On November 29, whistleblower attorneys Dean Zerbe and Stephen M. Kohn announced that a joint client received an IRS whistleblower award of $15.1 million. The anonymous whistleblower provided the IRS with information about a sophisticated tax evasion scheme being carried out by high-wealth individuals.
The whistleblower’s disclosure led to an IRS enforcement action which collected over $71 million that will be returned to the U.S. Treasury.
Kohn and Zerbe are both members of the Tax Whistleblower Attorney Group (TWAG) and have jointly represented a number of tax whistleblowers, including Brad Birkenfeld, the UBS whistleblower who received an award of $104 million from the IRS in 2012.
“Today’s award serves to reinforce that the IRS Whistleblower Program is critical in going after wealthy individuals who are evading tax. The IRS would have struggled significantly in bringing an enforcement action against these tax cheats but for the good work of the whistleblower,” said Zerbe of the law firm of Zerbe, Miller, Fingeret, Frank & Jadav.
Through the IRS Whistleblower Program, qualified whistleblowers, individuals who voluntarily provide original information that leads to a successful IRS action, are entitled to monetary awards of 15-30% of the money collected thanks to their disclosure.
“This award underscores how vital it is for the government to reward tax whistleblowers if the IRS is going to have success in going after wealthy tax cheats,” said Kohn of Kohn, Kohn and...
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