IRS' Whistleblower Program is in High Gear!

It official that the IRS' Whistleblower Program is in High Gear!

The Internal Revenue Service issued its 2012 report to congress regarding the results of its' Whistleblower Program.

During FY 2012, the IRS received 332 whistleblower submissions relating to 671 taxpayers that, based on the face of the submissions, appear to meet the threshold of $2,000,000 in tax, penalties, interest, and additions to tax in section 7623(b). Many of the individuals submitting information to the IRS claimed to have inside knowledge of the reported transactions, often including extensive documentation in support of their claims.

The IRS does not yet know how many of these cases will result in collected proceeds after examination or investigation, as the amounts alleged reflect only the whistleblower’s estimate of the potential recovery.

Table of Activity By Year	Whistleblower -7623(b) SUBMISSIONS	Taxpayers Identified
2007	50	875
2008	377	1369
2009	472	2178
2010	422	5545
2011	314	734
2012	332	671

Many of the individuals submitting information to the IRS claimed to have inside knowledge of the reported transactions, often including extensive documentation

in support of their claims.  

The IRS does not yet know how many of these cases will result in collected proceeds after examination or investigation, as the amounts alleged reflect only the whistleblower’s estimate of the potential recovery.  

Current Status of Open Whistleblower - 7623(b) Claims (as of 12/10/2012)
Current Status	Submissions	Taxpayers	Whistleblowers	Claim #s
Not recorded	3	23	3	23
Appeals 16	40	102	38	87
CI Review	4	4	3	4
Operating Division Field Examination	695	2846	542	2714
Operating Division Subject Matter Expert Review	116	327	83	318
Whistleblower Office - Award Evaluation 17	4	7	4	3
Whistleblower Office - Case Suspended 18	171	4913	123	4810
Whistleblower Office - Case Suspended Collection Action 19	4	17	4	17
Whistleblower Office - Case Suspended Refund Statute 20	3	6	3	5
Whistleblower Office - Case Suspended Related Claims Still In Process 21	44	605	32	550
Whistleblower Office - Case Suspended TEFRA Related 22	1	54	1	51
Whistleblower Office - Form 11369 Review 23	313	1069	252	987
Whistleblower Office - Initial Review	51	70	38	67
Total	1449	10043	1126	9636

Twelve of 128 claims paid in FY 2012 involved collections of more than $2,000,000.

 

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Want a Reward of Between 15- 30% of Underpaid IRS

Tax Liabilities for

Blowing the Whistle on a Tax Cheat?

 

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Contact the Tax Lawyers at Marini & Associates, P.A.

 

for a FREE Tax Consultation at: www.TaxAid.us or

www.TaxLaw.ms or Toll Free at 888-8TaxAid (888 882-9243).