On June 7, 2019 the IRS released IR-2019-106 where The Service urges taxpayers who owe tax and have not filed their 2018 return to act before Friday, June 14, before a larger penalty kicks in. The failure-to-file penalty is assessed if there is unpaid tax and the taxpayer fails to file a tax return or request an…
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9th Circ., For the Second Time, Revives IRS Cost-Sharing Rule In Altera!
On August 7, 2018 we posted IRS Win In Altera Cost-Sharing Row Withdrawn? where we discussed that the Tax Court had sided with Altera Corp., an Intel subsidiary, in the case in July 2015 after finding that the IRS had ignored significant evidence and public comments while issuing its rule requiring cost-sharing agreements between related parties to…
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IRS Whistleblower Office Collects Over $1.44 Billion & Paid a Record $312M to Tipsters
The IRS’s Whistleblower Office collected over $1.44 billion and awarded 217 whistleblowers $312 million in fiscal year 2018. The 2018 Whistleblower Program Annual Report to Congress is available on IRS.gov. The Internal Revenue Service’s Whistleblower Program made 217 awards to whistleblowers totaling $312,207,590 and collected $1,441,255,859 in fiscal year 2018, according to a new report.The annual…
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Whistleblower Program: Final Orders/Award Determinations
Whistleblowers who submitted a tip, complaint, or referral (Form TCR) are sometimes eligible to receive a percentage of the monetary sanctions collected in a CFTC action. This page contains Final Orders of the Commission and related Award Determinations regarding award applications submitted on a Form WB-APP. Award determinations can either deny or grant an award.…
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