Offshore Tax Avoidance And Other Tax Evasion Schemes
Billions Lost To Tax Fraud
Whistleblowers Rewarded For Assistance
Over the past several months, the Internal Revenue Service (IRS) announced several new enforcement initiatives against tax evaders. One was the creation of a special task force of agents dedicated exclusively to international tax enforcement as part of its criminal investigations unit. The other was the announcement that citizens reporting violations of excise tax laws on liquor, tobacco, and firearms were eligible for whistleblower rewards. The IRS whistleblower attorneys at Evans Law Firm, Inc. represent persons with credible information of tax fraud and assist in submitting applications to the IRS based on that information. If you have credible information of tax fraud, call pour attorneys today at (415)441-8669.
Offshore Tax Avoidance
Offshore tax avoidance schemes may violate the Internal Revenue Code (26 U.S.C. §§ 1 et seq.), the Reports of Foreign Bank and Financial Accounts Act (FBAR) (31 U.S.C. § 5314), and the Foreign Account Tax Compliance Act (FATCA) (26 U.S.C. § 1471 et seq.). Whistleblowers receive awards of 15-30% of the amount collected including penalties. I.R.C. § 7623(c). In Fiscal Year 2019, the IRS awarded over $120 million to whistleblowers. 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 assemble your information and submit your whistleblower application to the IRS alleging all possible tax code and other violations.
Excise Tax Fraud
Earlier this year, the IRS and the Alcohol and Tobacco Tax and Trade Bureau (TTB) signed a Memorandum of Understanding formalizing procedures to process whistleblower reward claims under internal revenue laws administered and enforced by the TTB. TTB is a bureau of the Treasury Department. It administers provisions of the Internal Revenue laws that impose a federal excise tax on distilled spirits, wine, beer, tobacco products, as well as firearms and ammunition. The TTB will administer whistleblower awards under Internal Revenue laws as part of a cooperative effort with the IRS to provide consistency to whistleblower awards.
Protection Against Retaliation
Employees who blow the whistle on any kind of tax fraud, are protected from retaliation by their employers. The litigators at Evans Law Firm can represent you in any wrongful termination action as well as in your underlying whistleblower case. Remedies include reinstatement, double back pay, interest, and attorneys’ fees and costs for bringing your lawsuit. See 26 U.S.C. § 7623.
If you have information regarding offshore tax avoidance schemes or excise tax evasion, 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 whistleblower attorneys also handle cases involving bank fraud under the Financial Reform, Recovery, and Enforcement Act (FIRREA/FIAFEA), the Commodities Futures Trading Commission Whistleblower Program, the Securities and Exchange Commission Whistleblower Program, False Claims Act cases, the FINRA Whistleblower Office and the California False Claims Act. 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.