An individual who provides information about unpaid federal tax to the IRS Whistleblower Office could qualify for a cash award. An eligible claim must meet certain requirements and “provide specific or credible information regarding tax underpayments or violations of internal revenue laws.” The tax code authorizes the IRS Whistleblower Office (WBO) to pay discretionary whistleblower awards from any money the IRS collects by using the whistleblower’s information. In one case, the U.S. Tax Court found that the WBO properly rejected an individual’s claim for an award because the information he provided was speculative and not credible. (155 TC No. 4) Call or visit our website for more information! www.mjscpa.com/
