Tax Whistleblower Cases

What to Expect as a Tax Whistleblower

February 25th, 2015

The idea of becoming a whistleblower for tax fraud can be an intimidating prospect. Experienced tax whistleblower attorney James T. Ratner wants to set your mind at ease. Although acting as a whistleblower can be a lengthy and difficult process at times, it can also be quite rewarding.

As a tax whistleblower you can expect:

  • Confidentiality. During the case, your identity will be kept confidential.
  • An award. Whistleblowers can receive from 15 to 30 percent of the amount collected by the IRS for the tax fraud or tax underpayment by the corporation. However, your award may be reduced or denied if you in any way initiated or planned the tax fraud. Additionally, if the information you provide has already been disclosed, your reward may be reduced.
  • Qualifications. Although reporting any tax fraud is appreciated, to qualify for an award under the whistleblower provisions, you must provide information about tax fraud that exceeds $2 million. If you are reporting on an individual, that individual's income must exceed $200,000 annually. The IRS does not have the time or resources to pursue small claims by whistleblowers.

Are you ready to act on your in-depth knowledge of a corporations fraudulent tax activities? Call the Law Office of James T. Ratner today at (845) 383-1728 for your confidential consultation with an experienced whistleblower attorney in New York. James Ratner represents whistleblower clients nationwide.

Tax Whistleblower Payment Regulations Finalized by IRS

September 15th, 2014

The IRS released final rules in August concerning who can receive compensation for being a whistleblower for the IRS, the handling of disclosure of claims, and new procedures to track underpayments.

Tax whistleblowers will still receive 15 to 30 percent of the recovered payments in a case, but the IRS finally clarified how they will calculate the total of delinquent payments. Now the whistleblower’s award will be based on all collected proceeds, including net operating losses and carryovers, but not taxes collected outside of the context of Title 26.

The IRS also established deadlines for whistleblowers to respond within 30 days of award determinations and denial letters. And the IRS expanded the potential class of whistleblowers, making state and local government employees, who were previously ineligible, now able to disclose information that would allow them to blow the whistle.

If you are able to provide documentation regarding a corporation’s tax evasion, you can act as a tax whistleblower and be rewarded for your efforts.

Please contact James T. Ratner or call (845) 383-1728 today to discuss your case with an experienced whistleblower lawyer. All consultations are strictly confidential.

Tax Evasion Whistleblower Lawsuit Against Vanguard

August 19th, 2014

An ex-employee of Vanguard alleges that the company operated as an illegal tax shelter over 10 years and avoided paying $1 billion in state and federal taxes.

According to the complaint filed under the New York False Claims Act, Vanguard has operated as an illegal tax shelter by providing artificially low fees for mutual funds in violation of tax law. The whistleblower alleges that Vanguard filed no tax returns from 2004-2011 even though it managed 529 college savings plans in New York.

The whistleblower was placed on leave and then fired after he filed his complaint against Vanguard. This is why the False Claims Act and other whistleblower laws provide protection from employer retaliation.

Whistleblowers can be awarded a percentage of the money recovered in whistleblower cases. If you have information about false claims made against the government that cost millions of taxpayer dollars, please call (845) 383-1728 or contact James T. Ratner for your confidential consultation with an experienced tax whistleblower attorney.

Whistleblowers Awarded by IRS

April 24th, 2014

As tax season winds down, most people start to forget about the IRS for another year. But if you have information about a corporation abusing tax laws, now is the time to step forward. In 2013, the IRS awarded millions of dollars to whistleblowers for providing quality information about corporate tax fraud.

In its annual report to Congress, the IRS detailed 122 awards made to whistleblowers in 2013. Those awards totaled $53 million dollars for whistleblowers who helped the IRS recoup $367 million.

Under the IRS whistleblower program, you can receive up to 30% of the tax collected for cases involving more than $2 million in taxes, and you can receive up to 15% of the recovered taxes for cases involving less than $2 million.

The IRS is currently investigating about 12,000 cases based on information provided by 1,320 whistleblowers. Although the cases can take a few years to complete because of the complex audits involved, the rewards are worth it to many whistleblowers.

If you can document a corporation's abuse of tax laws, please contact James T. Ratner by calling (845) 383-1728 to discuss your case with an experienced whistleblower lawyer. All consultations are strictly confidential.

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