First SEC whistleblower award-6 lessons learned
Whistleblower Tax Suits on the Rise
CMS wants to change the way that it rewards non-qui tam whistleblowers who report alleged fraudulent or unlawful conduct related to Medicare or Medicaid. Using an IRS program as a model, CMS recently proposed rule changes to...more
On January 28, 2013, in a letter to the Internal Revenue Service (IRS) and the U.S. Department of Treasury (Treasury), Senator Charles Grassley (R-IA), co-author of the 2006 updates to Section 7623 of the Internal Revenue...more
On February 13, 2013, the IRS issued its “Fiscal Year 2012 Report to the Congress on the Use of Section 7623,” as required by The Tax Relief and Health Care Act of 2006 (Act). The Act was established “to encourage people with...more
The Internal Revenue Service (IRS) has proposed new regulations addressing the processing and awarding of bounties to whistleblowers who provide information relating to underpayments of tax or violations of the Internal...more
It has taken a long time but the status of whistleblowers has reached an all time high. Whistleblowers can expect even more encouragement and protections in the future. ...more
In Cohen v. Commissioner, 139 T.C. No. 12 (October 9, 2012), the Tax Court decided that it lacked jurisdiction to review an IRS Whistleblower Office decision not to pursue a claim. In the decision, Mr. Cohen asked the...more
On September 11, 2012, the National Whistleblowers Center announced that UBS whistleblower, Bradley Birkenfeld, was awarded $104 Million by the Internal Revenue Service (‘IRS”) as payment for insider information he provided...more
The recent announcement that the IRS granted a $104 million whistleblower award to convicted former UBS banker Bradley Birkenfeld generated front-page news coverage. Birkenfeld, the U.S.-bred former private banker who...more
Steve Berman, managing partner at Hagens Berman, a nationwide whistleblower protection law firm, today lauded an award the Internal Revenue made to former Swiss banker Bradley Birkenfeld for providing information on tax...more
Earlier this year, the Internal Revenue Service (IRS), in its continuing effort to prompt and motivate whistleblowers to come forward, issued final regulations clarifying certain definitions used for purposes of calculating...more
JD Supra gets your content noticed, increases your visibility and makes your marketing efforts hassle free...
Learn More or Schedule a demo