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.
======================
Want a Reward of Between 15- 30% of Underpaid IRS
Tax Liabilities for
Blowing the Whistle on a Tax Cheat?
======================
Contact the Tax Lawyers at Marini & Associates, P.A.
for a FREE Tax Consultation at: www.TaxAid.usor
Read more at: Tax Times blog
