Every year, the United States government loses billions of dollars in essential revenues needed to operate the country efficiently and effectively. These monies are lost to tax cheats. The money that every day citizens pay for important government programs are important, and represent a sizable percentage of their income.
This is supposed to be true for big corporations and wealthy individuals as well; we all owe to the Internal Revenue Service (IRS) – it is part of our civic duty to pay our taxes. Every time that somebody under-reports or underpays their taxes they are cheating the American public and making honest taxpayers foot the bill for what they don’t pay. This is not fair, but it has gone on for a very long time.
The IRS has spent years and expended tremendous resources trying to find tax cheats in order to collect monies owed, but as fraud has become more sophisticated it has also become more and more difficult to ferret it out, and it requires tremendous capital expenses to try to discover all of the unethical practices across the country.
Congress Passes Tax Whistleblower Program
As a result of the need for a way to uncover tax fraud, in 2006 the U.S. Congress passed a bill called The IRS Tax Whistleblower Program. This program was designed to provide an incentive to those individuals who are aware of tax fraud and who are willing to report it to the government. The incentive that is provided comes in the form of a sizeable cash award – between fifteen and thirty percent of the money that the IRS is able to recover as a result of the whistleblower’s actions – and many people have been able to reap the reward of this program.
Whistleblowers have earned millions of dollars reporting tax cheats, and if you are aware of tax fraud being perpetrated, you could collect big money too. But reporting tax fraud is a tricky business – there are rules that have to be followed and you need protection; the tax fraud attorneys at Danziger & De Llano have years of experience filing whistleblower lawsuits, and we know exactly what is needed to proceed in the best and safest way possible for you.
How you can Benefit from the IRS Tax Whistleblower Program
There are a variety of ways that ordinary citizens can become aware of tax fraud. In most cases, the people who have reported fraud have been accountants, bookkeepers, even the attorney for an individual or a corporation may learn that their client is being unethical and can turn them in. It takes tremendous strength and courage to file a whistleblower program, because you are often turning in somebody that you know – and you may even fear for your own safety.
But whistleblowers’ identities are generally protected unless it becomes necessary to reveal it in court, and the whistleblower’s attorney generally has advance notice of this so that they can advise and protect their client. And the payoff for being a whistleblower is extremely rewarding. For those who report tax fraud with a collectible of $2 million dollars or more, the reward is between fifteen and thirty percent of the amount brought in – that is a great deal of money, and these rewards have gone into millions of dollars for reporting particularly egregious tax fraud cases.
Whatever the Type of Tax Fraud, We can Help
Whether you are aware of tax fraud that takes the form of deliberately underreporting income, or taking inappropriate deductions, hiding assets or misrepresenting charitable contributions, if a corporation, or individual earning more than $200,000 per year, is known to be cheating the government then the Internal Revenue Service wants to know about it, and they will reward you for coming forward. But if you are in possession of this type of knowledge it is very important that you proceed in a safe and cautious way.
The first step is to get in touch with an experienced whistleblower attorney so that they can carefully document the information that you have and prepare it in a way that will make it clear to the government that you have a case that is worthy of your attention. Hiring an experienced attorney is also very important in terms of making sure that you and your family are protected and your privacy is assured.
The attorneys at Danziger & De Llano know all the ins and outs of tax fraud whistleblower law, and we also know what needs to be done to make sure that you get all of the proper protections that are guaranteed, and that you file your case in a timely manner so that the statute of limitations does not expire. Pursuing a whistleblower case can be complicated; you need a confident, qualified team on your side. The tax fraud lawyers at Danziger & De Llano are that team, and we’re ready to help.