5314), and Foreign Account Tax Compliance Act (FATCA) (26 U.S.C. § 1471 et seq.). These statutes impose monetary penalties for violations and whistleblower awards are now based on the tax recovered plus penalties collected. I.R.C. § 7623(c).
If you have information regarding offshore tax avoidance schemes and violations of FBAR and FATCA, the California and San Francisco whistleblower/qui tam attorneys at Evans Law Firm, Inc. know how to present your evidence to the IRS with the best chance for you to receive an eventual reward. Cases take a long time from application to collection but the wait is worth it; whistleblowers can receive up to 30% of the amount collected. If you or a loved one has credible information regarding offshore tax avoidance schemes, violations of foreign bank account reporting laws, abusive tax shelters, or other tax fraud schemes, call the whistleblower/qui tam attorneys at Evans Law Firm, Inc. (415)441-8669, and we can help.
All IRS whistleblower cases start with completing and filing IRS Form 211, the application for Award for Original Information. IRS Form 211 requires a whistleblower to: (1) state the facts pertinent to the alleged violation; (2) explain why the act constitutes a violation of the tax laws; (3) describe how he or she learned of or obtained the information that supports the claim; and (4) describe the amount owed by the alleged violator. Our lawyers can assist whistleblowers in preparing IRS Form 211 and accompanying documents. We know how to advance your case through application, investigation, and administrative and/or judicial review to the end of obtaining an award for your information.
If you have information regarding offshore tax avoidance schemes, violations of foreign bank account reporting requirements, abusive tax shelters, or other tax fraud contact Ingrid M. Evans and the other IRS whistleblower and tax fraud attorneys at the Evans Law Firm at (415) 441-8669, or by email at <a href=”mailto:email@example.com”>firstname.lastname@example.org</a>. Our attorneys have experience with complex qui tam or whistleblower cases, including IRS tax avoidance whistleblower cases and tax and securities fraud whistleblowers, and cases against large insurance companies. We can help guide your case through a jury trial or toward an equitable settlement. We also handle cases involving physical and financial elder abuse, whole life insurance and universal life insurance, and indexed, variable, and fixed annuities.