Whistleblower Law Blog

TweetA well-known New York City tailor pled guilty to tax-evasion charges and separately agreed to pay $5.5 million to settle a related whistleblower case brought under New York State’s False Claims Act (FCA). The whistleblower, Vijay Tharwani, a former employee of the tailor, will receive $1.1 million of the settlement. The case marked the first [...]

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TweetIn today’s Wall Street Journal article titled “Whistleblower Bounties Pose Challenges,” Jason Zuckerman, a principal at The Employment Law Group® law firm, states that the IRS “needs to be more responsive” to whistleblowers claims.  Zuckerman is referring to the IRS whistleblower program under which whistleblowers who report tax fraud can obtain a reward of up [...]

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TweetUBS has agreed to pay $780 million to settle allegations that it helped thousands of U.S. taxpayers defraud the Internal Revenue Service (“IRS”).  According to reports by the Department of Justice, UBS concealed billions of American dollars in accounts held overseas despite requirements to report IRS income and other identifying information for its U.S. clients [...]

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TweetOn June 2, 2008, the U.S. Tax Court proposed new rules for determining IRS whistleblower awards under section 7263.  The proposed rules grant the court jurisdiction over appeals of award determinations and include procedures for commencing a whistleblower award action.   Among the proposed amendments are references to actions for redetermination of a whistleblower’s employment status, [...]

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TweetThe Internal Revenue Service released new guidelines for whistleblowers to report tax fraud and possibly claim a reward based on the amount of additional tax, penalties and interest that is owed. Under the new procedures, the award for reporting tax fraud ranges from 15% to 30% of the collected proceeds. To be eligible for an [...]

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