Confronting Tax Cheats

If you're aware that an individual or an entity has failed to pay taxes or who has underpaid, and you have credible information to back up your claim, you can blow the whistle and end up collecting money if your notification leads to the IRS collecting owed money. There are rules and guidelines in place for how these claims occur; if you're thinking of blowing the whistle, contact the Law Offices of Louise A. Herman in Rhode Island at 401-400-3839 to speak with an attorney to find out what to do next.

Two Different Awards

IRS whistleblower cases are handled differently depending on whether the person or entity you are reporting owes more or less than two million dollars.

  • If more than two million is owed, you could potentially collect up to 30 percent of the amount the IRS collects from owed taxes. If you are reporting an individual, that individual must make more than $200,000 in gross income per year.
  • If less than two million is owed, your award could be up to 15 percent of the tax collected, up to a maximum of 10 million dollars. If you are reporting an individual who owes less than 2 million, they must make less than $200,000 in gross income per year.

In order to successfully report someone who has failed to pay taxes or who has underpaid, you must have solid credible information to back up your claim.

Have Evidence Of A Significant Tax Dodger? Call Us.

Schedule your free initial consultation with a lawyer to discuss what you know by calling our Providence office at 401-400-3839 or by emailing us.